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People’s Bank of China Highlights Digital Yuan and Blockchain in 2025 Strategy

Coins Legend January 17, 2025 0

The People’s Bank of China (PBOC) has highlighted the utilization of the digital yuan, China’s central bank digital currency (CBDC), and blockchain technology as part of its 2025 strategy. In a post summarizing the issues touched on as part of the new year’s meeting, the Shanghai headquarters

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TRM Labs: Tron Saw Largest Illicit Volume Reduction in 2024

Coins Legend January 17, 2025 0

TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report Shows Tron […]

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Users Circumvent Sony’s Soneium Controversial Block on Meme Coins

Coins Legend January 17, 2025 0

Soneium, Sony’s Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms. Meme Coin Blocking Attempts on Soneium Get Foiled by Crypto-Savvy Users Soneium, Sony Group’s Ethereum L2

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Trump May Be Considering SOL, XRP, and USDC Alongside Bitcoin for an ‘America First’ Strategic Reserve

Coins Legend January 17, 2025 0

Prices of SOL and XRP jumped when the New York Post published the rumor on Thursday. SOL, XRP, and USDC Might Join Bitcoin in a Newly Conceived Strategic Crypto Reserve Donald Trump is not a Bitcoin maximalist, he just rubs elbows with them. So what happens when – as first reported by the New York […]

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Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round

Coins Legend January 17, 2025 0

Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $3 billion valuation after raising $150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund influx, accelerating crypto adoption […]

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US Lawmaker’s New Role Could Skyrocket America’s Digital Assets Sector

Coins Legend January 17, 2025 0

Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and

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Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Coins Legend January 17, 2025 0

Malaysia’s prime minister, after discussions with Binance’s CZ, is urging swift action on blockchain regulations and collaborations to modernize the nation’s financial systems. Malaysia Won’t Be Left Behind: PM Anwar Discusses Crypto and Blockchain With Binance’s CZ Malaysian Prime Minister Datuk Seri Anwar Ibrahim has unveiled his country’s intention to adopt a

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Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Coins Legend January 17, 2025 0

South Korea has cracked down on a pump-and-dump scheme, accusing a suspect of rapid price manipulation under the country’s new crypto regulatory framework. New Crypto Law in Action: Suspect Accused of Rapid Price Manipulation South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) announced on Thursday that they have reported an individual

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Coinbase Launches Bitcoin-Backed Loans With Rewards and Flexible Repayment Options

Coins Legend January 17, 2025 0

Coinbase now lets users borrow up to $100,000 in USDC without selling bitcoin, offering flexible repayment, tax advantages, and instant access to funds via its streamlined platform. Borrow USDC Without Selling Bitcoin: Coinbase Introduces New Loan Feature Crypto exchange Coinbase (Nasdaq: COIN) announced on Thursday the introduction of bitcoin-backed loans, enabling

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Namibia Flips the Script: Central Bank Grants Provisional Approval to Crypto Firms

Coins Legend January 17, 2025 0

On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization First Step in Two-Step Licensing Process The Namibian central bank announced on Jan. 13 that it had granted provisional authorization to two entities to