January 10, 2025

Philippine Banks Collaborate for Inclusive Stablecoin Solutions

Philippine banks are coming together to establish PHPX. This coin is aimed at improving international payments and financial inclusion through the Hedera decentralized ledger technology (DLT) network. However, the release date has been set to be between May and July. Major banks like UnionBank, RCB...

#Article #NEWS #Philippine #Stablecoin

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January 10, 2025

Bitwise Post-Election Survey: 56% of Advisers Favor Crypto After Trump Win

In the wake of Donald Trump’s election victory, 56% of U.S. financial advisors are more likely to invest in cryptocurrencies, according to a recent Bitwise survey. As investors expect a crypto-friendly environment, the survey, which examined data from 430 advisers between November 14 and Dece...

#BITCOIN #Crypto #NEWS #Politics

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January 09, 2025

Bitcoin Market Experiences Sharp Correction as Fed Policy Concerns Mount

Bitcoin dropped below $93,000 on January 8, marking a significant correction from its recent peak above $102,000. The world’s largest cryptocurrency saw a $5,000 decline in a single day, primarily driven by growing uncertainty around U.S. Federal Reserve monetary policy. Market data shows tha...

#BITCOIN #CRYPTOCURRENCY #NEWS #US Fed

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December 28, 2024

Blockchain Associations Files Lawsuit Against IRS New Crypto Brokers’ Rules

New regulations aimed at digital asset transactions have been introduced by the Internal Revenue Service (IRS) of the United States. This is done to maintain tax compliance, as these rules are scheduled to go into force in 2027. It mandates that brokers disclose sales of digital assets, including u...

#Crypto Regulation #CRYPTOCURRENCY #NEWS

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December 22, 2024

Jack Mallers Reveals Trump’s Potential Plan for Bitcoin Reserve

In recent times, the idea of creating a Bitcoin reserve in the United States has gained traction, most especially in the political and legislative sense, as figures like Senator Cynthia Lummis propose an annual acquisition of BTC over five years. However, Jack Mallers, the CEO of Strike, has reveal...

#BITCOIN #Blog post #Federal Reserve #NEWS

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December 18, 2024

Bitwise Launches Solana Staking ETP in Europe Amid U.S. Challenges

Bitwise, a leading crypto asset management company, has launched BSOL, a Solana staking exchange-traded product (ETP), in Europe. With staking privileges built in, this product enables investors to profit directly from Solana’s blockchain. However, due to regulatory restrictions, similar good...

#BSOL #Crypto Investments #ETFs #NEWS #Solana

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December 02, 2024

Navigating the Cryptocurrency Wild West: Protecting Yourself from Sophisticated Scams

As the cryptocurrency landscape continues to expand, so too do the tactics employed by cybercriminals to exploit unsuspecting users. These sophisticated scams, often leveraging AI and deepfake technology, can be incredibly convincing, making it difficult for even experienced investors to discern tr...

#Crypto #NEWS #Scam

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November 27, 2024

Tornado Cash Sanctions Overturned by U.S. Appeals Court

A U.S. appeals court has reversed sanctions against Tornado Cash, a cryptocurrency mixing service, marking a historic victory for privacy campaigners. The U.S. government accused Tornado Cash of assisting money laundering for criminals, notably North Korea’s Lazarus Group, by anonymizing stol...

#NEWS #Regulation #Torn #Tornado Cash

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November 20, 2024

The Federal Bureau of Investigation (FBI) Raids the Home of Polymarket’s CEO Amid Legal Controversy

Federal law enforcement officials in the United States raided the apartment of the polymarket’s CEO, Shyne Coplan, on Wednesday. The items seized in his house include his phone and other electronic devices. Polymarket, the decentralized transaction platform, has faced scrutiny for allegedly breachi...

#DeFi #NEWS #Polymarket #Regulation

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