CZ, the CEO of Binance, is now one of the world’s wealthiest billionaires

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With an estimated net worth of at least $96 billion, Binance CEO Changpeng Zhao has reached the ranks of the world's top billionaires.

FTX is planning a $1 million incentive for banks to accept stablecoins

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In a recent Twitter thread, cryptocurrency exchange FTX questioned its customers if a $1 million incentive would be enough to entice the first bank in each...

Despite the governmental pushback, Chinese investors continue to trade cryptocurrencies

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As major exchanges discontinue yuan support, Chinese cryptocurrency investors say they will continue to trade their assets on foreign platforms. Even after Binance...

The Swadeshi Jagran Manch of India calls for a complete ban on cryptocurrencies

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The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a complete ban on crypto in India.

In a hack, Grim Finance loses $30 million

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Grim Financial Protocol, a decentralized finance initiative, has revealed a massive hack that resulted in the loss of $30 million in smart contracts.

A growing number of Korean officials leave their positions to pursue careers in the...

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Five Korean Financial Service Commission executives recently resigned to join Bithumb, the country's largest cryptocurrency exchange. According to a report in the Korea...

Japan is aiming to tighten its control over the stablecoin industry

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Japan wants to restrict stablecoin issuance to banks and wire transfer firms and strengthen the sector's governance. Japan has joined a growing list...

The Eastern Caribbean Central Bank now serves two more countries

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The Eastern Caribbean Central Bank (ECCB) has launched its digital payment system in Dominica and Montserrat, a British overseas colony. On December 7,...

Coinbase, a cryptocurrency exchange, has announced support for hardware wallets

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Coinbase, the largest cryptocurrency exchange in the United States, has announced that it will offer crypto hardware wallets, beginning with Ledger. Coinbase, the...

Senator Pat Toomey of Pennsylvania believes Congress should regulate cryptocurrencies

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Senator Pat Toomey of Pennsylvania has proposed that Congress intervene with legislation if the SEC fails to give adequate guidelines on cryptocurrencies. Senator...

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