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bob wrote a new post
1 year ago
Active ETFs Gain Momentum as Investors Embrace Both Active and Passive Strategies
Active ETFs are gaining popularity among investors as market conditions shift towards active management. However, experts suggest that it shouldn’t be a choice between active or passive investing, but rather a c…
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1 year agoConcerns Raised Over Crypto Industry's Role in Illicit Financial Transactions
Amid the global crackdown on financial crimes and terrorism funding, the US government has expressed concerns about certain companies in the crypto asset industry. The government believes that these entities are…
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1 year agoGemini Sues Genesis Over $1.6B Worth of Grayscale Bitcoin Trust Shares in Collateral Dispute
Gemini Trust Co. has filed a lawsuit against Genesis Global Capital, seeking to recover $1.6 billion in collateral for Gemini customers. The lawsuit alleges that Genesis improperly withheld collateral that was…
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1 year agoFederal Reserve and Bank of England Discuss Central Bank Digital Currencies and Stablecoin Regulation
The Federal Reserve Board is actively researching a central bank digital currency (CBDC) and related technologies, according to Vice Chair Michael Barr. The focus of their research is on the system architecture,…
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1 year agoUS Deputy Treasury Secretary Warns Crypto Companies to Address Illicit Finance Concerns
The U.S. Deputy Treasury Secretary, Wally Adeyemo, has warned digital asset companies about the need to prevent illicit financial flows. Speaking at London’s Royal United Services Institute, Adeyemo highlighted t…
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1 year agoUK Approves Economic Crime Bill to Combat Illicit Cryptocurrency Activities
A new bill aimed at combating economic crime in the UK is making its way through the legislative process. The Economic Crime and Corporate Transparency Bill has been approved by UK lawmakers and is expected to have…
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1 year agoSpotify Reports Profit in Q3 with Increased User Numbers and Higher Prices
Music streaming service Spotify has announced a profitable third quarter in 2023, attributing its success to a surge in user numbers and a price increase. The company reported a profit of 65 million euros, a…
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1 year agoSEBI Cracks Down on Financial Influencers Operating Without Proper Credentials
The Securities and Exchange Board of India (SEBI) has taken action against social media influencers who provide financial advice without the necessary knowledge or experience. In a significant move, SEBI recently…
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1 year agodYdX Launches Layer 1 Blockchain with Native DYDX Tokens and USD Coin Distribution
Decentralized cryptocurrency exchange dYdX has launched its own layer 1 blockchain, called dYdX Chain, with the creation of its genesis block. The blockchain operates using native DYDX tokens and is built on…
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1 year agoZodia Markets Secures VASP Registration in Ireland, Expands European Presence
Zodia Markets, a digital asset exchange backed by Standard Chartered, has obtained registration as a Virtual Asset Service Provider (VASP) in Ireland. This approval was granted by the Central Bank of Ireland (CBI),…
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1 year agoElon Musk's X Aims to Transform into All-in-One Financial Platform
Elon Musk’s venture, X, formerly known as Twitter, has set its sights on becoming a central financial hub. Musk envisions X as a comprehensive platform that covers all aspects of users’ financial lives, from mon…
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1 year agoZodia Markets Secures VASP Registration in Ireland, Expands European Presence
Zodia Markets, a digital asset exchange backed by Standard Chartered, has obtained registration as a Virtual Asset Service Provider (VASP) in Ireland. This approval was granted by the Central Bank of Ireland (CBI),…
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1 year agoTrezor Investigates Phishing Campaign Targeting Cryptocurrency Hardware Wallet Users
Trezor, a provider of cryptocurrency hardware wallets, is currently investigating a phishing campaign after users reported receiving phishing emails. The campaign was brought to light by an anonymous blockchain…
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1 year agoImportant Date Revealed in SEC vs. Ripple Legal Battle
Amidst the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple, a pro-XRP legal expert, James K. Filan, has revealed an important date that will determine the next…
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1 year agoTaiwan Introduces Virtual Asset Management Bill to Enhance Customer Protection and Industry Oversight
Taiwanese legislators have introduced the Virtual Asset Management Bill to the Legislative Yuan, aiming to provide better protection and supervision for customers in the virtual asset industry. The bill proposes…
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1 year agoDeutsche Bank and Standard Chartered Collaborate on Stablecoin Swap Using Blockchain Technology
Deutsche Bank and Standard Chartered recently conducted a significant exchange of dollars for euros using stablecoins and blockchain technology. This departure from the trend of decentralization highlights a move…
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1 year agoCBDCs Struggle for Widespread Acceptance Without Private-Sector Collaboration
The global push for central bank digital currencies (CBDCs) is facing a significant challenge: the need for collaboration with the private sector to ensure widespread acceptance. CBDCs have emerged as a potential…
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1 year agoBitcoin Hits All-Time Highs Against Inflationary Currencies
The price of Bitcoin has reached new all-time highs against several inflationary fiat currencies. Over a span of 30 hours, Bitcoin’s value surged against the Argentine peso, Nigerian naira, Turkish lira, Laotian k…
