Category: Regulation
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Will Bitcoin Reach $1 Million Under a Trump Administration?
Bitcoin, the world’s first and most well-known cryptocurrency, has captivated the financial world since its launch in 2009. Originally a niche investment, Bitcoin’s decentralized, peer-to-peer nature and its potential as…
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Polymarket CEO Refutes New York Times, Calls Prediction Platform a “Non-Partisan” Market Alternative
**Polymarket CEO Refutes New York Times, Calls Prediction Platform a “Non-Partisan” Market Alternative** Shayne Coplan, CEO of the decentralized prediction platform Polymarket, recently responded to a New York Times article…
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Coinbase Seeks Interlocutory Appeal in SEC Lawsuit Following Ripple Case Developments
In the latest twist in the legal battle between Coinbase and the U.S. Securities and Exchange Commission (SEC), the cryptocurrency exchange has requested that the presiding judge approve its interlocutory…
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California Man Ordered to Pay $36 Million for Cryptocurrency and Forex Fraud
William Koo Ichioka, 30, has been ordered to pay $36 million in fines and restitution after being found guilty of defrauding investors in a cryptocurrency and forex scheme, according to…
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SEC Delays Decision on BlackRock and Fidelity’s Spot Ethereum ETF Proposals
The Securities and Exchange Commission (SEC) has once again postponed its decision regarding the approval of a spot Ethereum exchange-traded fund (ETF) proposed by BlackRock, as detailed in a recent filing.
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Prosecutors Aim to Ground Binance Founder: All Passports Sought
The United States Attorney’s Office has proposed stricter bail conditions for Changpeng “CZ” Zhao, the former CEO of cryptocurrency exchange Binance, as he awaits his sentencing. The request, filed on…
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Judge Accepts $4.3 Billion Penalty in Binance Money Laundering Case
A U.S. court has sanctioned a monumental penalty exceeding $4.3 billion against Binance, the world’s premier cryptocurrency exchange, for breaches of anti-money laundering and sanctions laws. The ruling, emanating from…
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Hong Kong Regulator Sets Deadline for Crypto Trading Platforms License Applications
Hong Kong’s Securities and Futures Commission (SFC) has issued a stern reminder to crypto trading platforms about the upcoming deadline for submitting their license applications. In a recent notice, the…
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