Wednesday, February 28, 2024
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Philippines Security Regulator Warns Binance Is Operating Without a License

“Those who act as salesmen, brokers, dealers or agents, representatives, promoters, recruiters, influencers, endorsers, and enablers of Binance in selling or convincing people to invest in its platform within the Philippines, even through online means, may be held criminally liable under Section 28 of the Securities Regulation Code," it said

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Coinbase warns customers about subpoena in apparent CFTC Bybit probe

Coinbase is warning that it has received a subpoena from the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who have posted copies of the message. The CFTC is seeking information about the Bybit cryptocurrency exchange.Recipients have speculated that any Coinbase customer who also used

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EU tech coalition warns of over-regulating AI before EU AI Act finalization

A group of businesses and tech companies have issued a joint letter to European Union regulators warning against over-policing powerful artificial intelligence (AI) systems at the expense of innovation. The letter, which was sent on Nov. 23 and undersigned by 33 companies working in the EU, stresses that too-stringent regulations for foundation

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Bitcoin open interest passes $15B as analyst warns of 20% BTC price dip

Bitcoin (BTC) fell toward $34,500 on Nov. 7 as analysts’ attention turned to mushrooming open interest.BTC/USD 1-hour chart. Source: TradingViewOpen interest "surge" spooks Bitcoin punditsData from Cointelegraph Markets Pro and TradingView showed BTC price trajectory struggling to reclaim $35,000 as support.The largest cryptocurrency lacked clear direction into the Wall Street

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