Author name: Peter

The Controversial Decision: DOJ Drops Second Trial Against FTX Founder Sam Bankman-Fried

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The Outrage and Accusations The recent announcement by the U.S. Department of Justice (DOJ) regarding their decision not to proceed with a second trial against Sam Bankman-Fried (SBF), the disgraced founder of FTX, has sparked outrage within the crypto industry. Crypto exchange Coinbase has gone as far as calling this decision a "miscarriage of justice." […]

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Director of Digital Assets Strategy at Vaneck Calls SEC’s Cash-Only Requirement for Bitcoin ETFs “Nonsense”

crypto ira /

Spot Bitcoin ETFs Shouldn't Be Restricted to Cash Only, Says Vaneck Director Gabor Gurbacs, the Director of Digital Assets Strategy at asset management firm Vaneck, has criticized the U.S. Securities and Exchange Commission (SEC) for requiring spot Bitcoin exchange-traded fund (ETF) issuers to use the cash creation method instead of the in-kind model for their

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Okx to Cut Ties With Privacy Coins Amid Regulatory Heat, Triggering Market Dip

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The cryptocurrency exchange Okx has made the decision to sever its ties with privacy coins, following in the footsteps of Binance. This move comes as regulatory pressure mounts on these types of cryptocurrencies. Okx has announced the removal of several spot trading pairs associated with privacy tokens such as monero, zcash, and dash. The exchange

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Current Support in Gold Comes From Red Sea Attacks – Ira Epstein’s Metals Video 12 26 2023

gold ira /

Self-DirectedGold IRAs are fantastic as they let you place your money in the precious metals and not have to deal with any middlemen. They are so simple that your grandmother could set it up! When you buy physical silver, gold platinum, palladium and bar, rounds and bullion, you will receive immediate liquidity. However, if you

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US Financial Services Platform Sofi Announces Exit From Crypto Market

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Sofi Stops Offering Crypto Services Starting Dec. 19, the financial services platform Sofi will cease providing cryptocurrency services to its customers. The decision was made due to increased scrutiny of the crypto sector by banking regulators. Sofi has provided instructions on how customers can transition their accounts to Blockchain.com during this period. No New Accounts

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New York Issues Updated Virtual Currency Regulations

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New Regulations for Virtual Currency Listings and Delistings The New York Department of Financial Services (NYDFS) has recently released new standards for virtual currency (coin) listings and delistings. These regulations, which affect Bitlicensees and limited-purpose trust companies, include guidelines for business models of virtual currency entities (VCEs), risk assessment expectations, advance notification requirements, and updated

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Alchemy Pay Partners with Worldpay to Enhance Crypto Payment Services

crypto ira /

Alchemy Pay, the leading fiat-crypto payment gateway, has recently announced its partnership with Worldpay, a renowned payment processor. This collaboration aims to provide Alchemy Pay's users with access to Worldpay's Visa and Mastercard payment rails through its on and off-ramp service. By leveraging Worldpay's extensive global reach, Alchemy Pay aims to enhance the efficiency and

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Defi Witnesses Dramatic Recovery as TVL and Token Valuations Soar in 2023

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Decentralized Finance (Defi) Sees Impressive Growth Over the past year, decentralized finance (defi) has experienced a significant recovery, with both the total value locked (TVL) and token valuations soaring in 2023. In April 2022, defi protocols held approximately $163 billion TVL, but by January 2023, this amount had declined to $38.30 billion. However, these indicators

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Rich Dad Poor Dad Author Robert Kiyosaki Shares How He Made Most of His Money

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Introduction Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has recently shared insights into how he made the majority of his wealth. He believes that the future of stock and bond markets lies in resources, rather than the traditional Silicon Valley technology startups. Kiyosaki predicts that resources will be "the coming boom in

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