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Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with the government of Georgia to develop Bitcoin and peer-to-peer focused infrastructure in the country. The Strategic collaboration between the stablecoin issuer and the Georgian government will focus on building key infrastructure for a thriving startup ecosystem in Georgia. The collaborative
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Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal. Source
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Despite an industry-wide state of decline, Shiba Inu (SHIB) was a notable exception over the weekend. Meme coins have recently been facing significant corrections and Shiba Inu (SHIB) is no exception. Although the corrections are reflective of the state of the general cryptocurrency market, SHIB’s loss has been quite massive, threatening
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the crypto market’s volatility continues, the total stablecoin market capitalization declined by 0.25% over the past 24 hours, with an average price change of 0.71%. The downward movement comes after the largest stablecoin by market cap,
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According to the bill, the central bank of Brazil has control over crypto firms, while the CVM handles tokens that are securities. Brazil has introduced a new law that passes regulation of crypto firms to the country’s central bank. President Luiz Inácio Lula da Silva (Lula) signed the law increasing the
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Brazilian President Luiz Inácio Lula da Silva, known to many as simply Lula, has signed legislation giving clarity to the roles the country’s central bank and securities regulator will take in regards to cryptocurrencies.In a June 14 notice, President Lula signed government decree No. 11.563, establishing rules under a December
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This multi-year partnership between the two players aims to provide immersive digital experiences and enhance fan engagement, showcasing the potential of Web3 technology in connecting people. In a recent development, Red Bull Formula One Racing team announced its multi-year partnership with Mysten Labs’ Sui Network. This comes less than a
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“Oracle Red Bull Racing was an early adopter of Blockchain technology in Formula 1," Oracle Red Bull Racing Team Principal and CEO Christian Horner said. "Partnering with Sui will elevate that experience, making access easier, more secure and engaging.” Source
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MiCA will enter into force in a few weeks after being published in the EU’s official journal, which is likely in June. Its provisions – offering crypto exchanges and wallet providers a license to operate across the 27-nation bloc, and requiring stablecoin issuers to hold appropriate reserves – will take
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Bitcoin (BTC) saw five-day highs on May 15 as a rebound continued after the Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 "still a magnet" for BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD reaching $27,666 on Bitstamp.The pair held strength on hourly timeframes after a weekly
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