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The recent announcement by the SEC regarding the closure of its investigation into Ethereum 2.0 has been met with enthusiasm within the Ethereum community. This decision comes after a letter from Consensys seeking clarity, and it signifies a major win for Ethereum developers, technology providers, and industry participants. The Enforcement Division of the SEC confirmed
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Brazil’s Special Department of Federal Revenue has announced new measures to ensure that foreign crypto exchanges are compliant with local regulations. This move signals the government’s commitment to regulating the booming cryptocurrency market within its borders. Unlike local exchanges in Brazil, foreign companies have not been required to report their transactions. This lack of transparency
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Asset tokenization, including the tokenization of securities, has been recognized by SEC commissioner Mark Uyeda as having significant potential benefits. One key advantage of representing asset rights with a digital token on a blockchain is the increased security, transparency, and immutability it offers. By utilizing tokenization, the need for intermediaries can be eliminated, leading to
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The recent price crash of Bitcoin, after briefly hitting $69,000, has left many investors wondering about the future of the cryptocurrency. However, despite this dip, the bulls have managed to hold up support above $67,000, indicating that there is still bullish sentiment prevailing in the market. Many are still optimistic about Bitcoin’s price potential, expecting