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The crypto and Web3 community has mobilized to support relief efforts in Israel in response to the recent wave of Hamas terrorist attacks. The grassroots initiative, Crypto Aid Israel, has raised over $185,000 to date, with participation from over 30 companies worldwide. According to an announcement shared with crypto.news, the funds
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The U.S. Treasury Department is currently pushing for new rules that enhance monitoring and reporting capabilities on virtual currency mixers leveraged by illicit actors and terrorist groups. On Oct. 19, the Wall Street Journal reported that President Biden’s administration is set to designate crypto mixers as a threat to national security.
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The International Monetary Fund (IMF) has called for financial reforms, particularly in the crypto industry, to foster global economic stability. Despite the IMF’s expectation of economic growth across the Middle East, it believes the recent Israel-Hamas conflict poses substantial risks to the region’s economy. The IMF in a joint statement highlighted the
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In this issueGaza tensions, digital tremorsNFTs: not dancing in SeptemberLubin talks twilight: Traditional system’s eclipseFrom the Editor’s DeskDear Reader,It’s a geopolitical conflict with roots stretching back over more than a century. Yet the latest escalation of violence in Israel and Palestine this past week feels particularly shocking. Not least because
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Traders expect risk assets to fall further should geopolitical tensions continue to rise. Source
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The United States Securities and Exchange Commission (SEC) approved a set of sweeping changes to the rules governing the use of “optimization functions” by brokers in a committee vote on July 26.We have an upcoming @SECGov Open Meeting on July 26 | 10am ETWe’ll be discussing:1⃣Cybersecurity Risk Management, Strategy, Governance,
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Artificial intelligence (AI) has crept into another arm of Hollywood sending the industry back into an already established debate over its usage as Duncan Crabtree-Ireland, the Screen Actors Guild‐American Federation of Television and Radio Artists (SAG-AFTRA)’s chief negotiator, revealed a proposal from Hollywood studios.During a press conference on July 13
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The European Securities and Markets Authority will set out proposals next month for how the EU’s new Markets in Crypto Assets (MiCA) rules should work in practice, including the forms and notifications that crypto companies and established funds have to follow in order to offer services within the bloc. Source
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Watchdog group Empower Oversight Whistleblowers & Research (EMPOWR) has filed suit against the United States Securities and Exchange Commission to force the agency to comply with a Freedom of Information Act (FOIA) request for access to communications between former SEC officials and their former and future employers. EMPOWR claimed in its
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In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand. Pro-Ukraine causes have collected around $200 million from crypto donations, showing how borderless and uncensorable money could be useful in time of emergency. But the Russian side has taken advantage of crypto too: a
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