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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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Blackrock

The Untold Story of BlackRock and Bitcoin

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In a recent Twitter thread by the popular technology and cryptocurrency influencer and popular communicator @Techconcatalina, it was revealed that BlackRock and other major banks have been quietly buying Bitcoin even before an ETF was available. While the SEC was busy accusing Binance and Coinbase, these banks were increasing their exposure to cryptocurrency. 🔸 El sexto banco más grande de Canadá 🇨🇦 COMPRO más de medio millón de...

Bitcoin, Front page, Main, News

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Blackrock

BlackRock Files for Spot Bitcoin ETF, a First for the U.S.

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BlackRock files for spot Bitcoin ETF Coinbase tapped as custodian If approved, it would be the first publicly traded crypto product of its kind in the U.S. BlackRock Files for Spot Bitcoin ETF Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund (ETF), which has long been a point of contention between crypto advocates and federal regulators. The firm filed an application...

Bitcoin, ETF, Front page, Main, News

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Arbitrum Onboards Norway’s Digital Krone

Arbitrum Onboards Norway’s Digital Krone

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In Brief: Arbitrum, the leading Layer 2 scaling solution for Ethereum, is making major strides toward expanding its ecosystem. Symfoni Solutions announced the launch of a bridge between Norway’s central bank digital currency (CBDC) and BRØK. The Arbitrum-based NOK token is programmable.  Circle launched native support for USDC on Arbitrum. Arbitrum, the leading Layer 2 scaling solution for Ethereum, is making major strides...

Front page, Main, News

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Major Altcoins Fall 20% After SEC Lawsuit

Major altcoins fall by 20% after SEC lawsuit

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In Brief: Tokens of major blockchain networks slid more than 20% in the past 24 hours. The slide is likely due to a risk-off event that followed the SEC’s lawsuit against Binance and Coinbase. Solana (SOL), polygon (MATIC), and Cardano (ADA) fell as much as 25% within hours. Bitcoin has managed to hold up relatively well due to its dominance in the crypto market. Some speculate that a major crypto fund may have sold its...

Altcoins, Bitcoin, Crypto regulation, Front page, Main, News

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