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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027,…

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Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible…

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Veteran Trader Peter Brandt Says Gold Is Poised for Massive Chart Breakout

Peter Brandt, a veteran trader and respected chartist, says gold is poised for a massive chart breakout with targets of $2,800 and then $3,200, based on an inverse head and…

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UAE and UK Accounting Bodies Partner to Shape Digital Finance Future

The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks Federation to help businesses understand and adapt to the digital asset…

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Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case

Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He…

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Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype

A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If…

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Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino

The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new…

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Irish Authorities Seize $7.1M in Cryptocurrency Amid Darknet Money Laundering Bust

Irish authorities seized $7.1 million in cryptocurrency in a raid targeting money laundering and darknet sales. Three individuals were arrested, with one remaining in custody. “The arrests of the three…

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Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’

The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail…

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Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the…

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