Thursday, April 25, 2024
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India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’ – Regulation Bitcoin News

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to develop a common framework for all countries to deal

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Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25% – Economics Bitcoin News

The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising

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Goldman Sachs President Warns of ‘Unprecedented’ Economic Shocks and Tougher Times Ahead – Economics Bitcoin News

Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John

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Bitcoin whales fuel BTC price comeback as stocks brush off Russia-Ukraine shocks

Bitcoin (BTC) kept $40,000 in play at the Wall Street open on Feb. 25 after 16% daily gains increased bulls' confidence.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhales "leading the charge" towards $40,000Data from Cryptox Markets Pro and TradingView showed BTC/USD circling the $39,000 mark at the start of trading Feb. 25,

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Big Tech-Issued Stablecoins Could ‘Amplify Shocks’ to Financial System, Says ECB Exec — CoinDesk

“Without proper regulation, these developments could amplify international shocks and undermine financial resilience globally,” Panetta said. “We could see risk-biased technological change, whereby the digitalization of finance favors business models that are riskier for the global economy.” Original Source

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Trump COVID Test, BitMEX Charges Bring October Shocks for Bitcoin

U.S. regulators and law-enforcement officials brought charges on Thursday against BitMEX, a Seychelles-based cryptocurrency exchange that has grown in recent years to be one of the industry’s biggest players.According to the U.S. Commodity Futures Trading Commission, prosecutors accused BitMEX of facilitating unregistered trading and other violations, including “conducting significant aspects

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Bitcoiners in Europe Reflect on Economic Shocks as Coronavirus Spreads

With assets from oil barrels to bitcoin being pulverized by the coronavirus slowdown, people worldwide are reevaluating their plans for crypto gatherings, especially in geographies where anti-COVID-19 measures are increasingly serious. In Milan, Italy, which was officially placed in lockdown by the Italian government on Sunday, bitcoin entrepreneur and meetup organizer

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