China enforces stricter rules requiring banks to monitor and report risky crypto transactions

China has implemented stringent regulations aimed at monitoring and reporting risky foreign exchange and cryptocurrency transactions, as part of its ongoing effort to combat illegal cross-border financial activities. The State Administration of Foreign Exchange (SAFE) has mandated that banks track transactions related to underground banking, cross-border gambling, and illicit crypto activities. This initiative requires banks…

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Qubetics’ Decentralised VPN, AAVE’s DeFi Lending Platform, and SUI’s Scalability

The world of cryptocurrency continues to present unparalleled opportunities for savvy investors looking for projects with long-term potential. As the market evolves, some altcoins stand out for their innovation, usability, and growth trajectories. Among the best altcoins to buy and hold for long-term growth are Qubetics (TICS), AAVE, and SUI. Qubetics is turning heads with…

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Tron’s Revenue Hits $2.12B in 2024, Boosted by Trump-Backed WLFI Investment

January 2, 2025 at 06:48 PM GST 2 mins read News Tron’s revenue surged 39.74% in 30 days, reflecting $2.12B in 2024 earnings, fueled by bold blockchain initiatives and investments. Justin Sun’s $30M WLFI investment aims to drive US-pegged stablecoin adoption, aligning blockchain with U.S. financial leadership. With a potential breakout as the Bollinger Bands…

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BONK’s hype and ADA’s ecosystem are no match for 1Fuel real-world impact and seamless integration

The digital currency market is no stranger to hype, with trends constantly propelling tokens into the spotlight. BONK, the meme-inspired sensation, and ADA, the backbone of Cardano’s ecosystem, are prime examples of this phenomenon. Still, as these projects make headlines, 1Fuel’s presale is effectively steering the conversation. Currently in the second presale phase, 1Fuel tokens…

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KuCoin launches new crypto payment solution for merchants

Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions.  KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging this user base, businesses can connect with more customers while simplifying the payment process.  According…

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China Tightens Cryptocurrency Oversight with New Forex Rules

China’s State Administration of Foreign Exchange (SAFE) has introduced new regulations aimed at strengthening the scrutiny of risky financial activities, including those involving cryptocurrencies. These rules are designed to increase monitoring and reporting by banks, making it harder for mainland investors to engage in buying or selling bitcoin and other digital assets. Banks to Monitor…

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What’s Next For Ripple XRP in 2025?

Why Is The Ripple (XRP) Price Up Today: Where Is XRP Heading Next? XRP Price Analysis: Spinning Tops and Bullish Engulfing Candles Indicate Buyer Confidence The XRP market is buzzing with renewed optimism as recent technical patterns and on-chain metrics highlight growing buyer confidence. At the latest price rebound, two Spinning Tops candlestick patterns emerged,…

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3 Cryptocurrencies to Consider If You Only Have $100 to Invest in January 2025

Just with a hundred dollars, you can set yourself up for prospective growth in such an ever-evolving market. If you think carefully, these three cryptocurrencies—Rexas Finance (RXS), Bonk (BONK), and Pepe (PEPE)—may perform well when we enter January 2025. Rexas Finance (RXS): The Revolution of Tokenization Investors appear to be constantly impressed by Rexas Finance’s…

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Bybit Invites Global University Students to Unleash Creativity in Merch Design Challenge with $50,000 USDT Prize Pool

– Advertisement – Dubai, United Arab Emirates, January 2nd, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of the Bybit Merch Creative Challenge, an exclusive design competition open to university students worldwide. This exciting initiative offers a unique opportunity for creative minds to showcase their talent, win a…

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