Friday, December 9, 2022
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El Salvador’s Bitcoin purchase information can’t be made public: Trustee

Ever since El Salvador legalized Bitcoin (BTC) as mainstream tender, President Nayib Bukele used Twitter on numerous occasions to announce the country’s BTC acquisitions. However, ALAC El Salvador — a non-governmental anti-corruption bureau — was recently denied information from a state development bank, BANDESAL, regarding El Salvador’s Bitcoin purchases and

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Indonesia’s Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report

Kripto Maksima is one of 25 crypto exchanges registered with Indonesia's Commodity Futures Trading Regulatory Agency, known as Bappebti. The regulator stopped issuing new registration certificates for crypto firms earlier this month, with the aim of making trading activities "transparent, efficient and effective," Tech in Asia reported, referencing a Bappebti

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Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi

Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF. In a Monday tweet, SBF explicitly denied a Bloomberg report that claimed FTX was planning to purchase crypto exchange Huobi. Cointelegraph reported on Aug. 12 that Huobi co-founder Leon Li was considering

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Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota – Mining Bitcoin News

This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters

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Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub

Thailand’s oldest bank has scrapped plans it first announced in November 2021 to become the majority shareholder of crypto exchange Bitkub.In a Thursday announcement, Siam Commercial Bank’s SCB X Group said it would no longer be paying 17,850 million Baht — roughly $536 million in November and $497 million at

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Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange

“Bitkub is currently in the process of resolving various issues as per the recommendations and orders of the Securities and Exchange Commission, Thailand, which are uncertain in terms of timeframe in resolving those issues. As a result, the Buyer and the Seller have agreed to terminate the Transaction,” Siam Commercial

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