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SEC drops charges against Ripple, crypto exchanges address Israel-Hamas war, Bitcoin crosses $30K

This week, U.S. regulators dropped charges against Ripple’s executives; Coinbase addresses Hamas’ use of crypto; Bitcoin crosses $30,000 amid discussions surrounding spot ETFs. SEC waves the white flag This week, the U.S. Securities and Exchange Commission (SEC) dropped its charges against Ripple’s executives Brad Garlinghouse and Chris Larsen. However, court documents confirmed

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Israel-Hamas escalation; Revelations from SBF’s trial; Ferrari embraces crypto

This week, industry leaders evaluated the impact of the Israel-Hamas war; FTX founder Sam Bankman-Fried’s trial progressed; and Ferrari confirmed plans to accept crypto payments. Bankman-Fried’s political ambitions On the fifth day of Sam Bankman-Fried’s trial, former Alameda CEO Caroline Ellison revealed that Bankman-Fried utilized customer funds for political lobbying and engaged

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Economic stability at risk amid Israel-Hamas conflict

The International Monetary Fund (IMF) has called for financial reforms, particularly in the crypto industry, to foster global economic stability. Despite the IMF’s expectation of economic growth across the Middle East, it believes the recent Israel-Hamas conflict poses substantial risks to the region’s economy.  The IMF in a joint statement highlighted the

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US Treasury Yields Fall as Investors Observe Potential Economic Effects of Israel-Hamas War

Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded. Treasury yields fell in the US on Tuesday as investors consider the economic and geopolitical effects of the ongoing war between Israel and Palestinian militant movement Hamas. Early Tuesday morning,

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