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Bitcoin
Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized…
Bitcoin Fog Case Challenges Blockchain Analysis; Chainalysis Software Faces Scrutiny in US Court
Since his arrest in April 2021, Roman Sterlingov, the alleged operator of the crypto mixing service Bitcoin Fog, has been defending his claimed innocence for more than two years. Recent court filings indicate Sterlingov’s legal team…
SWIFT CBDC Interlinking Solution Enters Beta Testing
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported…
Bitcoin Bounce Puts Altcoin Bears at Risk
Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest…
SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and…
Paul Krugman: ‘The War on Inflation Is Pretty Much Won’ – Claims ‘Remarkable Disinflation’ Occurred
On Wednesday, Nobel Prize-winning economist Paul Krugman provided a brief analysis of the current economic landscape in the United States. Krugman asserted that the nation has experienced “remarkable disinflation.” According to him, the…
Singapore’s Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders
The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a…
Bright Horizons: Fideum Group Anchors Spot in Mastercard Lighthouse Elite Program
PRESS RELEASE. Fideum Group, an ambitious financial aggregator renowned for its commitment to enhancing both retail and institutional client experiences, announced its notable inclusion in the prestigious Mastercard Lighthouse FINITIV 2023…
The Tokenization of Assets Is Underway
Today in Crypto for Advisors, Peter Gaffney from Security Token Advisors provides an overview of the current tokenization landscape, one that’s forecasted to reach $16 Trillion by just 2030.