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Government Shutdown Slows Crypto Innovation at the Worst Possible Time The looming U.S. government shutdown poses a grave threat to the progress of cryptocurrency regulation and adoption. With the House and Senate at an impasse over budget negotiations, a shutdown starting October 1st seems imminent. This could not come
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The times they are a-changin' for crypto investors in the UK. In a seismic shift that is sending shockwaves through the digital asset space, JPMorgan's British subsidiary Chase Bank has dropped a bombshell by blocking all UK customers from purchasing crypto assets with their debit cards or
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After a rough 2022 for the cryptocurrency market, Cardano has shown signs of life in recent days. The price of ADA, Cardano's native token, has increased 2.3% over the past 24 hours to $0.25. This price surge comes despite an overall bearish sentiment in the crypto
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XRP, the native token of the XRP Ledger created by Ripple, saw a slight 0.50% price increase over the last hour to $0.5055 according to the data. This comes after a mostly flat day for XRP, with a 0.88% gain over the past 24 hours. However, zooming
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Binance Coin (BNB) saw a moderate 1.16% price increase over the past 24 hours to $215.24, up from $212.75 yesterday. With a market capitalization of $35.95 billion, BNB remains one of the top cryptocurrencies by market cap. Let's take a closer look at some
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Ethereum, the second-largest cryptocurrency by market capitalization, saw its price increase by 2.29% over the past 24 hours to $1,628.81 according to the data provided. This price surge comes after a mostly sideways trading period over the past month for Ethereum, with its price fluctuating between $1,
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In a rare bullish sign for the struggling Indian crypto industry, investment platform Mudrex has successfully registered to operate in Italy and started the approval process in the UK, CEO Edul Patel revealed in an exclusive interview. This international expansion defies the global crypto winter and makes Mudrex one of
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In a move that is being hailed by some as a step toward regulatory clarity yet criticized by others as overly restrictive, Coinbase has successfully registered with the Bank of Spain to provide cryptocurrency exchange and custody services in the country. The registration, announced Monday, September 25, requires the major
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Despite Falling Prices, On-Chain Data Reveals Growing Adoption NEW YORK - Bitcoin is exhibiting historic strength in key on-chain metrics even as prices remain depressed, according to new analysis. The dichotomy suggests growing network adoption amid the ongoing crypto bear market. Jamie Coutts, a crypto analyst at Bloomberg Intelligence, highlighted
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Is it right to keep money sent to you by mistake? That is the ethical question facing an Australian man who stands accused of theft after going on a multi-million dollar spending spree with funds erroneously deposited in his cryptocurrency account. Jatinder Singh of Melbourne, Australia is set to appear
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Decentralized finance projects face a critical question of how to steward resources during the crypto winter to be ready when the market turns around. The answer may lie in an unusual place: U.S. government debt. Tapping into yields from U.S. Treasurys will be vital for keeping crypto'
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Binance, one of the world's largest cryptocurrency exchanges, has reopened its services to users in Belgium just three months after regulators ordered the platform to cease operations in the country. This surprising reversal comes as welcome news to Belgian crypto enthusiasts who faced limited trading options since the
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In a historic move that promises to rock the crypto world to its core, Taiwan's financial watchdog on Tuesday finally published guiding principles for crypto issuers and firms, taking a bold first step towards regulating the wild west of digital assets. This monumental crypto guidance surfaces like an
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The finance industry is quietly adopting blockchain technology, drawn to its potential benefits despite regulatory uncertainty in the crypto space. But how will increasing blockchain integration impact crypto adoption? The crypto industry has faced crises recently, hurting trust in decentralized finance. Meanwhile, regulators worldwide have ramped up enforcement actions against
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The cryptocurrency asset management industry is on the cusp of explosive growth, with assets under management potentially reaching $650 billion within five years, according to a new report by brokerage firm Bernstein. This staggering figure would represent a 13-fold increase from the current $50 billion in crypto assets professionally managed
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Chase Bank has dropped a bombshell on the cryptocurrency industry, announcing in an email to customers that it will ban all crypto-related payments starting October 16th. This drastic move escalates the brewing tension between traditional finance and digital assets. But what are the implications of such a divisive policy? This