regulatory uncertainty
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The Battle Over Stable Currencies: Paradigm Challenges the SEC’s jurisdiction over Terra’s UST
On April 25th, Rodrigo, the legal director of Paradigm, said on Twitter: \”Paradigm submitted a amicus curiae briefing in the US SEC\’s lawsuit against Terra and Do Kwon. Paradigm is
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The Downturn in the A-Share Market: Understanding the Impact on the Blockchain and Digital Currency Sectors
According to news, the A-share market opened with the Shanghai Composite Index at 3364 points, a decrease of 1.95%, the Shenzhen Composite Index at 11729.8 points, a decrease of 2.
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The ASAP Program: Buying and Selling Real Estate with Cryptocurrencies
According to reports, the real estate data platform MyEListing has partnered with Millennium Title and Championship Title to integrate with Coinbase Commerce, allowing customers to
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Architect Financial Technologies Launches Platform for Institutional Clients
According to reports, Architect Financial Technologies, a joint venture established by former FTX.US President Brett Harrison, is launching a platform to help its institutional cli
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Cryptocurrency Startups Raise $88.5 Million in Funding
According to reports, approximately $88.5 million was raised for cryptocurrency startups this week, with 13 different companies raising funds, a sharp decrease from last week\’s $25
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BTC Valued at $240 Million Withdraws from Coin and Coinbase: The Sixth Largest Single Day Fund Withdrawal
According to reports, data shows that BTC, valued at $240 million after Bitcoin hit the $31000 range, withdrew from the exchange yesterday, mainly from the cryptocurrency exchanges
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Hong Kong Secretary for the Treasury, Carrie Chan: $50 million has been allocated to promote industry development
On April 12th, at the Web3 Hong Kong Carnival Summit held today, Chen Haolian, Acting Secretary for Financial Affairs and Treasury of the Hong Kong Special Administrative Region Go
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Hong Kong to Establish Web3.0 Association and Web3Hub Fund
It is reported that the Hong Kong Web3.0 Association will be officially established on November 11. Its members include Li Feng, chairman of China Mobile Hong Kong, Chen Chun, acad
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The Decline of Investment Activity in the Blockchain Industry: What Does It Mean?
On April 8th, research venture capital data showed a significant decline in investment activity in the blockchain industry in March, with only 59 investment transactions, down from
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Coinbase and Ava Labs Appoint New Overseas Leaders to Explore Emerging Markets
According to reports, several encryption companies, including Coinbase and Immutable, chose to expand their executive teams in March of this year. In addition, due to regulatory un
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According to reports, several encryption companies, including Coinbase and Immutable, chose to expand their executive teams in March of this year. In addition, due to regulatory un
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Classification of Crypto Asset Holdings of Investment Firm NFT Investments PLC
According to reports, investment firm NFT Investments PLC released a classification of its crypto asset holdings for the first quarter of 2023, revealing an unaudited asset value o
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UK Digital Asset Companies See Dwindling VC Investment
On April 2nd, according to data from PitchBook cited by Bloomberg, venture capital investment flowing into UK digital asset companies in the first quarter fell 94% to $55 million c
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The Blockchain Regulatory Certainty Act: What You Need to Know
It is reported that Tom Emmer, the US House of Representatives Majority Party Whip and US Representative, has introduced the Blockchain Regulatory Certainty Act to ensure that deve
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The Encryption Industry at a Crossroads: Can It Survive Without Government Support?
According to reports, the White House Council of Economic Advisers released its annual report this week, stating that the encryption industry is seeking to survive outside the gove
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Anchorage Digital Laying off 20% of Staff due to Regulatory Uncertainty
It is reported that the encryption platform Anchorage Digital will lay off about 20%, or 75 people. The institutional encryption platform and parent company of Anchorage Digital Bank, the first federal chartered encryption bank in the United States, told Bloomberg that the uncertainty of US regulation played a role in its layoff decision. Encryption platform Anchorage Digital layoffs 20% Analysis based on this information:Anchorage Digital, an institutional encryption platform and parent company of Anchorage Digital Bank, has announced that it will lay off about 20%, or 75 people, in its workforce due to regulatory uncertainty. The company is the first federal chartered encryption bank in the United States, and its decision to cut down on its workforce is an indication of the impact that regulatory uncertainty can have on businesses in the industry. Regulatory uncertainty has been a major issue in the cryptocurrency and blockchain industry, with several companies struggling to navigate the ever-changing regulatory landscape. In the case of…
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Digital Asset Investment Products Experience Outflows for Fourth Consecutive Week
On March 6, Coinshares reported that there was a small outflow of digital asset investment products last week, with a total outflow of $17 million, which was t…