Market News
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CFTC Seeks Public Feedback on Spot Crypto Trading Rules
The CFTC unveils plans to allow spot crypto trading on registered futures exchanges. Public feedback is sought on listing crypto…
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Banks Face Fines if They Drop Crypto or Conservative Clients
The new order allows regulators to act when banks drop cryptocurrencies or group accounts. Cryptocurrency firms cite that banks are…
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Stablecoins No Match for Visa and Mastercard’s Dominance
Visa and Mastercard report that stablecoins still lack real-world payment utility and trust. Around 90% of stablecoin volume is tied…
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Mill City Sets $500M Deal to Back Sui Blockchain Treasury
Mill City secured a $500M deal to sell stock and fund its Sui blockchain treasury push. The firm aims to…
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Weak U.S. Jobs Data Sparks Bitcoin Slide: Risk-Off Returns
Bitcoin lost 1.36 percent in a day after weak U.S. job numbers hit the market. Only 73K jobs were added…
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Michael Saylor Says Bitcoin Is Eating Real Estate Value
Saylor says Bitcoin is replacing real estate and gold as a long-term store of value. Cardone Capital joins Strategy in…
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Indonesia’s $38M Crypto Tax Rise Sparks Innovation Concerns
Indonesia’s crypto tax revenue surged to $37.98M in 2024, nearly tripling from 2023. Higher taxes and tight rules may drive…
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Trump’s CFTC Pick Faces Strong Objection from Winklevoss
Tyler Winklevoss told Trump that Brian Quintenz’s policy does not match his crypto mission. Leaked emails show Quintenz’s aide wanted…
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UK FCA to Open Retail Access to Crypto ETNs by October 8
FCA will let retail investors access cETNs only through approved UK-based exchanges. Crypto derivatives will still remain banned for retail…
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IMF Updates Global Economic Rules Amid Crypto Acceleration
The IMF introduces revised guidelines to reflect rapid growth in crypto and digital assets. New standards focus on transparency, digital…
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Klarna Targets September IPO as Fintech Stocks Rebound
Klarna is preparing for a September U.S. IPO after fintech stocks gained momentum. It’s global loan delinquency rate dropped to…
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Hong Kong Launches Stablecoin Licensing Amid Market Skepticism
HKMA’s new licensing sets a steep HK$25M bar, curbing smaller stablecoin players. Hong Kong stablecoin stocks fall as investors fear…
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