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Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line. Original Source
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Laura van Geest said she won’t undercut new EU crypto laws even if that drives business from the country. Source
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ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged. Source
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The former FTX CEO faces a legal uphill battle after pleading not guilty to eight counts of criminal charges. Original Source
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The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in
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Julia Leung, deputy CEO and executive director at Hong Kong’s Securities and Futures Commission (SFC), said that the recent turmoil in crypto markets highlighted not only the volatility and structural vulnerabilities in the industry, but also how it is becoming more connected with traditional financial services. Source
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Those who come bearing warnings are rarely popular. Cassandra didn’t do herself any favors when she told her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets facing unprecedented turbulence, it’s important to take a hard look at economic realities.Analysts agree markets face serious
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ETH’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $1,700. ETH faces a
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Energy problems in North America and Europe and prevailing market conditions have spelled another bleak quarter for Bitcoin (BTC) mining operators on both continents.The latest Q3 mining report from Hashrate Index has highlighted several factors that have led to a significantly lower hash price and higher cost to produce 1 BTC.Hash
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Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Bitcoin range "congested and critical"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD firmly rangebound at around $19,000 overnight, moving only around $400 up or down.United States
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