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Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation

July 20, 2023 0

The central banks of Egypt and Nigeria have signed a fintech agreement to deepen the two institutions’ “cross-border regulatory collaboration” and information sharing. The London Institute of Banking & Finance, which also signed an MOU, will offer training programs, workshops, and courses

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Blackrock Bitcoin ETF Filing Announcement Propelled BTC in Q2 — Study

July 20, 2023 0

According to the latest Coingecko report, during the second quarter (Q2) of 2023, the U.S. dollar value of BTC grew by nearly 7% while that of the entire crypto market capitalization only went up by 0.14%. In contrast, BTC’s average daily trading volume during the period fell by 58.7% from the $33.4 billion seen in […]

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Turkish Court Sentences Founder of Defunct Crypto Exchange Thodex to More Than 7 Months in Prison

July 20, 2023 0

A Turkish court has sentenced Faruk Fatih Özer, the founder of the collapsed cryptocurrency exchange Thodex, to an effective seven months and 15 days in prison. During the trial, Özer denied being an executive of the crypto exchange when the platform allegedly failed to furnish the Tax Inspection Board with the documents requested. Appointment of […]

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BitKeep (Bitget Wallet) Partners With the Solana Foundation to Drive Growth in Web3

July 20, 2023 0

PRESS RELEASE. BitKeep, a leading multi-chain wallet, has joined forces with the Solana Foundation in an exciting collaboration aimed at promoting the growth and evolution of the blockchain landscape. This strategic partnership combines BitKeep’s robust wallet solution with Solana’s high-performance blockchain platform, providing a comprehensive solution to existing

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Societe Generale Division Forge Receives Crypto Services License From AMF

July 20, 2023 0

French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto custody, trading, and sales. License Said to Enable Forge to Meet Institutional Demand for

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Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says

July 20, 2023 0

The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was the flight to safety,” emphasizing that bitcoin is the insurance her team believes “everyone will […]

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US Presidential Candidate Robert Kennedy Jr Unveils Plan to Back US Dollar With Bitcoin

July 20, 2023 0

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled two new reforms for bitcoin if he is elected president. He plans to back the U.S. dollar with the cryptocurrency and eliminate capital gains taxes on the conversion of bitcoin to USD. RFK Jr. stressed that his administration’s mission is to make America “the […]

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Former US President Donald Trump Warns of Economic Depression if He’s Not Elected

July 19, 2023 0

Former U.S. President Donald Trump has warned that the U.S. economy will face “more than a recession” if he is not elected president. Trump also made several other promises, including getting Russia’s President Vladimir Putin to make a deal with Ukraine’s President Volodymyr Zelenskyy “very quickly.” Donald Trump’s Warnings Former U.S. President Donald Trump made […]

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US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application

July 19, 2023 0

The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of Blackrock’s bitcoin ETF application. U.S. SEC to Review Valkyrie’s Bitcoin ETF Application, Expects Public Feedback The United States’

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Unlike Father, Spencer Schiff Calls Depression Warning ‘Fearmongering,’ Predicts Hyperdeflationary Boom, Bitcoin Crash; Banks on AI Future

July 19, 2023 0

In response to a Zerohedge article titled “The Two Causes of the Coming Great Depression,” Spencer Schiff, son of gold advocate Peter Schiff, labeled the argument “pure fearmongering.” Spencer said he has distanced himself from his dad’s views and now predicts a “hyperdeflationary economic boom.” Notably, the former staunch bitcoin supporter anticipates BTC’s price will