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Tag: Crypto regulation

Crypto Today Inflation Watch, Ethereum’s Misstep, and India’s Crypto Leap

Crypto Today: Inflation Watch, Ethereum’s Misstep, and India’s Crypto Leap

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Inflation Figures and Potential Market Shocks The cryptocurrency market is on high alert for potential shocks as crucial inflation data is due to be unveiled this week, coinciding with the U.S. Federal Reserve’s policy meeting on September 20. The Fed might forgo a rate hike if inflation proves to be under control. Despite Bitcoin’s current sluggish performance, it remains resilient, hovering above $25,700 and drawing positivity from its 200-week...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Ethereum, News

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Antonio Juliano

Antonio Juliano: The US is not worth it

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Antonio Juliano, the founder and CEO of dYdX, a decentralized exchange for derivatives, has recently expressed his frustration with US crypto regulation and suggested that the industry should focus on other markets instead. In a series of tweets, Juliano argued that the US is “not worth it” for crypto businesses due to the lack of clarity and innovation in its regulatory framework. He said that the US is “lagging behind” other countries that...

$DYDX, Crypto regulation, DEX, People in crypto

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GBTC v SEC

Grayscale Wins Case Against SEC, Bitcoin Rallies

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Grayscale wins lawsuit against SEC Court rules in favor of Grayscale’s conversion of GBTC to an ETF Bitcoin rallies 5% on the news XDC Network’s native XDC gains 19% Grayscale Investments, a leading crypto investment firm, has won a lawsuit against the Securities and Exchange Commission (SEC) in the United States. The Washington, D.C., Circuit Court ruled in favor of Grayscale in its lawsuit challenging the SEC’s decision to disallow...

Bitcoin, Crypto regulation, ETF, Front page, GBTC, Main, News, SEC

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UK Passes Bill Recognizing Crypto as Regulated Financial Activity

UK Passes Bill Recognizing Crypto as Regulated Financial Activity

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The UK has officially passed the Financial Services and Markets Act 2023 The bill recognizes crypto as a regulated financial activity within the country The act received royal assent and was approved by King Charles on Thursday The move places the UK ahead of the US in terms of acceptance UK brings regulations to crypto The Financial Services and Markets Bill (FSMB) received Royal Assent from King Charles on Thursday. The...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, Main, News

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Jerome Powell

Jerome Powell: Crypto Appears To Have Staying Power As An Asset Class

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Federal Reserve Chair Jerome Powell recently made statements acknowledging the staying power of cryptocurrency as an asset class. During his testimony before lawmakers, Powell stated that “crypto appears to have staying power as an asset class”. He also spoke about stablecoins as a form of money, stressing the need for robust federal regulation on digital assets, including payment stablecoins. Market Reaction The cryptocurrency...

Bitcoin, Crypto regulation, Cryptocurrencies, People in crypto

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