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Crypto Firms Face an Uncertain Future in the UK. Now a Key Deadline Has Been Extended
A select few firms, including Revolut and Copper, will be allowed to continue trading after a temporary register closes Friday, the FCA said.
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Crypto Hackers Steal Over $615 Million From Network That Runs Popular Game Axie Infinity
Ronin Network said in a blog post on Tuesday that it lost around $615 million in USDC and ethereum.
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Britain Will Reveal Crypto Regulation Plans in Coming Weeks, Sources Say
British Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC.
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Exxon Is Mining Bitcoin in North Dakota as Part of Its Plan to Slash Emissions
ExxonMobil has been working with Denver-based Crusoe Energy Systems to mine bitcoin in North Dakota.
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Russia Is Considering Selling Its Oil and Gas for Bitcoin as Sanctions Intensify From the West
Russia might accept bitcoin as payment for its oil and gas exports as Western countries stiffen their sanctions on Moscow.
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‘A Total Disaster': Crypto Firms Face Being Booted From the UK as a Key Deadline Approaches
Several companies, including Revolut and Copper, could soon be forced to wind down their crypto activities in Britain.
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Apple Buys UK Fintech Start-Up Credit Kudos
Credit Kudos develops software that uses consumers’ banking data to make more informed credit checks on loan applications.
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Ukrainian Refugee Flees to Poland With $2,000 in Bitcoin on a USB Drive
Nearly a quarter of Ukraine’s population has been forced from their homes in the last four weeks. Many have turned to cryptocurrency.
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UK Watchdog Puts 50 Crypto Companies on Notice Over ‘Misleading' Ads
The U.K. Advertising Standards Authority has told more than 50 crypto firms to make sure they are in compliance with the rules.
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Microsoft Dives Into Web3 With Investment in Ethereum Co-Founder's Start-Up ConsenSys
ConsenSys has raised $450 million in a funding round backed by the likes of Microsoft, SoftBank and Temasek.
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China's Digital Yuan Could Challenge the Dollar in International Trade This Decade, Fintech Expert Predicts
Nations are likely to look for alternative payment systems to reduce their current dependence on the dollar, says Richard Turrin.
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How Technology Is Helping Improve Financial Inclusion Around the World
“There’s this new type of excitement about putting your money to work for you,” said Flori Marquez, the founder of BlockFi, a cryptocurrency trading platform.
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Trading in NFTs Spiked 21,000% to More Than $17 Billion in 2021, Report Says
Trading in nonfungible tokens hit $17.6 billion last year, an increase of 21,000% from 2020, according to a report from Nonfungible.com.
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Biden Just Put Out an Executive Order on Cryptocurrencies — Here's Everything That's in It
U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies.
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Former File-Sharing Site LimeWire to Relaunch as NFT Marketplace, More Than a Decade Since Shutting Down
The controversial service was shut down in 2010 following a lengthy legal battle with the Recording Industry Association of America.
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PayPal Suspends Its Services in Russia Over Ukraine War
In a letter addressed to the Ukrainian government, PayPal CEO Dan Schulman said the company was suspending its services in Russia.
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Ukraine Has Raised More Than $54 Million as Bitcoin Donations Pour in to Support the War Against Russia
Donations in cryptocurrencies such as bitcoin and ethereum are pouring into Ukraine as the war with Russia enters its second week.
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Original Mobile Pay Disruptor Boku on the Past and Future of Fintech
Boku was early in the mobile payments space and it expects the market to continue to grow with trends like web3 and despite threats from cryptocurrency.
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‘We Were Terrified': Block Co-Founder Explains How the Fintech Giant Avoided ‘Death by Amazon'
In 2014, Amazon launched a competitor to Block. The company was “terrified,” according to co-founder Jim McKelvey. But it didn’t give up.
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Bitcoin Sanctions Could Be Next, But Most Russians Won't Care
Washington takes aim at Russia’s access to digital cash as the U.S. and its allies levy heavy punitive measures against Moscow.