b43458640

@b43458640

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Industry analysts see Trump’s presidential win as a green light for more than half a dozen proposed crypto ETFs waiting on regulatory approval to list in the US.

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In June, VanEck and rival asset manager 21Shares sought permission from US regulators to list spot Solana ETFs.

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With the approval, Hexarq is officially authorized to provide a scope of crypto services, including crypto custody, as well as buying, selling and trading crypto against the euro.

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The list of SEC commissioners currently includes two Republicans, Hester “Crypto Mom” Peirce and Mark Uyeda, and three Democrats, Caroline Crenshaw, Gary Gensler, and Jaime Lizarraga.

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A warm Farcaster welcome to @ecarrie581!

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A warm Farcaster welcome to @irisj3588!

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A warm Farcaster welcome to @darcylo996!

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A warm Farcaster welcome to @merfil09668!

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By April 2023, Australia’s Bitcoin ATM count surpassed Asia’s, which includes major economies such as China, Japan, Singapore and India.

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Australia was a slow market for crypto ATMs, but adoption increased exponentially near the end of 2022 after private firms began piling into the market.

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AUSTRAC has disclosed that 400 digital currency exchanges are registered on its books, but only a few operate crypto ATMs.

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If the value of laundered funds exceeds $644,400, jail sentences can be up to 25 years and fines as much as $214,585, or both.

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Penalties for money laundering in Australia can include up to 12 years behind bars, more than $100,000 in fines, or both.

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“As the use of cryptocurrency increases, so too will criminal exploitation, which is why this task force will work to eliminate non-compliant high-risk operations,” he added.

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Thomas said any operations caught flouting the law will “risk being subject to significant financial penalties.”

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They are also expected to report suspicious activity and submit threshold transaction reports for cash deposits and withdrawals of over $6,500 (10,000 Australian dollars).

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Crypto ATM operators are already required to register with AUSTRAC, undertake transaction monitoring and implement Know Your Customer (KYC) information checks on users.

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Leading crypto ATM providers in Australia include Coinflip, which has 680 ATMs in its stable; Localcoin, with 465, and Cryptolink, with 75.

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Central to this innovation, generative AI has enabled trading systems to learn, adapt and forecast with unparalleled accuracy. This branch of artificial intelligence is capable of analyzing vast data sets and creating outputs such as predictions, insights or even new data patterns.

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As speed and precision are increasingly crucial in the financial landscape, artificial intelligence has emerged as a game-changing force in trading. Whether for processing vast amounts of market data in real time or interpreting unstructured information like breaking news and social media trends, artificial intelligence is reshaping how decisions are made in global markets.

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