The source did not disclose the financial terms of the deal.
Crypto
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Crypto
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Despite their reluctance, Coinbase and Binance might be compelled to shift their focus towards other endeavors.
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The company is already confronted with a lawsuit filed by the Commodity Futures Trading Commission.
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In her statement, Kristin Smith, the CEO of the trade group, emphasized the importance of regulatory actions focusing on bad actors rather than penalizing the crypto mixing tool.
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The draft legislation put forth by prominent committee chairs stands as the most consequential proposal of the year, outlining potential measures for the federal government to establish safeguards within the digital assets industry.
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Chainalysis and Elliptic have discovered that cryptocurrencies serve criminal purposes, but this alone is insufficient to justify its prohibition.
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The Swiss non-profit organization is responsible for managing both the Anoma blockchain architecture and the layer 1 blockchain called Namada.
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The startup provides enterprise clients like Macy's and Mattel with a secure non-custodial wallet infrastructure.
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In November, Temasek recorded a complete write-down of its investment in FTX.
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The crypto debates have become progressively more polarized and politicized, exemplified by a recent CoinDesk article highlighting a contentious mining facility in New York.
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