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Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tether’s USDt (USDT)...
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Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea. Blockchain company Consensys accidentally used a software developer linked to North Korea who had access to some of its systems for a month. First reported on...
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The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market. OKX Europe has launched a one-way conversion feature allowing customers to deposit USDT and convert it into USDC, offering a regulated migration path as the European Union’s Markets in Crypto-Assets (MiCA) rules limit support for...
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With the Senate likely voting on a crypto bill within days, Elizabeth Warren asked for information on Donald Trump’s earnings between January and July ahead of a 2027 deadline. Senator Elizabeth Warren, one of the more outspoken voices in the US Congress associating digital assets with illicit activities, has called on President Donald Trump to...
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Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as US-Iran war downside took its toll. Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war. Key points: Read more
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Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives. More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin...
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SBI Holdings received regulatory approval to acquire a majority stake in Singapore-based crypto exchange Coinhako as it expands into stablecoins, onchain finance and tokenized assets. Japanese financial services group SBI Holdings has acquired a majority stake in Holdbuild, the parent company of Singaporean crypto platform Coinhako, after receiving regulatory approval from Singapore’s central bank. The...
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Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives. More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin...
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The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first quarter of 2027. HSBC, one of the world’s largest banks, has received approval to operate in the United Kingdom’s Digital Securities Sandbox (DSS), allowing its digital assets platform, HSBC...
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The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users. A Dutch court has declared cryptocurrency platform Knaken Cryptohandel BV and its affiliated foundation bankrupt after prosecutors said 7 million euros ($8 million) in customer assets were missing. The Rotterdam court issued the...
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