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  1. HTX, a Singapore-based cryptocurrency exchange, has announced the appointment of Hassan Sunny, the national football team goalkeeper, as its new Chief Safeguarding Officer (CSO).

    Although the move is promoted to bolster the exchange's commitment to ensuring

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  2. National Australia Bank’s venture capital arm, NAB Ventures, has invested in Zodia Custody, a move that highlights the growing acceptance of cryptocurrency solutions in the traditional banking framework.

    Zodia Custody's Australian Expansion

    Zodia Custody, a platform known for its institution-grade cryptocurrency and digital asset storage, established its operations in Australia in

    ...
  3. A Nigerian court has dismissed a fundamental rights enforcement lawsuit filed by Nadeem Anjarwalla, Binance's executive, the local media publication Vanguard reported. This turn of events occurred following Anjarwalla’s escape from lawful custody to Kenya. The case involves claims against the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC).

    Tax

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  4. DXtrade has partnered with Sage Capital Management to offer brokers crypto liquidity. This collaboration aims to provide brokers and their clients with better trading conditions and efficient settlements. This partnership seeks to offer brokers services that enhance their trading operations.

    Enhanced Crypto Liquidity

    Sage Capital Management provides institutional-grade crypto

    ...
  5. The Securities and Exchange Commission (SEC) is closing its investigation into Ethereum, the second-largest cryptocurrency by market capitalisation, as a security, Consensys confirmed today (Wednesday).

    Ethereum Is Not a Security

    “The Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0,” the tweet by the company stated, adding:

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  6. Ripple Labs is leveraging the recent settlement of the Securities and Exchange Commission (SEC) with Terraform Labs to lower the proposed nearly $2 billion penalty against it to $10 million, a “notice of supplemental authority” posted yesterday (Thursday) revealed.

    A Push to Lower the Settlement Amount

    The blockchain company has argued that the ...

  7. The Banco Central do Brasil (BCB) has thrown its hat into the digital ring, chasing a dream that many central banks worldwide are flirting with. They’re in bed with tech giants and payment moguls, dancing on the edge of the future. But, like a late-night samba that turns into a full-blown carnaval, things are never as straightforward as they seem.

    Brazil's foray into the digital

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  8. The cryptocurrency exchange Bybit has integrated Apple Pay with its Bybit Card. This new feature promises a blend of security, convenience, and better pricing for users purchasing cryptocurrencies through the Bybit app or website.

    Access to 20+ Fiat Currencies

    According to the press release, this latest offering enables Bybit's users to access over 20 fiat currencies to purchase

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  9. The recent surge in central bank digital currency initiatives worldwide marks a pivotal moment in the evolution of global finance. The 2023 BIS survey on CBDCs and crypto reveals a landscape where 94% of surveyed central banks are actively exploring the potential of CBDCs. This movement is not just a technical endeavor but a profound

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  10. The Australian Securities and Investments Commission (ASIC) has filed an appeal against a federal court ruling that absolved cryptocurrency provider Block Earner of paying a penalty for offering unlicensed financial services related to its digital assets product.

    ASIC Appeals Court Decision Relieving Block Earner of Penalty in

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  11. Blockchain technology is poised to reshape the financial world, and Ripple is at the forefront of this transformation, with its XRP Ledger pushing the boundaries of what’s possible. Amid the vibrant energy of the XRP Ledger Apex 2024, an exclusive interview with Markus Infanger, VP of Product at Ripple, shed light on the company’s pioneering

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  12. Today (Friday), Nigeria dropped tax evasion charges against two Binance executives following the appointment of a local representative by the crypto exchange to handle legal proceedings.

    Tigran Gambaryan, a US citizen and Head of Financial Crimes ...

  13. North Dakota’s financial market regulator has become the latest to revoke the money transmitter license of Binance.US, operated by BAM Trading Services. It has become the seventh US state to do so, as Alaska, Florida, Maine, North Carolina, and Oregon already took similar actions earlier.

    Binance.US Losing US State Licenses

    The order issued on 4 June 2024 highlighted that

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  14. Bybit, the second largest crypto exchange by spot volumes, announced on Wednesday that it has achieved a major milestone of 30 million registered users worldwide. The company also unveiled Copy Trading Pro, a new platform that enables investors to mirror the strategies of more experienced traders to potentially earn passive income with more consistent returns.

    Bybit Surpasses 30

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  15. Trading 212, a popular brand offering cash equities and contracts for differences (CFDs), has secured a crypto asset service provider (CASP) license from the regulator in Cyprus.

    A License to Offer Crypto in Europe

    According to the registry of the Cyprus Securities and Exchange Commission (CySEC), the CASP license was awarded to a local entity named Trading 212 Crypto Ltd on 20

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