The Tron founder says World Liberty failed to disclose its UAE ties until months into his lawsuit over $45 million in WLFI …
Seeks
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Regulation
Canada Seeks Public Comment on Stablecoin Rules as US Prepares to Implement GENIUS Act
by shayaanby shayaanReserve assets would also need to be held with qualified custodians incorporated in Canada, with safeguards intended to protect token holders if …
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Finance
OpenAI seeks $30B funding round at $1.25T valuation ahead of potential IPO
by shayaanby shayaanDiscussions began in September after investors approached OpenAI with proposals for additional financing. Alongside the investment, OpenAI is reportedly negotiating a commercial …
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Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court …
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Markets
BlackRock seeks to shield bitcoin investors from losses after rival fund weathers 50% crash
by shayaanby shayaanBlackRock’s proposed fund follows similar products from Calamos that helped investors avoid steep losses during bitcoin’s selloff. www.coindesk.com
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TL;DR: Binance.US is reportedly seeking up to $100 million from private investors at a proposed valuation of approximately $1 billion. The financing …
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Regulation
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
by shayaanby shayaanThe proposed guidance and standards would give crypto operators greater clarity on requirements to obtain a license, safeguard customer assets and meet …
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Blockchain.com has applied to the U.S. Commodity Futures Trading Commission (CFTC) to register as a Futures Commission Merchant (FCM) and become a …
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Scams
Blockchain.com Seeks Approval for US Prediction Markets and Crypto Derivatives
by shayaanby shayaanIn brief Blockchain.com has applied to the CFTC for two licenses—a designated contract market and a futures commission merchant—to offer event contracts …
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The amount of money the crypto media firm has been shopping itself for was not revealed. www.coindesk.com