In a surprising turn of events, former President Donald Trump has pardoned the co-founders of the controversial crypto exchange BitMEX—an act that reopens an ongoing debate about the regulatory environment surrounding cryptocurrencies. Arthur Hayes, Benjamin Delo, and Samuel Reed were initially prosecuted under the Bank Secrecy Act after admitting to violating U.S. anti-money laundering regulations.
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On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) made headlines by dismissing its previous restrictions and signaling a new era for banks involved in crypto-related activities. The rescission of the Financial Institution Letter (FIL-16-2022) underlines a monumental shift in regulatory strategy, suggesting a more permissive stance that invites banks to explore the burgeoning
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The recent partnership between Animoca Brands and Sony Block Solutions Labs to create a blockchain-based identity infrastructure marks an intriguing moment in the rapidly evolving NFT space. While the initiative promises to streamline digital identities through the newly introduced Anime ID on Soneium, the ambitious fusion of anime culture with blockchain technology raises a critical
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The landscape of cryptocurrency, particularly Bitcoin, is routinely peppered with forecasts, but few resonate with the urgency and conviction laid out by Arthur Hayes, co-founder of BitMEX, a pioneer in the crypto derivatives market. In a recent discourse, Hayes posits a future where Bitcoin not only recovers from recent downturns but soars to unparalleled heights,
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Navigating the volatile realm of cryptocurrency can be confusing, especially for those who aren’t intimately familiar with its intricacies. Recently, Ethereum (ETH) has captured significant attention among crypto enthusiasts and analysts alike. Predictions about its price trajectory are as varied as the industry itself, leading to an increased focus on the critical resistance level at
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Dunamu, the parent company of UPbit—South Korea’s largest cryptocurrency exchange—has recently showcased remarkable financial growth amidst a climate of regulatory skepticism. The firm reported an astounding 85.1% increase in operating profits for 2024, totaling approximately $682 million. This surge comes despite the challenges posed by South Korean regulators, showing that even in adverse conditions, opportunities
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