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US Fed chair hints at two more rate hikes while crypto suffers volatility

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June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Federal Reserve (Fed) chair Jerome Powell hinted at two more rate hikes expected to come this year. According to CNBC, the statement came after the Federal Open...

Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients

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June 15, 2023

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The Hong Kong Monetary Authority urges prominent banks to engage with crypto exchanges to stimulate the digital assets industry. The Hong Kong Monetary Authority (HKMA) is urging key banks, including HSBC and Standard Chartered, to onboard cryptocurrency exchanges as clients to establish the...

Brazil authorizes its central bank to regulate crypto

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June 14, 2023

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Brazilian President Luiz Inácio Lula da Silva has signed a new law empowering the country’s central bank to regulate and supervise cryptocurrency firms while ensuring that tokens that qualify as securities remain under the authority of the securities regulator. This development is in...

Is The BNB and Polkadot Hype is Over InQubeta04

Crypto industry body slams banking restrictions in Australia

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June 14, 2023

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Amidst recent limitations imposed by Australian banks on cryptocurrency payments, key players within the blockchain industry are mobilizing to resist these constraints. Blockchain Australia, an industry organization, has voiced its opposition to the restrictions and expressed its determination to address the issue proactively...

Bankrupt crypto exchange Bittrex to enable withdrawals

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June 14, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US division of cryptocurrency exchange Bittrex is planning to begin client withdrawals on June 15 after a ruling by a Delaware bankruptcy court. After declaring bankruptcy in May,...

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Sygnum Singapore gets approval to offer crypto services

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June 13, 2023

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Sygnum Singapore has successfully secured in-principle approval of its Major Payment Institution License (MPIL) application from the Monetary Authority of Singapore (MAS). The license enables the bank to offer its clients regulated crypto brokerage services. Sygnum Singapore, the Southeast Asian arm of Switzerland’s...

Crypto market recovers as SEC lawsuits’ heat falls

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June 13, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Securities and Exchange Commission (SEC) took legal action against the crypto industry over the past week. However, data shows that the heat around the SEC lawsuits has...

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why it is crucial for crypto

0xMain
June 13, 2023

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While the SEC states its mission is to protect investors, there are questions about its methods and motives. This piece unravels the SEC’s structure, balance sheet, and notable interactions with cryptocurrency entities, providing an insightful and comprehensive look at a complex issue. Disclosure:...

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Blockstream CEO Adam Back responds to US crypto pressure

0xMain
June 12, 2023

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Amid the mounting regulatory pressures on cryptocurrency exchanges, Blockstream CEO Adam Back highlights the inherent resilience and adaptability of the crypto industry, insisting that it will continually find ways to navigate and thrive despite these challenges. Adam Back, the CEO of Blockstream, shared...

Regulatory hurdles and market volatility worry crypto investors

0xMain
June 12, 2023

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In a recent video by Crypto Banter, notable crypto investor Ian Balina expressed apprehension about the future of cryptocurrency in the US, with the recent regulatory pressures considered a major concern. Balina, along with other key players in the industry, see this development...