Bitcoin inches closer to $80,000 as USD rebounds from 12-week low

Bitcoin is edging closer to the $80,000 mark as the US dollar hits a 12-week low. The popular cryptocurrency has been steadily climbing in value, fueled by a weak dollar and increased investor interest. This surge in Bitcoin’s price is a clear indication of the growing acceptance and adoption of digital currencies in the mainstream [...]

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The Hidden Risks of Asset Tokenization: A Closer Look at Centralization from MEXC Executives

Asset tokenization is a trending topic in the world of finance and blockchain technology. By digitizing assets and creating tokens that represent ownership, tokenization promises increased liquidity, accessibility, and efficiency in traditional asset markets. However, there is a dark side to this innovative concept – centralization. In a recent interview with the CEO of MEXC [...]

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IRS DeFi Broker Rule Repeal Inches Closer to Approval by President Trump

The Senate has passed a resolution to overturn the IRS’ proposed crypto broker rule under the Trump administration. This move is a significant win for the decentralized finance (DeFi) industry and crypto investors who were concerned about the potential impact of the rule on their financial activities. The resolution, which was passed with bipartisan support, [...]

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UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded

While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchanges meltdown.

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