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The U.S. Securities and Exchange Commission (SEC) stands at a pivotal moment in its journey towards a more nuanced understanding of digital asset oversight. Engaging in early discussions with El Salvador’s National Commission of Digital Assets (CNAD) signals a willingness to break down regulatory silos that have historically stifled innovation. This strategic partnership is far
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In an ever-volatile landscape characterized by political instability and economic turmoil, the recent performance of Ethereum is nothing short of remarkable. Many have understandably expressed skepticism due to the prevailing global tensions, particularly the brewing trade war between the United States and China. However, Ethereum has shattered the $1,800 barrier, and this breakout signifies more
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In a striking move, the Alabama Securities Commission has withdrawn its legal action against Coinbase, shrinking the number of pending state-level lawsuits from ten to five. This step is significant, considering the growing backlash against crypto regulation that characterizes many state governments’ actions. Staking services offered by Coinbase have been at the center of these
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Kuwait’s recent pronouncement to outlaw Bitcoin mining under the pretext of excessive power consumption is emblematic of a broader trend where governments stifle innovation through heavy-handed regulation. The Ministry of Interior’s statement claimed that mining operations infringe upon a host of national regulations. While concerns about energy consumption and public safety are legitimate, the immediate
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