emilymiller08177

@emilymiller08177

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According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.

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Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.

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The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use.

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Interest in a US-based strategic Bitcoin reserve is also on the rise. So far, at least 24 states have introduced legislation related to a potential Bitcoin reserve, Bitcoinlaws data shows.

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North Korean hackers behind the $1.4 billion Bybit hack control more than 11,000 cryptocurrency wallets used to launder stolen funds, according to blockchain analytics firm Elliptic.

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However, Ren noted that, like many VCs, OKX has expanded its checklist for funding and is carefully vetting crypto startups through a range of analytics tools.

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https://warpcast.com/brown89241/0x8862c339

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https://warpcast.com/brown89241/0x518074c2

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In a Feb. 5 filing to a Texas federal court unsealed on Feb. 10, an FBI affidavit alleged Caleb Ward, Jeremy McNutt and Jared McNutt — Geosyn’s former sales manager who wasn’t named in the SEC’s suit — defrauded their customers and spent their money on personal items and expenses.

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In a Feb. 14 filing to a Texas federal court, the agency agreed to stay the case it filed in April 2024 after Geosyn CEO Caleb Joseph Ward and the firm’s former operating chief Jeremy George McNutt handed themselves over to authorities and appeared in court a day earlier.

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Tokenizing real-world assets (RWAs) introduces onchain and offchain challenges, which Youssefi said requires balancing to maintain consistency for this “extremely complex” process:

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Lamine Brahimi, co-founder and managing partner of Taurus, told Cointelegraph that the partnership aims to expand into these regions “where regulatory frameworks have been clarified or are on the verge of being established.”

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“We want individuals and corporations alike to confidently engage with the Hedera ecosystem, something we know we can ensure against the regulatory backdrop of these regions,” he said. “Partnerships like this benefit both parties in making their presence known in these regions.”

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The best option is to take measured steps to develop community-driven infrastructures and systems like community coins. It is time for the industry to give power back to the community.

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Web3 has the potential to transform everyday life and is developing rapidly, but in its current form, it is at risk of abuse by a small number of malicious creators. We must proceed cautiously to protect Web3 and ensure it delivers on the promise of decentralized finance and decentralized governance.

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Whether it be a small group of African entrepreneurs looking to build a liquidity pool or a group of residents in Ohio raising funds for a school, the power of digitally administered democracy is the global breakthrough that will redefine the current state of crypto and finance, and this momentum and support will only continue under US President-elect Donald Trump’s administration.

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In September, ASIC Commissioner Alan Kirkland said the regulator was preparing new guidance requiring crypto exchanges to obtain financial services licensing.

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The case reflects ASIC’s growing focus on the crypto industry. Recently, the regulator fined Kraken’s Australian operator $12.8 million for regulatory breaches. ASIC is also preparing new guidelines to require crypto exchanges to obtain financial services licenses under the Corporations Act.

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In April 2023, following a review of the crypto exchange’s operations, ASIC canceled Binance’s Australian financial services license “in response to a request to cancel from the entity.”

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The lawsuit outlines several regulatory violations, including Binance’s failure to issue a PDS or TMD, inadequate dispute resolution mechanisms and a lack of employee training to ensure compliance with its financial services license. ASIC also accused Binance of failing to deliver services “efficiently, honestly, and fairly.”

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