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China Cracks Down on Crypto Transfers with Stricter Foreign Exchange Rules

Key Takeaways: China enforces stricter foreign exchange rules to monitor cross-border cryptocurrency transactions and curb illegal outflows. The regulations mandate banks to flag suspicious activity, implement AML measures, and report irregularities. Analysts predict reduced crypto liquidity, compliance hurdles, and shifts toward decentralized finance amid tightened oversight and global regulatory trends. China has introduced new foreign…

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Vitalik Buterin Sends $170K in ETH to Defend Tornado Cash Developers in Court

Key Takeaways: Vitalik Buterin donated 50 ETH, worth $170,000, to support Tornado Cash developers’ legal defense. His contribution to Justice DAO funds Roman Storm and Alexey Pertsev, accused of money laundering through a crypto-mixing protocol. Storm faces trial on April 14, while Semenov remains at large, raising debates about privacy tools and regulatory compliance in…

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2024 Fiat-Pegged Economy Swells as Stablecoins Reach $200B, Tether’s Market Soars 50% and New Players Emerge

The stablecoins market has exceeded $200 billion in total valuation by December 31, 2024, with Tether’s market growing by 50%. Learn how newer stablecoin players like Ethena's USDE are reshaping the market. Stablecoin Market Hits $200 Billion, Tether’s Dominance Grows As of December 31, 2024, the stablecoin market has surged past the $200 billion mark,…

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Crypto Market Cap Surpasses Global Inflation-Linked Bond Market in Q4 2024: Grayscale Report

Grayscale's Q4 2024 report reveals the crypto market cap exceeded the global inflation-linked bond market, surging from $1 trillion to over $3 trillion. Learn more about the growth and competition in smart contract platforms. Crypto Market Cap Surpasses Global Inflation-Linked Bond Market in Q4 2024 In the last quarter of 2024, the cryptocurrency market capitalization…

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Elon Musk’s ‘Kekius Maximus’ Name Change Sparks 1,500% Surge in KEKIUS Meme Coin Value

Elon Musk’s 'Kekius Maximus' name change has caused KEKIUS meme coin’s value to soar 1,500%, reaching a $156 million market cap. Learn more about this explosive surge. KEKIUS Soars 1,500% Following Elon Musk’s 'Kekius Maximus' Name Change Elon Musk’s recent name change to "Kekius Maximus" on X (formerly Twitter) has led to a meteoric rise…

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Flockerz DAO-Powered Meme Coin Surpasses $8 Million Presale Milestone with 22 Days Remaining

Discover how Flockerz, a DAO-powered meme coin, has raised over $8M in presale. Learn about its vote-to-earn model and limited-time token pricing. Flockerz Presale Reaches $8 Million Ahead of Launch Flockerz (FLOCK), a DAO-powered meme coin, has captured significant attention in the cryptocurrency market, raising over $8.3 million during its ongoing presale. With only 22…

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Swiss Federal Chancellery Registers Bitcoin Initiative to Add Bitcoin to National Bank Reserves

The Swiss Federal Chancellery has registered the Bitcoin Initiative, a proposal to add Bitcoin to Switzerland's national bank reserves. Learn how this could reshape financial systems globally. Swiss Federal Chancellery Officially Registers the Bitcoin Initiative The Swiss Federal Chancellery has formally registered the “Bitcoin Initiative” on December 31, 2024. This initiative, led by Yves Bennaïm,…

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