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Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore

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Singapur’s Zentralbank, die Währungsbehörde von Singapur (ABER), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed: “Heute’s announcement underlines our commitment to Singapore as…

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

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Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising…

Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal

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The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 Million, according to a U.S.Securities and Exchange Commission (SEK) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment…

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Billion

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A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. Verbraucherpreisindex (VPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt…

US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks

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Die USA. Department of the Treasury is seeking public input on “digital-asset-related illicit finance and national security risks.” The department warned: “The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist and proliferation…

SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina

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Die USA. Wertpapier- und Börsenkommission (SEK) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors. The securities regulator also charged crypto influencer Ian Balina for promoting crypto tokens without…

Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules

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A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the…

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

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Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across…

4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH

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20 Vor Tagen, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (Schild) Blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux,…

Russe wegen Betrugs von Käufern von Mining-Hardware festgenommen $300,000

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Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens…