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    Blockchain

    Crypto Exchange Gemini Receives Approval for Launch in France

    Crypto exchange Gemini has received approval to operate as a virtual asset services provider in France.

    VanEck Plans To Close and Liquidate its Bitcoin Futures ETF “XBTF”

    Asset management firm VanEck will close and liquidate its Bitcoin futures ETF “XBTF,” less than two years after its initial launch.

    United States Lawmakers Introduce Bills to Exclude CBDCs from the Definition of Money

    United States lawmakers have proposed bills in four states to block possible definitions of a Central Bank Digital Currency (CBDC) as money.

    Tether Holdings “Have The Money They Say They Have” Confirms Cantor CEO

    Howard Lutnick’ – CEO of investment banking giant Cantor Fitzgerald – has a message for Tether Truthers: the stablecoin giant’s assets are 100% backed.

    Russian Central Bank ‘Turning a Blind Eye’ to Crypto-powered Trade – Senator

    A Russian senator has claimed the nation’s Central Bank is “turning a blind eye” to firms that use crypto as a payment tool in international trade.

    ESMA Unveils Plan to Address Crypto Risks Ahead of MiCA Regulation Implementation

    The European Securities and Markets Authority (ESMA) is actively preparing for the implementation of the Markets in Crypto-Assets (MiCA) regulation, marking a significant milestone in bringing comprehensive oversight to the digital asset space.

    South Korean Bankruptcy Court Judge Calls for More Crypto Regulation

    A South Korean bankruptcy court judge has called on the government to bolster regulation in the crypto industry, claiming investors need more protection.

    WalletConnect Launches Subscription-Based Web3Inbox Service Covering 10 dApps

    Web3 blockchain wallet developer WalletConnect has announced the launch of its subscription-based notification service called Web3Inbox.

    Manta Pacific Flips Base as Fourth Largest Layer 2 Solution as TVL Surges to $845 Million

    Manta Pacific has moved past Base to become the fourth largest layer 2 scaling solution in the market. The total value locked (TVL) of the network soared past $840 million.

    Argentine President Javier Milei Signals Support for Provinces Launching Their Currencies

    Upon assuming office as the president of Argentina in December 2023, libertarian Javier Milei pledged not to oppose the implementation of national currencies by individual provinces. This statement follows a public exchange between Milei and Ricardo Quintela, the governor of La Rioja province.

    Coinbase Faces a Crucial Week: Potential 30% Revenue Drop Looms – Here’s Why

    Crypto exchange Coinbase risks losing one-third of its total revenue due to ongoing legal pressure from federal regulators, according to several analysts familiar with the matter.

    India’s FIU Ban: Local Players Offer Haven for Binance, OKX Users

    Following the recent ban by India’s Ministry of Finance Financial Intelligence Unit (FIU) on offshore crypto exchanges like Binance, OKX, and others, Indian crypto exchanges are stepping in to offer solutions to affected users.

    Pro Crypto Candidate Vivek Ramaswamy Drops Out of U.S Presidential Race

    Pro crypto Republican presidential candidate Vivek Ramaswamy has suspended his campaign after securing a fourth-place finish in Iowa.

    SEC Agrees to Postpone Terraform Labs Trial Pending Do Kwon’s Extradition

    The U.S. Securities and Exchange Commission (SEC) has filed in agreement with Terraform Labs to postpone the civil trial against Do Kwon and his former company, amid ongoing extradition proceedings.

    Hong Kong Licensed Crypto Exchange Hashkey Operator Raises $100M With $1.2B Valuation

    In a recent funding round, HashKey Group, the operator of one of Hong Kong’s two licensed crypto exchanges, successfully raised close to $100 million with a valuation of over $1.2 billion.

    Circle Reports Surge in Remittances Through USDC Stablecoin in Asia

    Circle, a crypto issuer, reported a significant increase in remittances flowing through Asia via its USDC stablecoin. USDC is a cryptocurrency pegged to the value of the U.S. dollar and is backed by liquid cash and cash-equivalent assets. It has settled over $12 trillion in blockchain transactions since its introduction in 2018.