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Author: CryptoPress

Keanu Reeves: “The principles and ideas behind an independent currency are amazing”

Keanu Reeves is not just an accomplished actor but also an advocate of cryptocurrency. In a recent interview, the Hollywood star talked about how much he liked the ideas and principles behind an independent currency and how important it was to improve its ways of keeping people safe. The Value of Crypto Reeves’ interest in cryptocurrencies goes beyond their market value. He thinks that crypto is an alternative to the traditional financial...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Hacks, People in crypto

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Helium to Migrate to Solana in March, SOL Price Surges 10%

Helium, a decentralized wireless network that lets IoT devices connect to each other, has said that it will move to Solana in March. Solana is a high-performance blockchain that has been gaining popularity in the crypto community due to its fast transaction times and low fees. The announcement has caused a surge in the price of Solana, with the cryptocurrency rising by 10% following the news. Solana’s Unique Features Helium is moving...

$SOL, Altcoins, Blockchain, Cryptocurrencies, Front page, Main, News

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Hong Kong’s New Rules on Crypto Trading Platforms

The Securities and Futures Commission (SFC) of Hong Kong has announced new rules for platforms that let people trade cryptocurrencies. The SFC is soliciting feedback on whether licensed platforms should be allowed to serve retail investors and what consumer protection measures should be put in place. The plan is a response to the fact that trading in cryptocurrencies is becoming more and more popular and that the industry needs more oversight. SFC’s...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Front page, Main

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Crypto Market – February 20, 2023

Monday’s cryptocurrency market activity was mixed. Bitcoin, Ethereum, and XRP traded with losses, whereas Solana, Shiba Inu, and Cardano traded with gains. The Hong Kong SFC has proposed guidelines for cryptocurrency trading platforms. The government wants to know what people think about whether licensed platforms should serve retail investors and how to protect consumers. Hong Kong officials are increasing crypto sector oversight due...

$AVAX, $BNB, $DOGE, $SOL, $XRP, Bitcoin, Cardano, COSMOS, Crypto market, Cryptocurrencies, Ethereum, Polygon

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Tether Transfers Millions to Foreign Banks

According to Forbes, Tether moved $37 billion of its reserves to an offshore bank called Capital Union in 2021 after settling with the New York Attorney General’s office over claims it had misrepresented its finances. Tether has also asked Ansbacher, another Bahamian bank, to hold some of its reserves. The company has also been using Cantor Fitzgerald, a big New York financial services company, to hold U.S. Treasury bills. But Tether has...

$USDT, Cryptocurrencies, Front page, Main, Stablecoins

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