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The-eu’s-ai-regulations-sparked-a-letter-signed-by-160-tech-execs

The EU’s AI regulations sparked a letter signed by 160 tech execs

As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations. An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI)…
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Investor-enthusiasm-for-coinbase-shares-may-prove-short-lived:-berenberg

Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg

Coinbase (COIN) shares have jumped more than 30% since June 15 following news that Blackrock (BLK) filed an application for a spot bitcoin (BTC) exchange-traded-fund (ETF), outpacing the 20% gain in the bitcoin price over the same period, investment bank Berenberg said in a research report Thursday.“We believe the surge in Coinbase’s share price was…
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Bitcoin-steady-near-$31k-after-options-expiry;-dollar-index-rises-before-key-us.-inflation-data

Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data

Bitcoin (BTC) and ether (ETH) kept trading within recent price ranges as the expiry of quarterly options and a strengthening dollar index failed to unsettle investors.At 08:00 UTC, around 150,000 BTC options contracts, worth around $4.5 billion, and 1.2 million ether contracts, worth $2.3 billion, expired on Deribit, the world's leading crypto options exchange. Deribit…
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New-zealand-is-not-exploring-crypto-regulation,-but-recommends-increased-vigilance

New Zealand Is Not Exploring Crypto Regulation, but Recommends Increased Vigilance

The Reserve Bank of New Zealand (RBNZ) has said it won't propose a regulatory approach towards stablecoins and cryptocurrencies, but would recommend increased vigilance, the central bank announced on Friday.“Issues raised by crypto-assets and other innovations do not fall neatly within agency boundaries," said Ian Woolford, Director of Money and Cash, RBNZ. "However, issues such…
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Memecoin-mooky-raises-$900,000-ahead-of-its-final-presale-stage

Memecoin MOOKY Raises $900,000 Ahead of Its Final Presale Stage

[PRESS RELEASE – New York, New York, June 30th, 2023] Memecoin Mooky is gearing up for its final presale phase, having raised $900,000 to date. More than just a novel crypto token, Mooky aims to support the environment through a major tree-planting campaign. Mooky will be a community-driven platform whose governance lies in the hands…
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Coinbase-files-request-for-dismissal-of-charges

Coinbase Files Request for Dismissal of Charges

Merely a few weeks after the SEC sued the platform for facilitating unregistered trading with 12 tokens that the agency considers to be securities, Coinbase’s legal representatives have filed for a complete dismissal of the lawsuit, citing concerns regarding the legal authority of the regulator. Prior Approval Disregarded One of the principal arguments laid out…
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South-korea-passes-cryptocurrency-bill-to-tackle-unfair-trading

South Korea passes cryptocurrency bill to tackle unfair trading

South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading. 204 Total views 1 Total shares South Korea’s government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill.On June 30, the National Assembly…
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Binance’s-institutional-clients-remain-optimistic-on-crypto-amid-tough-market

Binance’s Institutional Clients Remain Optimistic on Crypto Amid Tough Market

Binance, the world’s largest cryptocurrency exchange by market value, said its institutional clients are optimistic on the outlook of crypto for the next year and beyond, according to a survey it conducted between March and May 2023.The study, conducted by Binance Research and Binance VIP & Institutional team, surveyed 208 of their clients from March…
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