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Fahrenheit Takes Over Celsius, Forms New Company

Crypto Consortium Fahrenheit Acquires Celsius Network Assets, Forms New Company Owned by Celsius Creditors Crypto lender Celsius Network, facing challenges, announced on May 25 that the asset transfer to crypto consortium Fahrenheit LLC has been successfully concluded. Celsius Network, in collaboration with its official committee of unsecured creditors, chose Fahrenheit as the successful bidder in…

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DeSantis: Bitcoin Poses Threat to Current Regime

Florida’s governor and a potential leader of the Republican Party discussed cryptocurrency and digital currencies issued by central banks in a Twitter conversation with Elon Musk. The new candidate vying for the Republican Party leadership expressed support for cryptocurrencies. During a Twitter discussion with Elon Musk and venture capitalist David Sacks, where he officially declared…

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Japan Bitcoin

Japan Tightens Crypto Exchange Regulations Amid Growing Concerns

Beginning June 1, Japan will introduce stronger measures against money laundering for cryptocurrency transactions. This step is taken to bring Japan’s laws in line with international standards for cryptocurrencies. As part of the new measures, Japan will implement the “travel rule” for financial institutions and crypto exchanges. This rule mandates the sharing of customer information…

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Crypto Executives Seek Washington Influence Anew, Tethered by FTX Anchor

Crypto Executives, despite past setbacks, embark on renewed Washington influence campaign. When lawmakers in Washington, D.C., watch their favorite Sunday morning political shows this week, they’ll also hear about cryptocurrency, courtesy of Coinbase’s campaign. This is part of the industry’s ongoing effort to shape U.S. policy. Coinbase CEO Brian Armstrong and Messari CEO Ryan Selkis…

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Fantom Foundation, Justin Sun, and HashKey Respond to Multichain Challenges

Three big crypto companies have responded to the delays and concerns surrounding the Multichain protocol, which allows for communication and transactions between different blockchain networks. The Fantom Foundation withdrew $2.4 million worth of the protocol’s native MULTI tokens from the decentralized exchange SushiSwap, according to on-chain analysts Lookonchain. This action made the tokens available for…

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China Central Television Airs Crypto Coverage – What Does It Signify?

China Central Television (CCTV), the main national television broadcaster in China, recently aired a segment about cryptocurrency. This news was shared by Changpeng ‘CZ’ Zhao, the CEO of Binance, a popular crypto trading platform, who described it as a significant event. CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese speaking…

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Gemini Founders Consider UK for Potential Global Headquarters

The siblings are currently visiting various locations across the country to explore potential investment opportunities. The billionaire crypto entrepreneurs have expressed their interest in making investments in the United Kingdom. Facing challenges in the United States, the Winklevoss twins are contemplating establishing their cryptocurrency empire in the United Kingdom. Tyler and Winklevoss, the founders of…

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Japan Set to Implement Crypto Anti-Money Laundering Measures in June : Report

The Japanese parliament has made the decision to implement more stringent anti-money laundering procedures, aligning with the “travel rule.” Starting from June 1, lawmakers in Japan will enforce these measures to track cryptocurrency transactions. According to a report from local media outlet Kyodo News on May 23, the Japanese parliament has decided to introduce stricter…

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Berenberg: MicroStrategy Shares Provide Enhanced Crypto Exposure Compared to Coinbase

“Positive Macro Factors for Bitcoin Demand Benefit MicroStrategy Shares, Reports Say” In a report released on Monday, Germany’s investment bank Berenberg stated that MicroStrategy (MSTR) is a compelling option for investors seeking exposure to the cryptocurrency sector, presenting an appealing alternative to Coinbase (COIN). According to the report, investors who hold a negative outlook on…

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HongKong Bitcoin

Hong Kong Securities Regulator Opens License Applications for Crypto Exchanges from June 1st

Hong Kong Securities Regulator Bans Crypto “Gifts” to Encourage Retail Investments. Hong Kong’s Securities and Futures Commission (SFC) to Start Accepting Crypto Trading Platform License Applications from June 1 The Securities and Futures Commission (SFC) has agreed to permit licensed virtual asset providers to cater to retail investors, as long as operators assess their understanding…

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Bitget Obtains Regulatory License in Poland and Reports $80 Million Increase in Reserve Funds in Q1

Cryptocurrency exchange Bitget Obtains Licensing in Lithuania for its Operations. Cryptocurrency exchange Bitget is now officially registered as a virtual asset service provider (VASP) in Poland, according to an announcement made on May 23. This regulatory license permits Bitget to conduct its operations within the Polish market in compliance with the law. Earlier in April,…

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