Bitcoin (BTC) price hit a new record on Nov. 10 by briefly crossing the $80,000 mark, data from CryptoSlate shows. Bitcoin’s all-time high price comes at the heels of Donald Trump winning the U.S. elections, which instilled hope of pro-crypto regulations. The largest cryptocurrency climbed 4.83% over the past 24 hours…
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Former president Donald Trump is set to return to the White House in January after winning the election on Tuesday. During the campaign, Trump made several promises to the crypto community, one of which was to fire the U.S. Securities and Exchange Commission (SEC) chairperson Gary Gensler on the first day of his presidency…
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Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services. In an X post, Grewal wrote: “In short…
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Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England (BOE) governor Andrew Bailey said that the central bank will continue to supply cash “for as long as people want.” Bailey was speaking at the Group of Thirty’s 39th Annual International Banking Seminar…
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Adam Iza, founder of crypto trading platform Zort, has been charged with bribing officials of the Los Angeles Sheriff’s Department (LASD) to help him extort, intimidate, and silence victims. He has also been charged with evading taxes. The 35-page affidavit of a Federal Bureau of Investigation (FBI) agent detailed corruption within the LASD…
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