Bitcoin price falls as global recession and AI bubble fears send investors scrambling

Bitcoin's price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble.

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Man pleads guilty in UKs first illegal crypto ATM conviction

Olumide Osunkoya pleaded guilty to FCA charges of illegal offer and use of cryptocurrency automated teller machines (ATMs). The 45-year old Osunkuya will be sentenced at a later date. Olumide Osunkoya has pleaded guilty to several charges involving the illegal operation of cryptocurrency automated teller machines in the UK. Osunkuya, 45, pleaded guilty when he […]

The post Man pleads guilty in UK’s first illegal crypto ATM conviction appeared first on CoinJournal.

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Crypto platform resumes UK registrations after 10-month FCA compliance pause

The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection.

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UK Gambling Commission charges Sorare for unlicensed facilities

The French website offers NFTs for fantasy sports team competitions and as collectibles. 

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Wallet in Telegram app temporarily blocked for UK users due to restructuring

Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.

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Is Anime 2.0 The Next Big NFT Obsession?

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Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity

President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvadors emerging role in tech innovation.

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Hashgraph Association to explore digital asset use cases with Qatar stakeholders

The Hashgraph Association will explore digital asset use cases such as equity and real estate tokenization with stakeholders in Qatar. 

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Kraken denies SEC claims, argues digital assets arent securities: Law Decoded

Kraken rejects the SECs securities allegations, Brazil lifts the freeze on Starlinks bank account, the UK clarifies crypto property rights, and Coinbase backs NFTs legal defense.

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Bhutan's $750M Bitcoin (BTC) Holdings Identified on Arkham

Bhutan's $750M Bitcoin holdings from mining operations by Druk Holdings are now labeled on Arkham, making it the 4th largest government with BTC holdings. (Read More)

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UK finance regulator FCA a deterrent to crypto industry, says CryptoUK

UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.

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Meta to resume AI training in UK after regulatory pause

The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook.

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Tether eyes enhanced government relations after UK deems USDT a distinct property

Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to spearhead its global engagement efforts with lawmakers, regulators, and key stakeholders. Strengthening government relationship According to the statement, Spiro’s extensive background in the […]

The post Tether eyes enhanced government relations after UK deems USDT a distinct property appeared first on CryptoSlate.

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Bukele advisers said BTC adoption was complete PR move TIME reporter

According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to change the narrative on the countrys international perception.

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UK Parliament Recognizes Crypto, NFTs as Legal Property Asset

In pivotl dvlopmnt, th UK govrnmnt hs tkn significnt stp towrds lgitimizing cryptocurrncis, NFTs, nd toknizd ssts by introducing nw bill in Prlimnt. Th bill, nnouncd on Sptmbr 11, sks to rdfin th lgl sttus of ths digitl ssts, providing much-ndd clrity nd protction for invstors nd th brodr crypto mrkt. Th […]

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UK introduces new bill clarifying crypto as personal property

UK’s new bill recognises Bitcoin and other digital assets as personal property. Under the new law, crypto owners will enjoy greater legal protection. The UK parliament has introduced a new bill that clarifies digital assets ownership by recognizing Bitcoin and other crypto assets as personal property. The new draft law, the Property (Digital Assets etc) […]

The post UK introduces new bill clarifying crypto as personal property appeared first on CoinJournal.

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UK govt introduces bill to clarify cryptos legal status

The proposed legislation would create an additional property category under UK law, identifying digital assets as things.

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UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

The new legislation aims to provide legal clarity and protection for Bitcoin and digital asset owners.

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El Salvadors Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0

The National Bitcoin Office (ONBTC) of the Office of the President of El Salvador, led by Stacy Herbert, aims not just to help further integrate Bitcoin into El Salvadors economy but foster a cultural, artistic and psychological renaissance.

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Owner of unlicensed UK crypto ATM network faces criminal charges

The FCA is throwing the book at the head of Gidiplus Limited for operating an ATM network after being denied registration.

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