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On December 1, the Missouri Senate introduced a significant piece of legislation, SB 194, aiming to ban central bank digital currencies (CBDCs) from being recognized as legal tender throughout the state. This proposed bill, spearheaded by Senator Brattin, takes a bold stance against the increasing influence of digital currencies, particularly those issued by central banks,
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Ethereum, the second-largest cryptocurrency by market capitalization, has displayed a recent resurgence, rebounding from a crucial support level in the vicinity of $3,500. As market participants observe a cautiously optimistic trend, ETH’s price movements suggest underlying bullish sentiments. This article aims to dissect the current situation surrounding Ethereum’s value changes while outlining potential future trajectories.
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The recent nomination of Paul Atkins as the Chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump heralds a pivotal moment for financial regulation in the United States. Announced via a December 4 post on Trump’s social media platform, Atkins’ endorsement highlights his understanding of the significance of digital assets within
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In recent years, Virtual Private Networks (VPNs) have gained immense traction among internet users, offering an additional layer of privacy and security. According to recent statistics, nearly 95% of American adults are familiar with VPN technology, and around 46% actively use these services, translating to approximately 105 million individuals. With this increase in adoption, VPNs
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The ongoing debate surrounding the banking access of cryptocurrency businesses has reached a decisive moment, as Rep. French Hill has announced intentions to deepen inquiry into the regulatory atmosphere that allegedly seeks to sever these firms from crucial financial services. This mission mirrors concerns voiced by notable industry stakeholders, underscoring the mounting unease about the
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As of the latest market observations, Bitcoin (BTC) is demonstrating a consolidated behavior near the $95,000 mark, having faced a tumultuous period recently. This price point signifies a crucial battleground for bulls and bears alike as traders scrutinize the asset’s movements with cautious optimism. For Bitcoin to engage in a meaningful uptrend, it must successfully
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Woori Technology, a prominent venture capital firm in South Korea, is contemplating the divestment of its stake in Dunamu, the operator of the widely-used Upbit cryptocurrency exchange. As the leading crypto trading platform within South Korea, Upbit has become a focal point for both local traders and international investors. Woori’s financial involvement spans back to