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US Senators Elizabeth Warren and Bill Cassidy have recently called for stringent measures to combat the use of cryptocurrency in the illegal trade of child sexual abuse material (CSAM). In a bipartisan letter addressed to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas, the senators highlighted the pseudonymity of cryptocurrencies as a
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In recent news, the TON Foundation, a non-profit organization dedicated to promoting and developing the Ton blockchain, has announced an exciting airdrop opportunity for active NFT traders and holders. This airdrop will distribute 105,600 TON tokens, valued at approximately $600K, to eligible participants on popular Ton NFT marketplaces. Let’s delve deeper into this opportunity and
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The recent data revealed by analytics platform IntoTheBlock has shed light on a concerning trend within the Cardano (ADA) network. The statistics indicate a significant dip in ‘profitability’ for ADA holders, with only 35% of them currently seeing gains. This stands in stark contrast to cryptocurrencies like Bitcoin and TRX, which show a much higher
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Financial expert and Bitcoin critic, Peter Schiff, recently issued a warning to investors about the potential repercussions of Bitcoin dropping below critical support levels. In a social media post, Schiff highlighted Bitcoin’s price at $63,814, emphasizing the importance of the cryptocurrency maintaining support above $60,000. He predicted a substantial price decline if Bitcoin failed to
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In the last 24 hours, Ethereum (ETH) has faced a significant 5% price drop, reflecting growing concerns about the potential rejection of Ethereum ETFs by the US Securities and Exchange Commission (SEC). According to reports, there have been discouraging meetings between various Bitcoin ETF issuers and the SEC, leading to expectations of denied applications for
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The recent approval of new Anti-Money Laundering Regulations by the European Parliament has significant implications for Crypto Asset Service Providers (CASP) operating in Europe. These regulations mandate the implementation of stringent Know Your Customer (KYC) procedures to combat money laundering within the crypto industry. CASPs, including banks, asset managers, and real estate agents, are now
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Changpeng ‘CZ’ Zhao, the co-founder and former CEO of Binance, recently submitted a letter of apology to the court. In this letter, he expressed regret for his poor decisions and accepted full responsibility for his actions. Zhao acknowledged that he should have implemented compliance changes at Binance much earlier in his tenure, although he did
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