Illinois plans to drop its lawsuit against Coinbase over staking services, joining other states in easing legal actions, though some cases remain open, reflecting shifting regulatory dynamics in the crypto industry.
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Category: Cryptocurrencies
New York Court Bans Genius Group from Trading Stocks and Holding Bitcoin
A New York court blocks Genius Group from raising funds or buying Bitcoin, forcing the AI-focused company to liquidate part of its Bitcoin treasury amid ongoing legal and financial challenges.
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Mitsubishi UFJ ‘On Verge of Launching Japan’s First Stablecoin’
The Japanese megabank Mitsubishi UFJ Trust and Banking is set to issue the nation’s first fiat-pegged stablecoin.
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42% of Brazilian Investors Have Bought Crypto – Survey
Almost half of Brazilian investors have put their money into crypto, a new survey has found, with adoption rising in the wider Latin American region.
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Is Toncoin ($TON) Set for a Bullish Reversal? Key Updates and Technical Outlook
Toncoin ($TON) could be gearing up for a bullish reversal as legal relief for its founder and renewed VC interest coincide with a potential breakout pattern on the charts, despite recent 55% losses.
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Solana Slips Under $130, But Something Bigger Might Be Brewing
Solana fell sharply after market turmoil, losing 8% and sliding below $130. Despite the decline in transactions and daily users, stablecoin balances and DEX volumes hint at long-term potential within the Solana ecosystem.
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Brazil’s Leading Bank Explores Stablecoin Launch While Cautiously Awaiting Regulatory Guidelines
Brazil’s largest bank, Itaú Unibanco, is developing a stablecoin to support blockchain transactions, but its timeline hinges on the outcome of a central bank proposal that may restrict stablecoin use.
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Will Pi Network Survive This Unlock? Token Nears All-Time Low as Supply Flood Looms
Pi Network has declined by 8% in the past 24 hours, and upcoming token unlocks are likely to send it even lower in the coming weeks.
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Is Ripple Building the Next USDT? RLUSD Stablecoin Quietly Nears $250M
The new Ripple stablecoin’s market cap has grown fivefold in less than a month as the company has secured key exchange listings.Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating. This Ripple-native stablecoin was launched in December last year as part of an effort to strengthen the blockchain’s ecosystem […]
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Galaxy Digital UK Arm Secures FCA License, Plans to Expand Derivatives Trading
The FCA license will allow Galaxy Digital to offer derivatives trading capabilities in the UK, allowing to expand its institutional reach.
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