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In 2024, Kazakhstan took a significant step in its efforts to combat illegal financial practices by intensifying its crackdown on unauthorized cryptocurrency exchanges. This direct response emerged from the rising concerns regarding the exploitation of these platforms for nefarious activities, particularly money laundering. The Financial Monitoring Agency (AFM) conducted operations against 36 unregistered exchanges, which
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Ethereum finds itself at a pivotal point as it continues to trade below last year’s peaks. Investors are keenly observing market movements, anticipating a breakout that could usher in a fresh wave of Altseason enthusiasm. Despite a relatively muted price performance, there is a burgeoning optimism surrounding Ethereum’s prospects for 2025. Historically, altcoins, including Ethereum,
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Recent disclosures by Paul Grewal, the Chief Legal Officer at Coinbase, have sparked significant concern in the cryptocurrency community regarding the Federal Deposit Insurance Corporation’s (FDIC) stance towards banking services related to cryptocurrencies. Grewal unveiled a series of unredacted communications, commonly referred to as “pause letters,” which indicate that the FDIC has advised banks to
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Semilore Faleti stands out as a noteworthy figure in the rapidly evolving landscape of cryptocurrency journalism. With a background that initially spanned various topics, Semilore found his passion within the intricate domain of blockchains and digital currencies. Unlike some writers who may merely skim the surface of their subjects, Semilore dives deeply into the complexities
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2024 was a year to forget for Ethereum, the second-largest cryptocurrency by market cap. Despite being at the forefront of blockchain technology and decentralized applications, Ethereum struggled to make headway against Bitcoin and other altcoins. Throughout the year, it remained mired in a downtrend, eroded by relentless selling pressure and a hesitance in the broader
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Crypto.com has made significant strides in the United States market by introducing stock and exchange-traded fund (ETF) trading capabilities on its platform. Announced on January 3, this initiative enables users to manage both their crypto portfolios and traditional investments seamlessly through a single application. This move reflects Crypto.com’s ambition to integrate diverse financial instruments, allowing
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