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Collapsed Crypto Exchange FTX To Distribute $1.6 Billion To Creditors In Latest Payout
Nearly three years after FTX’s dramatic collapse, the exchange is taking another major step toward repaying creditors. On September 30, the bankruptcy…
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El Salvador Moves Bitcoin Reserve Into Multiple Wallets In Security Update
El Salvador has changed how it secures its national bitcoin reserve, moving funds into multiple wallets in a shift officials described as…
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Nasdaq Sets Sight On First Tokenized Trading With SEC Approval
Tal Cohen, the President of Nasdaq, announced that Nasdaq has filed a proposal with the U.S Securities and Exchange Commission (SEC) to…
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Animoca Brands, Standard Chartered Unveil Stablecoin Venture In Hong Kong
Animoca Brands and Standard Chartered’s Hong Kong division have partnered with Hong Kong Telecom to launch Anchorpoint, a joint venture aimed at…
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Crypto Sprint Begins As CFTC And SEC Rush Toward Regulatory Reform
The U.S Commodity Futures Trading Commission (CFTC) has announced that it’s set to launch “Project Crypto.” According to Caroline Pham, CFTC’s Acting…
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UK Regulator Reverses Ban On Retail Crypto ETNs, Cites Market Maturity
The UK’s financial regulator has reversed a years-long stance against crypto-linked investment products, giving retail investors fresh access to cryptocurrency exchange-traded notes…
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Stablecoins Gain Legal Status In U.S. As GENIUS Act Becomes Law
President Donald Trump on Friday signed the GENIUS Act into law, establishing the United States’ first dedicated regulatory framework for dollar-backed stablecoins.…
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Robinhood Investigated In Florida Over Alleged Deceptive Crypto Pricing
Robinhood is under investigation in Florida over claims that its cryptocurrency platform misled customers about trading costs. The state’s attorney general, James…
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BlockFi Settles $35 Million Crypto Dispute With US Department Of Justice
A long-running legal standoff between bankrupt crypto lender BlockFi and the U.S. Department of Justice ended in a dismissal. A federal judge…
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FTX Asks U.S. Court To Halt Creditor Payouts In 49 Countries, Including Russia And China
The FTX bankruptcy estate has filed a motion to temporarily freeze creditor distributions in 49 countries with restrictive or unclear cryptocurrency laws,…