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While some champion CBDCs as a financial revolution, many view them as a threat to privacy and freedom. Crypto.news spoke with experts to shed light on this complex debate. Digital currencies backed by central banks, or CBDCs, could completely change how we use money. They could make payments quicker, less costly,
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“The fair market value of the validation rewards received is included in the taxpayer's gross income in the taxable year in which the taxpayer gains dominion and control over the validation rewards,” according to the legal analysis, which says that value should be figured as of the moment the U.S.
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What is happening to my data? Although true control is limited in the digital age, our relationship with big tech and big media can be parasitic. During the mobile revolution, users traded away autonomy for convenience, and in hindsight, we should have looked deeper into the Terms of Service. The
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However, bond yields rose, offering negative cues to risk assets, including bitcoin. The 10-year Japanese government bond yield rose six basis points to 0.56%, reaching the highest since January. Its U.S. counterpart rose three basis points to 4.03%, extending the overnight 13 bps gain. Source
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COMP, THE native token of Compound Finance, has seen its market price rise significantly on Wednesday, emerging as the top gainer of the day. According to data from CoinMarketCap, COMP is up by 13.24% in the last 24 hours as the bulls increase their control of the market. Initially, COMP began
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The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month. Source
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Top Stories This Week Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration U.S. Securities and Exchange Commission Chair Gary Gensler has commented publicly about the recent ruling on the agency’s suit against Ripple, saying the
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Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13. Source
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The Chinese government has announced plans for export controls on metals predominantly used to manufacture semiconductors used in the development of artificial intelligence (AI) systems.On July 3, the Chinese Ministry of Commerce issued a joint statement with the General Administration of Customs, saying the controls are aimed at protecting national
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Commodity Futures Trading Commission (CFTC) has announced its review of contracts offered by KalshiEX, a prediction market provider that also supports crypto bets. The regulator says the move aims to ensure the contracts’ fairness and
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