Crypto
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Binance prepares for MiCA rules, updates stablecoin strategy
Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy. Source link
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Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121. Source link
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Qatar Central Bank launches first phase of CBDC project
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy. Source link
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Why is Notcoin up 300% over the past week?
Notcoin became the fifth most-traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action. Source link
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Hong Kong crypto exchange license applications cost less than expected: Report
All unlicensed crypto exchanges have been kicked out of Hong Kong. Source link
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Binance co-founder denies responsibility for $1M trading loss in hacked account
The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information. Source link
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Why Bitcoin may be boosted by a European Central Bank rate cut
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone. Source link
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MicroStrategy and Michael Saylor settle tax case for $40M
In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia. Source link
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Dubai financial regulator updates crypto token rules for funds
The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens. Source link
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Hackers exploit Chrome plugin to steal millions from Binance accounts
The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim’s Binance account. Source link
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