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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the SEC’s recent lawsuits against major crypto exchanges, trading platform Robinhood has announced its decision to discontinue support for cryptocurrencies Cardano, Polygon, and Solana from June 27, underscoring the growing regulatory pressures within the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill. Scheduled for discussion within the House committee on June 13, this potential legislation could mark
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The 88th session of the Texas Legislature has passed a series of bills set to influence the state’s bitcoin mining industry. In the recent 88th legislative session, Texas lawmakers have made strides in legislation impacting local bitcoin
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent Twitter statement, Marc Cuban highlighted the discrepancy in the Securities and Exchange Commission’s (SEC) approach towards the stock loan industry compared to crypto assets. Cuban pointed out that while the SEC labels the stock
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The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt established financial systems and deliver financial services in
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Mr. Ape, an online pseudonym, has recently come under scrutiny for crowdfunding the acquisition of deeply disturbing videos featuring the torture of monkeys — the funding efforts were conducted by the means of various cryptocurrencies. An extensive investigation reveals a worrying and shadowy community online that appears to revel in
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The U.S. Department of Justice has charged two Russian nationals for hacking Mt Gox and laundering the stolen crypto. The two Russians have been accused of stealing some 647,000 BTC between 2011 and 2014. The Russians are facing two charges, conspiracy to commit money laundering and operating an unlicensed money service business. If
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A federal judge has sided with the U.S. Commodity Futures Trading Commission (CFTC) in a lawsuit alleging decentralized autonomous organization (DAO) Ooki DAO offered unregistered commodities, quashing an industry-wide perception that decentralized finance (DeFi) actors are immune to regulatory scrutiny. Source
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Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and Exchange Commission (SEC) in its recent legal actions against crypto exchanges Binance and Coinbase. In a June 9 update, Robinhood said it
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After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown by targeting two major exchanges, Binance and Coinbase.A total of 13 charges have been filed against Binance. One of the allegations in the suit claims that funds from Binance and
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