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Showing posts from April 26, 2024

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

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A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/a6nKJSX

Stablecoins Gain Ground as Global Financial Asset

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According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in the U.S., such as the Lummis-Gillibrand Payment Stablecoin Act, aim to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/a6nKJSX

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves

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The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily tradable, given their use in international payments. Swiss National Bank on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/a6nKJSX