Author name: Peter

South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card Ban

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Introduction Amidst a national surge in crypto trading, the South Korean Financial Services Commission (FSC) is proposing a significant change to their credit finance laws. This change could potentially bar citizens from using credit cards in cryptocurrency transactions. The FSC aims to tighten regulations on the local cryptocurrency market and address concerns about money laundering […]

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The Crypto App: Empowering Crypto Traders and Investors

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The Crypto App is a revolutionary all-in-one platform that caters to the needs of crypto traders and investors. With its comprehensive suite of tools and features, this powerful application enables users to gain a deeper understanding of crypto markets, implement data-driven trading strategies, and effectively manage risks. Whether you're a beginner or an experienced trader,

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Koree Raises $200,000 in Pre-Seed Funding to Launch Rewards Marketplace

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Introduction Koree, a fintech startup based in Cameroon, has recently secured $200,000 in pre-seed funding. The funding round was led by Tunde Akinnuwa, co-founder of Duplo, a Nigerian payments company. Koree plans to use the funds to launch a marketplace that rewards users for their purchases. Expanding Merchant Network and Customer Base Koree aims to

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Brian’s Big Bags: Custodial Risk and the Future of Bitcoin ETFs

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The Role of Coinbase in Bitcoin Spot ETFs As the approval of the Bitcoin Spot ETF draws near, it raises questions about who will be holding the bags and coins in the banking cartel. While Twitter is abuzz with self-proclaimed ETF experts discussing punctuation changes in applications, Coinbase has quietly positioned itself as a custodian

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Prospera Adopts Bitcoin as Unit of Account: Paving the Way for a Bitcoin Circular Economy

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The First Step towards a Bitcoin-Based Economy The city of Propera in Honduras has recently made a groundbreaking decision by adopting bitcoin as a unit of account. This means that companies in the city can now determine their prices and pay taxes using bitcoin. The move has created an opportunity for the development of a

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SEC’s Unauthorized Spot Bitcoin ETF Announcement: A Social Media Blunder

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Introduction The U.S. Securities and Exchange Commission (SEC) recently faced a major embarrassment when its official social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, within minutes, SEC Chairman Gary Gensler clarified that the account had been compromised, and the post was unauthorized. This incident has

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False Spot ETF Approval Post Causes Chaos in Bitcoin Markets

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Rogue SEC Tweet Sends Bitcoin Prices Soaring Bitcoin's value experienced a turbulent Tuesday, largely due to a rogue tweet from the U.S. Securities and Exchange Commission (SEC), mistakenly proclaiming the green light for all spot bitcoin exchange-traded funds (ETFs). This erroneous message from the official SEC Twitter account sparked a rapid increase in bitcoin's price,

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Standard Chartered Predicts Bitcoin Price Could Reach $200,000 with ETF Approval

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Standard Chartered's $200K Bitcoin Prediction Standard Chartered, a global financial institution, has made a bold prediction about the future price of bitcoin. According to the bank's analysts, if spot bitcoin exchange-traded funds (ETFs) are approved by the U.S. Securities and Exchange Commission (SEC), the price of bitcoin could skyrocket to $200,000 in the next year.

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