Category: cryptocurrencies

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Japan to allow startups to raise funds by issuing crypto instead of stocks: Report

According to local media, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships. The Japanese government reportedly plans to permit startups to raise public funds through the issuance of crypto assets, such as currencies, instead of stocks, local media has reported.  According to Japanese financial news site…
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XRP lawyer John Deaton joins LBRY case as amicus curiae

Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions. Lawyer John Deaton, who represents numerous XRP token holders in the Ripple- Securities Exchange Commission (SEC) lawsuit, has formally submitted his notice of appearance as an Amicus Curiae in the LBRY lawsuit.  According to a document submitted…
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Hong Kong retains top crypto-ready position for two consecutive years

While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25. Hong Kong was crowned the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023,…
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Is It Too Late to Buy Aptos? APT Price Rallies 5% and AI Crypto Signals Platform yPredict Secures $3.85 Million

The Layer 1 blockchain protocol Aptos, founded by former Facebook employees, is preparing to release 20 million APT tokens in November according to data compiled by TokenUnlocks. With APT currently trading around $5.15, the token unlock is estimated to be worth over $103 million…. Read More: Is It Too Late to Buy Aptos? APT Price…
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Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains how and why

This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving. In the latest episode of Cointelegraph’s Market Talks, host Ray Salmond speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence.  When asked whether Bitcoin’s (BTC) pre- and post-halving price…
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Wyoming stablecoin: Are state digital currencies even possible?

The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming. In July, the American state of Wyoming shared an open job position for the head of its Stable Token Commission.  The executive will work alongside Wyoming’s governor, state auditor, state treasurer and four expert appointees to bring the state’s very own…
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Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US

Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity and Blackrock. Franklin Templeton Files for Spot Bitcoin ETF With U.S. SEC California-based…
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OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering

Karl Greenwood will also have to pay back the $300 million he made in commissions in the OneCoin pyramid scheme. Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced in the United States to 20 years in prison and ordered to pay $300 million on Sept. 20. Ignatova remains at large. Greenwood, who is a…
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NYU law professors argue ‘personal growth bets’ using smart contracts should be legal

The duo’s paper says self-contracts can help a user quit smoking or lose weight, but incentives such as putting a bomb in one’s own skull would surely test the limits of the law. New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies…
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PayPal enables US users to sell cryptocurrency via MetaMask wallet

PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin. Global payment giant PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin (BTC). PayPal on Sept. 11 officially introduced new on and off ramps for Web3 payments, allowing users in the United States to…
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