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French President Emmanuel Macron Dismisses ‘False Information’ on Pavel Durov’s Arrest; ‘It Is in No Way a Political Decision’

Emmanuel Macron, President of France, has disregarded what he qualified as “false information” regarding the arrest of Telegram CEO Pavel Durov. In a social media post, Macron stressed that the…

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French Court Extends Telegram CEO Pavel Durov’s Police Custody

French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities…

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Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam

Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks…

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Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company,…

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Latam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made…

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Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth

Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about the increasing institutional adoption of bitcoin, emphasizing: “We…

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Russia Set to Launch Crypto Payment Trials Next Week, Report

Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the…

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9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay

Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE),…

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Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The…

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Edward Snowden: Pavel Durov’s Arrest Is an Assault on Basic Human Rights

Renowned NSA whistleblower Edward Snowden gave his take regarding the recent arrest in France of Telegram founder Pavel Durov. Snowden blasted the French government’s actions, stating that these constituted an…

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