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The Twitter exchange between WazirX co-founder Nischal Shetty and Binance CEO Changpeng “CZ” Zhao over the ownership of the Indian crypto exchange grabbed a lot of headlines in the first week of August. WazirX was reportedly acquired by Binance in 2019, and ever since then, the Indian crypto exchange has been
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Although Celsius never registered with Canada’s provincial securities regulators, Canadian authorities are working with the U.S. Securities and Exchange Commission to investigate the trans-border issue, the Financial Post reported Tuesday. Regulators have launched across jurisdictions in the U.S. and Canada to look into the insolvent lender’s post-crash actions. Source
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If the metaverse grows, households might rely more on crypto and banks and financial institutions might have greater exposure, Bank of England researchers said. Original Source
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As reported by local news outlet The Economic Times on Monday, Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on Thursday, although users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between the two exchanges.Three days prior,
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Regulators in the U.S. and U.K. have met to discuss broader crypto regulatory initiatives. They reaffirmed their commitment to “continued cooperation to support safe financial innovation, as well as to strengthen regulatory outcomes for stablecoins across jurisdictions.” US and UK Regulators Collaborate on Crypto Regulation The U.S. Department of the Treasury published
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“FDIC insurance does not protect a nonbank’s customers against the default, insolvency, or bankruptcy of any nonbank entity, including crypto custodians, exchanges, brokers, wallet providers, or other entities that appear to mimic banks but are not,” the agency instructed. Source
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"Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who invested with the Voyager cryptocurrency platform would receive FDIC insurance coverage for all funds provided to, held by, on, or with Voyager; and
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After 10 years at a national PR agency, I was recruited by Burson-Marsteller, a giant international agency. My assignments there included redesigning the fan balloting publicity program for Gillette Stadium in Foxborough, Mass., and assorted sports marketing projects for corporate accounts, including the Olympics. I was designated the U.S. spokesman
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The much-anticipated financial services and markets bill presented to the country’s parliament includes rules for stablecoins as a means of payment. Source
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