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Crypto must end anonymity for illicit finance, US regulator says

LONDON: Anonymity is allowing crypto assets to finance illegal activities, a top US regulatory official said on Tuesday (Apr 25), posing national security risks that must be addressed. Christy Goldsmith Romero, a commissioner at the US Commodity Futures Trading Commission, said cryptocurrencies were being used...
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Belgium’s only cryptocurrency platform suspends activities

BRUSSELS: The first and only Belgian cryptocurrency lending platform, Bit4You, said it was suspending its activities after CoinLoan, one of its main service providers, was declared insolvent by an Estonian court. CoinLoan, a crypto lending company based in the Baltic state, also no longer has...
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Crypto crashes, bankruptcies spark calls for tighter regulations even as users demand fewer rules

‘CRYPTOCURRENCIES ARE SPECULATION’ Studies have shown that roughly three-quarters of all people who have ever bought bitcoin have ended up worse off. “Cryptocurrencies are speculation,” said Dr Nicholas Weaver, a lecturer at the University of California, Berkeley’s International Computer Science Institute.  “The only value in a cryptocurrency...
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Web3 Revolution – The Philippines

About the show: Touted as the future internet, Web3 is a controversial industry rife with fraud and scandal. Yet behind the headlines, countries in Asia are building...
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As Wealth Managers Move To Diversify Customers’ Idle Cash, SVB’s Own Advisors Head For Exits

“Every advisor in the world is getting calls about this,” says Stephan Cassaday, CEO of Virginia-based Cassaday & Company, a wealth management firm with $4.6 billion under management. “I guarantee a lot of people are looking at moving money around that is above $250,000.” Cassaday...
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The Banking Crisis Is Over Thanks To Regulators

It might feel like dodging bullets but the banking crisis of the last days is actually great news for investors. While I sympathise with those who have lost money in these collapses, the bigger issues are what are key to most of us. We should accept...
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