Cryptocurrency
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Binance gets its first Gulf crypto licence in Bahrain
The world’s largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain’s central bank, its first such licence in the Gulf Cooperation Council (GCC), the…
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Bitcoin jumps back to life on Wednesday after quelling of U.S. clampdown fears
Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S. Treasury statement allayed market worries about a sudden tightening of U.S. rules around di…
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Thailand approves relaxed tax rules for digital assets
Thailand’s cabinet on Tuesday relaxed tax rules for investments in digital assets to help promote and develop the industry following a surge in cryptocurrency trading in Southeast Asia’s second-large…
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Bitcoin tumbles again, losing over $3,500
Bitcoin dropped 8.3% to $38,932.49 at 2308 GMT on Friday, losing $3,523.07 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 18.2% from the year’s low of $32,…
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Coinbase, Binance hold their grounds, vow not to ban Russians from using crypto platforms
Cryptocurrency exchanges Coinbase Global Inc and Binance reiterated on Friday they have no plans to preemptively ban all Russians from using their platforms. Some of the world’s biggest cryptocurrenc…
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Crypto exchange Binance says will not accept cards of sanctioned Russian banks
Cryptocurrency exchange Binance on Thursday said cardholders of sanctioned Russian banks would not be able to use them on their platform and confirmed that sanctioned individuals have had their acces…
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EU checking if cryptoassets being used to bust Russian sanctions – EU official
The European Commission is studying whether cryptoassets are being used to get round financial sanctions imposed on Russian banks following the country’s invasion of Ukraine, a senior European Union …
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Ukrainian volunteer group raises $4m in bitcoin since Russian invasion, research shows
A Ukrainian volunteer group that provides equipment to the country’s army has received over $4 million in bitcoin donations since Russia launched its invasion on Thursday, according to blockchain ana…
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Cryptocurrencies suffer massive fall after Russia invaded Ukraine
Bitcoin slumped to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine and landed troops on its coast, sparking a sell-off of riskier assets. Bitcoin fe…
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Russian finance ministry to consider central bank proposals on cryptocurrencies
Russia’s finance ministry on Monday said it would take proposals on cryptocurrencies from the country’s central bank into account so long as they do not contradict its own approach, paving the way fo…