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Belarusian President Claims Decline in US Dollar and Euro Use Globally

Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that…

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Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances

The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the…

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Turkey Prepares New Crypto Law to Align With International Standards

Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will…

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Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US

Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the…

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279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives.…

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Crypto Exchanges Helping Brazilian Flood Victims

Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000…

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Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC

Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each,…

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Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1

Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million…

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Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme

Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in…

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Binance Fined Over $4 Million in Canada for Money Laundering Violations

Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws.…

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