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FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in Maryland

The Federal Bureau of Investigation (FBI) Baltimore office has issued a warning about the increasing prevalence of cryptocurrency investment fraud in Maryland. Known as “pig butchering,” scammers trick victims into…

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Congressman Blasts SEC Chair Over Crypto Regulation Failures

Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the…

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Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust

Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing…

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Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to…

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Lawmakers Question SEC Over Disruptive Crypto Custody Rules

Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question…

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Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios

A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24…

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Argentina Rejects UN Pact for the Future as Milei Breaks With International Agenda

The government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana…

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Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming

Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the…

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Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran…

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