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Bitcoin Price Collapse Signals Risk-Off Mood in Crypto Markets
After touching more than $126,000 in October, Bitcoin plunges below $86,000 in early December, a sobering wake-up call for investors betting on a perpetual bull run
The Drop: What Happened?
It did not go quietly. In early Asian trading on Monday December 1, Bitcoin dropped sharply. The world’s biggest cryptocurrency
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Crypto Holders Warned as UK Budget Confirms Platforms Will Track Gains
The U.K. is preparing to tighten the net around hidden crypto profits, setting the stage for a sweeping tax enforcement regime that will rely on detailed trading data collected directly from cryptocurrency exchanges.
UK Sets Start Date for Mandatory Transaction Tracking
Beginning January 1, 2026, ...
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Austrian MiCA License Lets KuCoin Offer Services Across 29 EEA Markets Excluding Malta
KuCoin’s European unit has received a Markets in Crypto-Assets Regulation license in Austria. The approval, granted to KuCoin EU Exchange GmbH, allows the company to offer regulated crypto services across 29 countries in the European Economic Area, excluding Malta.
The license requires compliance with MiCA rules, which set a single standard for crypto firms across the
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IMF Flags Volatility and Systemic Risks in Tokenized Markets Along with IOSCO
The International Monetary Fund published an explanatory video on X today examining tokenized markets, outlining potential advantages while also cautioning about risks.
Crypto tokens linked to traditional financial assets may pose new risks for investors, the global securities regulator IOSCO warned.
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Crypto Firms Move Into AI’s Data Layer — Will Brokers Follow Suit?
AI models are starting to use live financial data, kicking off a race to become their main supplier. Crypto firms are already taking the early lead.
Crypto.com’s new service sends its real-time market data straight into AI models like Claude and ChatGPT. This is the latest step in a high-stakes race to become a key data provider for the AI ecosystem.
This move also shows
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South Korea to Tighten Crypto Travel Rule Below $680, Block “High Risk” Offshore Exchanges
South Korea is preparing to expand its anti-money laundering rules for cryptocurrency transactions. The government will extend the crypto Travel Rule to cover transfers below 1 million won, or about $680.
The move follows the adoption of the Virtual Asset Users
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XTB Writes to Polish President, Demands Crypto Law That Industry Savaged
Poland’s parliament has approved a long-awaited bill to regulate the domestic cryptoasset market. However, the legislation has not yet been signed by President Karol Nawrocki. In a new open letter, XTB urged him to do so, noting an 11-month delay in implementing the new law in the country.
The legislation aims to bring Poland in
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Do Kwon Pleads for Five Years in Prison Over $40B TerraUSD Collapse: Report
Do Kwon, the co-founder of Terraform Labs, is asking a US court to limit his prison term to five years for his role in the dramatic collapse of the TerraUSD stablecoin, which wiped out $40 billion in 2022.
Kwon’s request comes ahead of his December
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How Crypto Exchange Upbit Got Robbed Again - Six Years Later, Same Date
Upbit, South Korea's dominant cryptocurrency exchange, suffered unauthorized withdrawals totaling approximately $36.9 million (54 billion won) early Thursday morning, marking the second time the platform has been breached on November 27.
The exchange detected unusual activity at 4:42 a.m. local time when Solana-linked assets moved to an unidentified wallet address. Dunamu CEO Oh
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Hedge Funds, Family Offices Access Bespoke Crypto Services with Binance Prestige
Binance has launched Binance Prestige, a service aimed at traditional finance investors entering the cryptocurrency market. The service is intended to support family offices, private funds, and other asset allocators with onboarding, fiat services, financing, and portfolio management.
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Kraken Links MiCA Approval to Early UK and EU Launch of the Krak Card
Kraken has begun a phased rollout of the Krak Card, introducing a new spending product that offers 1% cash-back rewards and supports payments using multiple asset balances. The launch is part of an expansion of features in the Krak app, including salary deposits and new options for generating returns on digital assets.
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Binance Founder Accused of Enabling Hamas-Linked Payments in U.S. Lawsuit: Report
A new federal lawsuit has accused Binance of enabling Hamas-linked payments in the years leading up to the October 7, 2023, attack in Israel, placing fresh pressure on the world’s largest crypto exchange and its founder Changpeng Zhao.
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Bitkub Weighs Hong Kong Listing Amid Mixed Gains for Retail Investors in Crypto IPOs
Thailand-based digital assets exchange Bitkub is exploring an initial public offering in Hong Kong, people familiar with the matter told Bloomberg. The exchange may aim to raise about $200 million, possibly next year, the sources said, adding that discussions are ongoing and details could still change.
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Crypto.com Adds Google Pay in UK to Boost Mobile Wallet Payments
Crypto.com has activated Google Pay support for all UK-issued Crypto.com Visa cards, giving users the ability to make tap-to-pay purchases with their Android devices across any merchant that accepts Visa or Google Pay.
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SGX’s Crypto Perpetual Futures Go Live With Marex as Day-One Clearer
The Singapore Exchange (SGX) has partnered with global financial services firm Marex to launch regulated perpetual futures for Bitcoin and Ethereum, aiming to capture a portion of the large offshore crypto derivatives market and shift some of that activity into a centrally-cleared, onshore environment.