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Coinbase, one of the leading cryptocurrency exchanges, believes that the approval of a spot Bitcoin exchange-traded fund (ETF) has the potential to introduce new and “compliance-friendly” financial products. This development is expected to increase access to crypto assets for various investor classes, including registered investment advisers (RIAs), retirement funds, and institutions. The introduction of spot
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Crypto.com, a prominent cryptocurrency exchange, has recently obtained a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This license, granted to the exchange’s entity CRO DAX Middle East FZE, signifies a significant step towards offering regulated digital asset services in Dubai. However, there are still certain conditions set by
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Ethereum (ETH), the second-largest cryptocurrency in the world, has experienced a significant surge in price over the past month. This recent bullish rally in the crypto market, coupled with BlackRock’s involvement, has propelled ETH to its year-to-date high of $2,139. Market data provider Kaiko’s report highlights how ETH has outperformed BTC and several altcoins in
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In a surprising turn of events, a mysterious wallet emerged from the shadows and orchestrated a significant transfer of 17,895,970 MATIC tokens, equivalent to a staggering $14.7 million, directly into Coinbase. This unexpected crypto twist sent shockwaves through the digital landscape, causing a surge in transaction volume and propelling the MATIC price above $0.80 for
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A recent state visit by South Korean President Yoon Seok-yeol to Saudi Arabia took an unexpected turn when it was revealed that a suspected crypto fraudster had accompanied him as part of the economic delegation. This controversial presence has sparked outrage and raised questions about the selection process and the reputation of South Korea. The