ASIC Sues Over Misclassified Australian Clients

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, accusing the platform of failing to protect consumers.  The regulator claims Binance misclassified over 500 retail clients as wholesale investors between July 2022 and April 2023. Binance reportedly denied them critical protections under Australian financial laws. Another Binance Lawsuit Due…

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MicroStrategy Debuts on Nasdaq-100, Boosting Bitcoin Exposure and ETF Inflows

In the latest development, Bitcoin proxy MicroStrategy has officially debuted on the Nasdaq-100. Data from NASDAQ revealed that Palantir PLTR and Axon Enterprise AXON joined the Nasdaq 100 alongside MicroStrategy. They replaced Illumina (ILMN), Super Micro (SMCI), and Moderna (MRNA), with the reconstituted index set to begin trading on Dec. 23. NASDAQ 100 Gains Indirect…

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Unlock 6,233% Potential Gains with 3BAY Tokens Now!

The cryptocurrency community is buzzing with excitement over Web3Bay’s impactful presale, offering a glimpse into why early investors might realize gains up to 6,233%. What’s behind this immense potential, and what does it mean for you as an investor? Web3Bay is emerging as a frontrunner in e-commerce’s future, leveraging blockchain technology within a decentralized marketplace…

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Singapore’s Crypto Market Continues to Expand

Singapore issues more crypto licenses, leading Hong Kong in regulatory clarity.   Hong Kong’s strict rules deter major exchanges from applying for licenses.   Singapore’s initiatives like Project Guardian boost its crypto market position. Singapore has solidified its position as a leading hub for the crypto market, issuing 13 new crypto licenses to digital asset firms. This…

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Treasury and IRS finish broker rules for DeFi, require KYC from protocols

The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring DeFi protocols to conduct Know-Your-Customer (KYC) procedures. Industry experts have already criticized the new provision for being unlawful and out of the Treasury’s regulatory…

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Ethereum price will hit $10k as ETH scarcity narrative ‘strong in practice,’ 1confirmation’s Tomaino says

Ethereum scarcity narrative is “equally strong” to Bitcoin in practice, says 1confirmation’s Nick Tomaino, predicting ETH price to surpass $10,000. Ethereum’s (ETH) growth and deflationary supply make $10,000 achievable, says 1confirmation founder Nick Tomaino, citing the network’s dominance in decentralized finance, stablecoins and developer community as key drivers of long-term value. We bull post ETH…

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Litecoin and Vechain Price Prediction: LTC & VET Set for a Massive Rebound After This Market Pause

– Advertisement – After a period of market stagnation, Litecoin (LTC) and Vechain (VET) are showing signs of a strong comeback. Transaction volumes for these coins have risen, according to ChangeNOW, a platform for exchanging cryptocurrency without registration. Used by savvy investors and large holders concerned about security, the increase suggests accumulation, indicating potential growth…

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XRP surpasses Solana as XYZVerse targets a massive 7,400% rally to beat Dogecoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP surpasses Solana, while XYZVerse aims for a 7,400% surge to surpass Dogecoin, signaling major shifts in crypto. Major shifts are capturing attention. A prominent cryptocurrency has surpassed Solana in market ranking, signaling a…

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