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In addition to exploring the Chinese market, Lucid is actively expanding its production capacity at its Arizona factory and preparing to launch its new SUV model called the Gravity. Lucid Motors, a prominent US electric car manufacturer, is actively considering entering the highly competitive electric vehicle (EV) market in China, the
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In the most recent update in the legal proceedings of the United States Securities and Exchange Commission against Ripple Labs, Judge Analisa Torres has granted permission for an investment banker declarant to make an appearance. According to a court filing, Judge Torres granted permission for Andrew A. Kunsak from the law firm
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In response to a shrinking market share and increasing competition, Circle is strengthening its position with a $1 billion cash buffer to counteract challenges posed by dominant non-crypto entities like PayPal. Circle’s USD coin faces market pressure The
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"This development is part of Sorare’s roadmap to build an inclusive ecosystem uniting tens of millions of sports fans, and support its mission to bring these fans closer to the players, teams and leagues they love," a Sorare spokesperson told CoinDesk. "It does not impact the structure of Sorare’s core
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The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi).On Feb. 16, the FSB issued a report on the financial stability risks of DeFi, highlighting major vulnerabilities, transmission channels and the evolution of DeFi.Despite providing many
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