Author name: Peter

Paypal Secures FCA Registration in the UK, Opening Doors for Crypto Services Resumption in 2024

The leading payments company, Paypal, has successfully obtained registration with the Financial Conduct Authority (FCA) in the United Kingdom. This achievement was verified by the FCA's website on October 31. Paypal's registration comes shortly after the temporary suspension of crypto purchases within the UK. However, the company has committed to reinstating these services at the […]

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Bitcoin.com’s VERSE Token to Make Groundbreaking Debut on Polygon Network

Bitcoin.com, a pioneer in democratizing cryptocurrency access, is excited to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This significant move follows the Verse community’s first-ever direct vote, a process that underpins Bitcoin.com’s commitment to community-driven decision-making and amplifies the ethos of decentralization. Why choose Polygon? The decision to launch

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Judge Urges SEC Decision on Celsius’ Plan to Become a Bitcoin Miner

New York Judge Calls for Expedited SEC Decision Judge Martin Glenn, overseeing the bankruptcy proceedings of Celsius Network, has urged the U.S. Securities and Exchange Commission (SEC) to quickly decide whether to approve the company's plan to transform itself into a crypto mining firm. The judge expressed his hope that the SEC would expedite the

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Brazilian Tax Authority Acknowledges Growing Importance of Stablecoin Trading

Introduction The Brazilian Tax Authority (RBF) has recently published an article highlighting the significant growth of stablecoin trading in the country's cryptocurrency market. Stablecoins, which are tokens tied to the value of other currencies, have gained popularity due to their stability and potential for use as a means of payment. This article explores the dominance

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Bitcoin, Ethereum Technical Analysis: Market Holds Its Breath for Fed’s Upcoming Policy Decision

Bitcoin and Ethereum Show Divergent Paths Navigating Uncertain Waters As November 2023 unfolds, the crypto economy is buzzing with market activity, showcasing a striking performance from bitcoin (BTC) alongside a steady progression from ethereum (ETH). Crypto markets are calm and consolidated at the moment, as market observers and traders wait for the news stemming from

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Lawmakers Call for DOJ to Consider Criminal Charges Against Binance and Tether

Introduction Two U.S. lawmakers have recently urged the U.S. Department of Justice (DOJ) to investigate and potentially levy criminal charges against Binance and Tether. The lawmakers have alleged that these two cryptocurrency platforms were used to fund Hamas, a designated terrorist organization. The request for investigation highlights concerns about illicit activities and the need to

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The Digital Asset Market Records Record-Breaking Inflows, Bitcoin Dominates

Rising Optimism and Increased Inflows According to the latest digital asset fund flows report by Coinshares, the digital asset market experienced a surge in optimism at the end of October, resulting in a significant inflow of funds. In fact, the market saw a record-breaking $326 million in fund inflows, the highest single-week gain in one

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