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The Florida Office of Financial Regulation is considering action against United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May.In a July 5 filing with the U.S. Bankruptcy Court for the District of Delaware, Florida Office of Financial Regulation (OFR) assistant general counsel Brandon Greenberg said
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a bid to regulate the communication of information regarding crypto-related products, the Financial Conduct Authority (FCA) has introduced new rules that specifically target companies operating in the United Kingdom. This directive, as stated in a notice
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A new memecoin called DigiToads is gaining popularity in crypto and competing with dogecoin (DOGE) and shiba inu (SHIB). The presale of DigiToads was successful, raising over $5.7 million and selling more than 354 million tokens. This indicates
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent development, Apple has issued a warning to the Damus app, which operates on the Nostr platform, urging it to align with Apple’s guidelines or risk being removed from the app store within a
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In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would be subjected to stricter regulations.The watchdog has mandated that crypto companies in the U.K. implement a “cooling-off period” for first-time investors. Additionally, as part of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The chief prosecutor in South Korea, leading the case against Terraform Labs CEO Do Kwon, indicated that he might face multiple terms in his home country and the United States. Kwon was recently granted a bail petition
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If Coinbase faces charges from SEC, at least 37% of the crypto exchange's net revenue would be at risk, analysts says. Source
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Ben.eth, the pseudo-anonymous memecoin creator behind at least three controversial token launches in recent weeks could fall under the crosshair of United States regulators, crypto lawyers suggest.A previously little-known personality in the crypto community, Ben.eth has seen his Twitter following blow up nearly five-fold in May. The influencer has launched
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Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports indicate that South Korean prosecutors are adamant that charging Do Kwon in his home country is the best way to serve justice to Terra network victims. South Korea wants Do Kwon South Korean and United States
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