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Financial future or false promises? Crypto firms go big on ads in 2022

Advertisements are in abundance everywhere we go — from billboards seen throughout road trips to commercials displayed every fifteen minutes or so during television shows. It’s also the case that most advertisements today display messages from major internet-based brands like Amazon, which was ranked as the largest advertiser in the

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FCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns

The United Kingdom’s Financial Conduct Authority, or FCA, has issued a warning to Binance Markets in response to Binance’s payment company Bifinity and investment firm Eqonex entering a strategic partnership.In a Monday statement, the FCA reiterated that Binance Markets Limited was not allowed to conduct certain regulated crypto-related activities in

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UK financial watchdog is investigating 50 unauthorized crypto firms

The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on unregistered crypto businesses.In a Thursday announcement, the FCA said it had opened more than 300 cases on unregistered crypto firms in the last six months “many

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India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall

At the time of publication, bitcoin was trading at about $38,200, up about 3% over the previous 24 hours. Ether was roughly flat at about $2,600. Most other altcoins in the top 20 by market cap were in the red, although Terra's LUNA was up over 9%. Solana (SOL) and

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EU members reportedly plan for AML watchdog to oversee crypto firms by 2024

The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.According to a Tuesday Bloomberg report, a group of European Union member nations led by Germany and including The Netherlands, Spain, Austria, Italy and Luxembourg plan to include

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Security firms seek to make it more difficult for scammers to get away with DeFi project hacks

The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace.Early Wednesday, CertiK issued a community alert regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to $293,000 worth of funds being stolen. Shortly

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