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Nalezeno "Reuters": 221

Montenegro Court Officially Revokes Extradition Approval For Do Kwon

19.12.2023
Source: Reuters The Appellate Court of Montenegro has accepted an appeal by Do Kwon’s attorneys – revoking the High Court’s decision to extradite the Terraform Labs’ founder to either South Korea or the USA. Therefore, the Appellate Court has annulled the decision of...

Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?

11.12.2023
Source: Pixabay Banking giant Goldman Sachs projects two interest rate cuts in the United States by the Federal Reserve in 2024 with the first to be announced in the third quarter. A recent Reuters report states Goldman Sachs sees two rate hikes next year citing cooling inflation after...

Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters

11.12.2023
The Fed's benchmark interest-rate range is currently 5.25% to 5.5%

Binance Withdraws Bid for Abu Dhabi License: Reuters

8.12.2023
Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S

Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs

8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...

SEC, Spot Bitcoin ETF Issuer Talks have “Advanced to Key Details:” Report

7.12.2023
Discussions between the U.S. Securities and Exchange Commission (SEC) and hopeful spot Bitcoin ETF issuers have progressed to “key details,” according to a new report citing industry executives. “Mark your calendars people” Reuters reported the encouraging news on Thursday morning...

Cryptocurrency Industry Spends Record $18.96 Million in Federal Lobbying So Far in 2023

5.12.2023
Source: AdobeStock The cryptocurrency industry has spent a staggering $18.96 million in federal lobbying in the first three quarters of 2023. The figure surpasses the $16.1 million spent during the same period in 2022, Reuters reported, citing data from nonprofit research group OpenSecrets. ...

Brazil’s Largest Lender Itau Unibanco Brings Bitcoin Trading Service to Clients

4.12.2023
Source: iStock Itaú Unibanco, Brazil’s largest private bank, has entered the crypto space with new trading service, per a Reuters report. The lender would first launch Bitcoin (BTC) and Ether (ETH) trading for clients of its investment platform. The bank’s crypto division head Guto Antunes...

Celsius Network’s Bitcoin Mining Pivot Faces Hurdles, Judge Suggests New Vote

1.12.2023
Source: Adobe Celsius’ Bitcoin (BTC) mining plans face obstacles as a United States judge hints at a possible new vote to clear deviations. According to a Reuters report on Nov 30, Celsius may require another creditor vote to change its business operations from a mining and staking enterprise...

Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report

27.11.2023
Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday. Tron’s popularity is on the rise “Earlier it was Bitcoin and now our data shows that these terrorist organizations increasingly favor Tron,” said Mriganka Pattnaik, CEO...

Hamas, Hezbollah Now Prefer Tron to Bitcoin: Reuters

27.11.2023
Almost two-thirds of Israel's Tron seizures were in 2023, including 39 from wallets Israel said in June were owned by Lebanon's Hezbollah and 26 in July from Hamas ally Palestinian Islamic Jihad

Terra Founder Do Kwon’s Extradition Approved by Montenegrin Court – Here’s the Latest

24.11.2023
Image Source: Reuters A court in Montenegro’s capital, Podgorica, has approved the extradition of Do Kwon, the founder of Terra, to either South Korea or the United States. According to a recent update on the judiciary’s website, the final decision on the country of extradition will...

Turkey’s New Crypto Asset Regulations Expected in 2024 – Focus on Taxation and Licensing

16.11.2023
Source: Pixabay Turkey officials confirmed that the nation is considering debuting a new crypto market regulation, effective 2024. The regulation will emphasize addressing crypto licensing and taxation, per a Reuters report. Turkey is seeking to address concerns raised by the Financial Action Task...

US and Allies to Intensify Sanctions Against Hamas, Targeting Crypto Assets to Cut Funding

10.11.2023
Source: Adobe Stock/ sveta The United States and its allies are set to escalate sanctions against the militant group Hamas in the coming days. According to the U.S. Deputy Treasury Secretary Wally Adeyemo, more actions will be taken in the coming days and weeks to cut funding channels to Hamas...

PayPal Faces Regulatory Scrutiny as SEC Subpoenas PYUSD Stablecoin

2.11.2023
The United States Securities and Exchange Commission (SEC) has issued a subpoena to global payment giant, PayPal over its newly launched stablecoin, PYUSD. On Nov 2, PayPal Holdings announced that it received a subpoena from the enforcement arm of the SEC tied to its U.S. dollar stablecoin...

40 Countries Pledge to Combat Ransomware and Disrupt Cybercriminal Funding Through AI-Driven Blockchain Analysis

1.11.2023
A U.S.-led alliance comprising forty countries has committed to signing a pledge that they will never pay ransom to cybercriminals. The initiative, known as the International Counter Ransomware Initiative, is intended to eliminate the funding mechanism for hackers, Reuters reported, citing a senior...

Indian Banks Offer Rewards to Encourage Digital Rupee Adoption

27.10.2023
Indian banks are actively promoting the adoption of the central bank digital currency (CBDC), digital-rupee, by offering a range of incentives to encourage users to conduct transactions with the national digital currency. These incentives include cash-back rewards and reward points, Reuters...