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Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities. The popular crypto exchange Coinbase Global Inc (NASDAQ: COIN) is locked in a major legal battle
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The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges. Source
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the West is still debating whether the crypto winter is finally over, the answer is unequivocal for the Middle East. Last month, the Sultanate of Oman
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Stéphanie Cabossioras has resigned as managing director of Binance’s French operations, marking the latest in a series of high-profile departures amid mounting regulatory scrutiny. Stéphanie Cabossioras, the Managing Director overseeing Binance’s operations in France, has resigned today. Her departure continues a trend of top-tier exits from the leading cryptocurrency exchange this
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This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has
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A common argument made in favor of central bank digital currency (CBDC) is that it could boost financial inclusion. The nuances of how to accomplish that goal, or even what “financial inclusion” means, remain to be explored, a Bank of Canada discussion paper said. It concluded that central banks will
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Decentralized finance project Yield Protocol said all borrowing and lending operations would end by Dec. 31, 2023. Yield Protocol, which raised $10 million backed by Paradigm, Framework Ventures, and other venture capitalists, is the latest defi project to shutdown. In an X thread on Tuesday, Oct. 3, Yield Protocol said the decision
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The lawyer representing Sam Bankman-Fried, the former CEO of the now-defunct exchange FTX, has claimed that the proposed jury questions for the upcoming fraud trial might potentially elicit biased responses.In a court filing on September 29, lawyer Mark Cohen, who is representing Bankman-Fried, contends that the jury questions presented by
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The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB). The
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Dogecoin is holding the key support at $0.0595 against the US Dollar. DOGE could start a fresh increase if there is a
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