Category: CRYPTOCURRENCY
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Why NOW Is the Best Time to Get in on the Crypto 2024 Game
In a world where the only constant is change, cryptocurrency remains as innovative and uncharted potential. As we venture into 2024, digital currencies and blockchain technology present an array of opportunities. From the buzz around Bitcoin’s latest milestones to the intricacies of decentralized finance (DeFi), the crypto universe is a kaleidoscope of dynamic trends and…
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Lessons from Sam Bankman-Fried’s FTX Trial, How to Achieve Financial Security
The financial world watched in disbelief as FTX founder Sam Bankman-Fried, a 31-year-old billionaire, went from crypto’s golden boy to a defendant in one of the most notable financial fraud trials in recent history. The shockwaves felt across New York’s courtrooms, where federal prosecutors laid bare allegations of a Ponzi-like scheme, have stirred a global…
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Banks Go Cashless, A Sign of Wider Crypto Acceptance
In a rapidly digitizing world, traditional banking systems are finding themselves at the crossroads of evolution. Macquarie Bank’s recent announcement, intending to transition entirely to a digital-only banking system by November 2024, underscores this global shift. While this move may be seen as a nod towards progress and efficiency, it also sparks significant discussions, especially…
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PayPal Launches Dollar-backed Stablecoin, PYUSD — What Crypto Merchants Need to Know
In an ambitious stride towards harnessing the power of blockchain, PayPal, a leading name in financial services, unveiled its latest digital endeavor: a stablecoin named PayPal USD or PYUSD. This isn’t just any run-of-the-mill crypto announcement. It marks a significant milestone as PayPal becomes the first major American financial institution to launch its own stablecoin…
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The Impact of the UK’s Financial Services and Markets Act 2023 on Crypto Traders
The dawn of a new era for cryptocurrency traders in the United Kingdom has arrived with the amendment of the Financial Services and Markets Act 2023. This milestone legislation, which has received Royal Assent from King Charles, ushers in a progressive regulatory framework, defining and recognizing cryptocurrency trading as a regulated financial activity. As digital…
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