SEC: Commissioners’ statement not relevant to Ripple’s XRP lawsuit defense
US Securities and Exchange Commission staffers say their appointed leaders’ views do not reflect the agency’s stance on Ripple and XRP.
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Thai crypto miner found dead after suspected electronics accident
Case could be first fatality associated with mining, although hot-running equipment has history of starting fires.
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India central bank plans digital Rupee rollout
India plans to implement the country’s digital currency in phases, Reserve Bank of India’s deputy governor Shri T Rabi Sankar said at a webinar organized by the Vidhi Centre for Legal Policy, New Delhi. Fast facts “CBDC (central bank digital currency) will be in the arsenal of most if not all central banks in the…
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Indonesian regulators play catch-up as crypto investment soars
Indonesia has seen red-hot growth in the crypto asset market, but the country’s regulators are just beginning to get to grips with burgeoning industry and formulate policy responses.
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U.S. crypto miner Core Scientific to list via SPAC merger
U.S. cryptocurrency miner Core Scientific Holding is set to list on the Nasdaq exchange through a merger with a special-purpose acquisitions company, boosting the value of the combined business to around US$4.3 billion. Fast facts Core Scientific, one of the biggest crypto mining companies in the U.S., announced yesterday that it had entered into merger…
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India’s crypto community plays for time as New Delhi dithers on regulation
The prospect of a ban on cryptocurrencies has haunted the industry for years, but it appears to be receding as delayed rules give policymakers time to think before they act.
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Why Thailand’s oldest bank is investing US$110 million in DeFi
In a special Q&A, Mukaya ‘Tai’ Panich of SCB 10X, the venture arm of Siam Commercial Bank, marvels at decentralized finance innovations. ‘Whatever traditional finance has, there’s a parallel version in DeFi.’
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FTX’s $900 million deal. Dogecoin in the doghouse. Digital yuan dragnet.
Top blockchain and crypto news: FTX swells to $18 billion valuation. Etherum and Dogecoin disowned by creators. US pols call for Olympics boycott of e-yuan.
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Crypto miner ships China-based rigs abroad in deal with U.S. fossil fuels firm
Optimum Mining Host-Black Rock Petroleum plan comes as Canaan seeks greener operations through Czech partnership.
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Robinhood seeks market valuation of US$35B in upcoming IPO
Fee-free trading app Robinhood is seeking a market valuation of US$35 billion in its upcoming initial public offering, according to a filing to the U.S. Securities and Exchange Commission. Although the amount is significant, it is lower than the US$40 billion initially estimated, due in part to slow crypto trading in recent months. Fast facts…