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The next president of Argentina will be Javier Milei after his opponent Sergio Massa conceded on Sunday evening, saying "Argentines chose another path." With roughly 87% of the votes counted, Milei had 56% of the tally versus Massa's 44%, according to Bloomberg. Trading quietly through most of the weekend, bitcoin
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Bitcoin (BTC) mining’s environmental impact has always been a controversial topic. On the one hand, critics emphasize that securing the Bitcoin network takes more power than some whole countries’ annual electricity consumption. On the other hand, much of the crypto community argues that it is a necessary activity that has
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Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape." Original Source
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Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.” Original Source
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Suarez, who touted bitcoin's "democratizing impact on the future of wealth for every American" in a 2021 interview with CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday
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A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky. Source
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Neil Tan said that the statement by the Financial Services and Treasury Bureau acknowledged the importance of retail investors and would help clarify regulatory issues similar to other countries recent frameworks. Original Source
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Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face of sanctions. Russia Looking to Build Stablecoin Platforms
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Tass quoted Russia’s Deputy Finance Minister Alexey Moiseyev as saying, “We are currently working with a number of countries to create bilateral platforms in order not to use dollars and euros. We offer mutually acceptable tokenized instruments that will be used on these platforms, which are essentially clearing platforms that
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According to the banking regulator, minimizing risk by disconnecting crypto-related consumers may represent a "threat" to financial integrity. The Reserve Bank of South Africa's Prudential Authority advised its subsidiaries to avoid illegal activity, asking banks not to terminate all links with bitcoin. It implied that such an act might pose a
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