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Latest Results from /crypto

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US Justice Department uncovers $1.89 billion cryptocurrency fraud scheme

The Justice Department has charged two individuals and accepted the guilty plea of a third for orchestrating a massive $1.89 billion cryptocurrency fraud scheme.

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PayPal uses stablecoin to invest in Mesh

PayPal has used its own stablecoin to invest around $5 million in Mesh, an embedded finance startup for crypto payments.

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US falling behind peers on CBDC progress, warns think tank

The United States' slow progress on central bank digital currencies is seeing it fall behind the likes of China, India and the European Union on the future of money, warns think tank The Atlantic Council.

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Could CBDCs help prevent fraud?

Mandatory reimbursement for victims of authorised push payment (APP) scams came into full effect under the Payments System Regulator (PSR) at the end of last year.

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Digital pound consultation: User privacy and access to cash key concerns

The UK Government has vowed to pass primary legislation guaranteeing user privacy in the event of a future digital pound.

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Sygnum defies Crypto Winter and grows valuation on $40 million fund raise

Swiss digital asset bank Sygnum has raised $40 million in an over-subscribed growth financing round.

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BIS and Bank of England seek advisors for financial crime project

The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.

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Julius Baer, Euroclear and DIFC to address challenges around crypto inheritance

The DIFC Innovation Hub, Julius Baer and Euroclear are collaborating on a three-month tech sprint to develop services for digital assets inheritance and estate planning.

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Trump promises to block CBDC

Donald Trump has vowed to prevent the creation of a central bank digital currency if he wins the US presidential election, calling a digital dollar a "dangerous threat to freedom".

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USDC issuer Circle files for IPO

Circle Internet Financial, the issuer of the USDC stablecoin, has filed with the Securities and Exchange Commission for an initial public offering (IPO).

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Opinions split over SEC approval of bitcoin spot ETFs

In a landmark judgement, the US Securities and Exchange Commission has approved 11 bitcoin spot ETFs paving the way for mass adoption of digital assets.

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SEC X account hacked and used to send bogus bitcoin news

The US Securites and Exchange Commission has confirmeed that its X account was hacked and used to post spurious approval for the listing and trading of spot Bitcoin exchange-traded products.