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The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes. Hayes delved into the recent $4.3 billion settlement paid out by Binance in a lengthy Substack blog. This comes
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Riffing, then, on what the explanation might be for the SEC's continued rejections of spot ETF applications, Wood referred to "speculation" surrounding Gensler's desire to be Treasury Secretary. "What does the Treasury Secretary do? It's very focused on the dollar," she said. Original Source
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Sam “SBF” Bankman-Fried’s defense attorney Mark Cohen heard testimony from the former FTX CEO on his relationship with Caroline Ellison and political donations from the crypto exchange.According to reports from the courtroom on Oct. 27, Bankman-Fried claimed not to have discussed donations to U.S. politicians with former FTX engineering director
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“The state is home to innovative entrepreneurs, major corporations with global reach and policymakers including Rep. French Hill and Sen. John Boozman, both of whom have taken an interest in digital asset technology. All of this makes Arkansas a great place to work with the startup community,” Tillemann told Cryptox. Source
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Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails
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Prosecutors from the United States Department of Justice will be allowed to surface the details of Sam Bankman-Fried’s political donations as the evidence is directly relevant to his fraud charges, ruled U.S. District Judge Lewis Kaplan.The decision was part of a series of rulings made by Kaplan in a 16-page
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Academics are at odds over a research paper suggesting ChatGPT presents a “significant and sizeable” political bias leaning toward the left side of the political spectrum.As Cryptox recently reported, researchers from the United Kingdom and Brazil published a study in the Public Choice journal on Aug. 17 that asserts large
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The “Don’t Extradite Assange Campaign,” dedicated to gathering support against the extradition of Wikileaks founder Julian Assange to the United States, is launching a virtual political rally in the metaverse.Assange has been confined within Belmarsh Prison in London since April 2019, fighting a court battle against his extradition to the
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United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of Representatives member who previously acknowledged 11 ethics violations.As of Aug. 15, more than 54,000 individuals had signed on to Coinbase’s "Stand with Crypto Alliance" in an effort to engage with
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Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic of political divisiveness, resulting in a perception of partisanship — especially in the United States. Speaking to Cointelegraph, Jonathan Jachym, the Global Head of Policy at U.S.-based crypto exchange
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