Binance Presidential Approval Develop Crypto Marketplace Kazakhstan

Crypto exchange Binance has won presidential approval to develop a virtual asset marketplace in Kazakhstan. The news comes after Binance heads signed a memorandum of understanding (MOA) with the Financial Monitoring Agency of the Republic of Kazakhstan. Binance CEO Changpeng Zhao (CZ) took to Twitter on Monday to announce the signing...

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Institutions Are Buying Bitcoin Despite Extreme Fear in Crypto Market

Despite retail reluctance, major institutional investors, like the New York Digital Currency Group (NYDIG), are still betting on bitcoin. NYDIG, one of the companies responsible for financing crypto miners during the 2021 bull run, recently raised $720 million from 59 investors for a product called the Institutional Bitcoin Fund. The company...

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Russia Warms To Crypto In Quick About-Face

Russia changes its stance on cryptoGetty Images Just a few months ago, Kremlin bureaucrats were as cold to the idea of cryptocurrencies as winter in Siberia. Then came the invasion of Ukraine and sanctions by a large swath of countries that crippled Russian access to the world banking system. All of...

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Biden Administration Asks Congress for Clearer Crypto Regulation

The Biden administration urges Congress to take quick decisions regarding framing a clear cryptocurrency regulatory framework. Global nations are showing visible signs of crypto adoption. Even though several countries are not so welcoming, investors are keenly into crypto. This applies to several nations where the country is confused about its stance...

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Top US regulators say crypto poses financial stability risks

WASHINGTON (AP) — Top regulators on Monday recommended a series of new safeguards to ensure that a growing and unregulated cryptocurrency market doesn’t imperil U.S. financial stability.Among seven major recommendations, regulators called on Congress to pass legislation that would address the systemic risks caused by the growth of stablecoins, which...

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Kim Kardashian pays $1.26m fine for paid crypto ad, SEC says

WASHINGTON (Reuters) -- Kim Kardashian has promoted everything from appetite-suppressing lollipops to melon-flavored liqueur to toilet paper, but it was her foray into the murky world of cryptocurrencies that got her into hot water.The reality television star and influencer has agreed to settle charges of unlawfully touting a crypto security...

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If you bought EMAX crypto tokens when Kim Kardashian promoted them on Instagram, you’d have lost over 95% of your money by now

Ethereum max has lost 95% of its value since June 2021, when Kim Kardashian promoted it.Investing in tokens like EMAX is risky because the value can plummet, experts have told Insider.She'll pay a fine for failing to disclose how much she was paid to promote EMAX, the SEC said.If you'd...

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