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Europe will not ban Bitcoin

Europe has decided not to ban Bitcoin or other cryptocurrencies based on Proof-of-Work mechanisms. The European Union Parliament has rejected a proposed provision that would have limited the use of digital currencies due to their environmental impact. The proposal was part of a broader bill aimed at regulating the mining and trading of digital currencies in the EU. This is great news for crypto advocates and the blockchain industry…

Russians go to the United Arab Emirates to liquidate their Bitcoin

If there’s one lesson we can learn from Russian billionaires, it’s that there’s always a new place to shelter from winter. In the past ten days, wealthy individuals with Russian origins have moved billions of dollars worth of Bitcoin to the United Arab Emirates (UAE) in search of a safe haven, an executive at a UAE-based cryptocurrency firm has said. According to the executive, he has received numerous calls from Swiss brokers…

A new metaverse force: OVR partners with WRONG THEORY

By Juan Mende. From one metaverse platform to another, collaborations and partnerships are at the forefront of the fast-growing mainstream adoption. One of such partnerships is the recent partnership between OVR and WRONG THEORY. The two projects share common values, interests, and goals. The collaboration is aimed at revolutionizing and redefining the norm in the art and culture space in the metaverse. While talking about the partners…
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Yellen Leaks Biden Crypto Regulation Plan and Markets React

Bitcoin ($BTC) is trading around $42,000, up about 8.3 percent in the previous 24 hours.
Many people were surprised to find out that Janet Yellen, the Treasury Secretary, accidentally posted a statement that she didn’t want anyone to see. Yellen said in a statement that  “This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses”.  …
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