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Trump has not shied away from expressing a pro-crypto sentiment during his most recent campaign trail. Trump’s stance on crypto is in stark contrast to his earlier criticism, in which he famously labeled cryptocurrencies a “scam” in a 2021 interview. However, during this election cycle, Trump said he would embrace crypto in his next presidential term. “Crypto is moving out of the U.S. because of hostility toward it. I don’t want that. If we are going to embrace it, we will have to let them be here,” he said in a recent rally. Trump’s strategy to court the cryptocurrency community has been evident in recent months. In July, he delivered a keynote address at Bitcoin2024 in Nashville, where he expressed strong support for the Bitcoin Bitcoin BTC -0.38% Bitcoin mining industry despite concerns about its environmental impact.
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DBS Bank has partnered with digital payment provider Ant International to launch a blockchain-based treasury and liquidity management solution. In a Tuesday press release, DBS announced the pilot launch of its DBS Treasury Tokens, marking the bank’s use of blockchain technology for financial services. The DBS Treasury Tokens, which are set to be utilized by Ant International, operate on DBS’s permissioned blockchain. This blockchain is specifically designed to cater to DBS entities across various markets, allowing for instant and multicurrency treasury and liquidity management. A permissioned blockchain, sometimes referred to as a private blockchain, is distinct in that it includes an access control layer. This layer ensures that only authorized participants can interact with the blockchain, adding a layer of security and control.
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Eight newly approved spot ether (ETH) exchange-traded funds got off to a busy start following their debut this week, despite lacking a key feature of Ethereum's native token: staking income. While the Grayscale Ethereum Trust (ETHE), which has existed in non-ETF form for years but just converted into an ETF, has seen about $811 million of outflows, new products from the likes of BlackRock saw almost $800 million deposited in the first two days. Issuers say they're pleased. This early success wasn't a given, especially after several issuers announced that they would not stake ether for yield, which they had initially planned to do in earlier filings. This was likely due to the U.S. Securities and Exchange Commission telling them to remove the feature as staking could potentially violate federal securities laws as it constitutes unregistered securities offerings, as the SEC had previously argued in other cases.
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hi
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The latest news about the price of BTC is the fact that online analysts Lookonchain and Arkham Intelligence have discovered a wallet linked to the CPP wallet. . Similar to the recent sale of bitcoins by the Government of Germany for the sum of $Z25 million, these coins were confiscated due to illegal activities. Initially, bitcoin was owned by Banmitu Qingxu, who stored the money for the sale of tokens on the Silk Road platform. The packages show the impact of these packages on the price of BTC, taking into account that the CSHA holds bitcoins for an amount of about $1,000,000. 2.8 billion. Investors planning to buy on the downturn and avoid the volatility of bitcoins are packing investments in Near Protocol, Avalanche (AVAX) and DTX Exchange.
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Crypto may emerge as the primary “Trump Trade” during the current election cycle with Republican prospects improving and the party’s standard bearer increasingly embracing a pro-crypto viewpoint, according to Bernstein analysts. Republicans see a favorable stance on the crypto industry as a way to both win over voters and get campaign funding from super PACs who back pro-crypto politicians, Gautam Chhugani and Mahika Sapra wrote in a report Monday.
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Apple will not release its AI product Apple Intelligence in the European Union in 2024 due to “regulatory uncertainty.” CNBC reports this. In addition to Apple Intelligence, iPhone Mirroring and SharePlay features will not be available to EU users. The company believes that "DMA interoperability requirements may force product integrity compromises, posing a threat to user privacy and data security."
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iPhone Mirroring allows you to see and control your smartphone screen on your Mac. With SharePlay, you can transfer the screen image from your iPad or iPhone to another device and thus synchronize the viewing of media files, movies, TV shows while talking with friends, relatives and colleagues. The EU adopted the DMA in 2023 due to concerns about the monopoly of Amazon, Apple, Alphabet, Meta, Microsoft and ByteDance. According to regulators, tech giants do not allow small firms to compete with them. Among other things, DMA requires that basic gadget functions work on competing ecosystems and devices. Large firms are also prohibited from: give preference to your products instead of competitors' products; combine personal data from different services; use information from third-party sellers in competition with them.
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The listed company must allow users to download apps from competing platforms. Apple said it would work with European authorities "to try to find a solution that allows it to provide features to EU customers without compromising their security." In June, Apple announced the integration of ChatGPT into its devices and its massive AI initiative, Apple Intelligence. The new decision means that the software will not be available to users in the 27 EU countries, but will be available in other jurisdictions and only on select devices in American English. Recall that Apple held talks with Meta about a potential partnership in the field of AI. The company is also in contact with other major developers: Google, Anthropic and Perplexity.
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