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Morgan Stanley warned that the value of GBTC may drop ‘precipitously’ to zero due to regulatory changes, a crisis of confidence, a flaw, or an operational issue in the Bitcoin network.Morgan Stanley (NYSE: MS) has announced that its European Fund has set aside cash to invest in the Bitcoin market.
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The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become the number one blockchain
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The European stocks have experienced more headwinds in the past few months after the Kremlin imposed an indefinite oil cut-off to Eurozone countries.European stocks are set to close 2022 on a bearish sentiment as global markets prepare to close trading later today. Fueled by the ongoing Russia-Ukraine war, record high
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The recent European market slip indicates that investors remain cautious about the potential macroeconomic headwinds next year. The pan-European Stoxx 600 index closed marginally lower than the flatline on Wednesday amid a broader market slip. As 2022 winds to a close, the Stoxx 600 is trading down more
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Unbanked has partnered with Moorwand to allow its customers spend their digital assets holdings at different merchant locations.Blockchain-based global fintech platform Unbanked announced the launch of its new crypto payment card to eligible players in the United Kingdom and other parts of Europe.This development comes at a time when the
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The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over
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Plus: What happens when you go from bitcoin-only to … not? Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor. Original Source
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The exchange plans to roll our new products, grow its number of customers, and collaborate with policymakers and regulators across Europe. Coinbase said the EMEA region is "leading the charge" on building sensible regulation for the crypto industry, citing regulatory developments in the European Union (EU), the U.K. and the
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In an official blog post, Bitpanda announced that it has secured a crypto custody licence from the German financial authority, BaFin.Having obtained this licence, the Austrian-based crypto exchange can now legally market its services to residents of Germany. Bitpanda also claimed to be the first retail crypto exchange based out
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The Securities and Exchange Commission of Cyprus, or CySEC, reportedly issued a statement amid FTX filing for Chapter 11 bankruptcy in the United States that the regulator requested the exchange halt operations for its Europe arm.According to a Nov. 11 Reuters report, the CySEC said it had asked FTX Europe
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