Shares of Bitcoin miners and digital asset treasury companies surged toward the end of the week, tracking a broader rally across crypto …
Crypto
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Markets
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
by shayaanby shayaanTracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid …
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Regulation
Cambodia Dismantles Crypto Laundering Network Linked to Sinaloa Cartel
by shayaanby shayaanCambodian authorities, working with the U.S. Drug Enforcement Administration (DEA), have uncovered and dismantled a cryptocurrency money-laundering network used by Mexico’s Sinaloa …
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In a notable move within the digital asset ecosystem, Circle and Tether have collectively issued $3 billion in new stablecoins over the …
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The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment. www.coindesk.com
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Analysis
Crypto Analyst Unveils Upside Price Target for Ethereum, Hints at Next Bitcoin Move
by shayaanby shayaanAn analyst known for making timely crypto calls is revealing his bullish price targets for Ethereum (ETH), including a potential move to …
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Second National Crypto Survey Finds More Brazilians Have Invested in Crypto Than in the Stock Market The second Brazilian National Crypto Survey …
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Regulation
South Korea’s Budget Office Proposes 5-Year Crypto Loss Carryforward and Higher Tax Threshold Ahead of 2025 Rollout
by shayaanby shayaanSouth Korea’s National Assembly Budget Office has recommended allowing virtual asset investors to carry forward trading losses for up to five years …
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India’s market regulator, the Securities and Exchange Board of India (SEBI), has officially barred JPMorgan Chase & Co.-owned entity Copthall Mauritius Investment …
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Regulation
Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework
by shayaanby shayaanHungary Decriminalizes Crypto Assets’ Offenses in Line With MiCA Implementation Hungary is repealing draconian-style regulations to avoid clashes with the EU-wide Markets …