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Fake Hong Kong stablecoins start trading while real ones remain absent

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Hong Kong’s central bank has warned that counterfeit tokens are already exploiting the city’s new stablecoin regime, even before a single licensed product has been introduced. In a statement, the Hong Kong Monetary Authority (HKMA) said tokens using the tickers “HKDAP” and “HSBC” are circulating in the market, but have no connection to an authorized […]

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Crypto exchange KuCoin EU hires anti-money laundering talent to appease Austrian regulator, FMA

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The European arm of global cryptocurrency exchange KuCoin has hired anti-money laundering (AML) and compliance experts in a bid to appease its regulator, which recently demanded that the exchange cease operations in Europe due to staff shortages. KuCoin EU, which holds a Markets in Crypto Assets (MiCA) license from the Austrian FMA, has appointed Carmen

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New Disney boss is being tested by Trump and his administration

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In the six weeks since Josh D’Amaro took over Disney, the setbacks have been almost incessant. OpenAI has abandoned its text-to-video conversion tool, Sora, canceling a billion-dollar deal with Disney. A major video game maker has faltered, clouding a partnership that Disney relies on for growth. “The Bachelorette,” on Disney-owned ABC, imploded amid a scandal

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Meta accused of not stopping children from Instagram and Facebook in Europe

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Meta failed to implement necessary safeguards to block children under 13 from Instagram and Facebook, in violation of a European Union law on online safety, officials said Wednesday. Meta does not have an adequate system to identify and remove the accounts of children who flout the social media giant’s age limits, the European Commission, the

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Institutional money is coming for Bitcoin, but Adam Back says it’s moving slower than you think

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The arrival of Morgan Stanley in the American bitcoin spot BTC$77,042.98 The ETF party earlier this month was characterized by some observers as the catalyst that will end the current crypto bear market thanks to the massive distribution power of Wall Street’s $8 trillion advisory network. Not so fast, said Adam Back, CEO of Blockstream,

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Ripple-Linked Token Falls to $1.38 After Breaking Key Support Zones

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XRP lost $1.40, and it didn’t happen quietly. The level held for weeks, but once it gave way, the price quickly fell and did not regain it. This change is important because when support breaks on significant volume, it typically turns into resistance, which changes how traders position around it. News context • Bitcoin dominance

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Canada Proposes Banning BTC ATMs as Fraud Cases Rise

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Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for fraudsters. The measure, included in the Liberal government’s spring economic update released Tuesday, would eliminate crypto ATMs nationwide. Officials described the machines as a “primary

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Bitcoin surges to $77,000 ahead of Fed decision as Trump prepares for long Hormuz blockade

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Bitcoin does nothing while everything moves around it. The largest cryptocurrency hit just under $77,000 during Asian hours on Wednesday, up just 0.1% over 24 hours and down 0.8% for the week, maintaining a narrow band even as Brent crude topped $111 a barrel according to a Wall Street Journal report that President Donald Trump

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Visa partners with Tether co-founder to create on-chain banks

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Visa (V) is working with blockchain-based stablecoin infrastructure company WeFi, to help establish the “last half mile” that can provide users with robust on-chain payments and banking services, the companies announced Tuesday. WeFi, co-founded by former Tether OG Reeve Collins, describes its platform as “an orchestration layer between decentralized finance (DeFi) and regulated payments infrastructure,

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