Thursday, November 30, 2023
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Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz

Binance’s $4.3 billion settlement with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz.In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that the

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Robinhood to roll out US-stock trading to the British market

In another attempt to expand its business internationally, online trading platform Robinhood has announced its plans to launch its stock-exchange application in the United Kingdom. In an interview with Bloomberg, Robinhood co-founder and CEO Vladimir Tenev said that the app has already opened a waitlist for those who want to get early

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DeFi could solve Africa’s foreign exchange problems, neobank CEO says

Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi) could solve, leveraging cryptocurrencies, blockchain networks and services, according to the CEO of Canza Finance, Pascal

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Australia tries again to combat ‘future sectors’ crypto scams

A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to banking and cryptocurrency scams, among others.The paper adds to the efforts of the Australian Competition and Consumer Commission (ACCC) to combat scams via

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Elon Musk tells advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’

Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times.Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (formerly Twitter), lashed

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