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Biden’s consumer watchdog pushes for 11th-hour stable rule before Trump arrives

As cryptocurrency fan Donald Trump prepares to take the reins of government, the US Consumer Financial Protection Bureau has outlined new regulations that would significantly impact stablecoin issuers and wallet providers, although the future of the proposal remains uncertain. On Friday, the CFPB took the first procedural step to open for public comment a proposal […]

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DOGE will “never cost you $1 billion” in the future, says Dogecoin team

PK Press Club – The official last. The post was inspired by the recent news that the 10,000 Bitcoins spent by Laszlo Hanyecz, who bought a pizza with BTC in 2010, has now reportedly turned into $1 billion. The post focused on the Dogecoin payment utility which they claim outperforms that of the world’s largest

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Hot DeFi platform typically faces backlash as protocol update triggers sell-off

Usual Protocol, a promising decentralized finance (DeFi) protocol that has seen a remarkable rise in recent months, faced community backlash on Friday after an adjustment to the protocol’s yield-generating token triggered a sell-off massive on secondary markets. Amid the turmoil, the protocol’s USD0++ token, which represents a locked — or staked — version of its

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Leading Contestant Satoshi’s $10 Million Bitcoin Prediction Surfaces After 16 Years By PK Press Club

PK Press Club – A remarkable prediction by Hal Finney, one of the most prominent early pioneers, has resurfaced after 16 years. Bitcoin historian Pete Rizzo reignited interest in the iconic prediction in a recent tweet. Sixteen years ago, Hal Finney predicted a future Bitcoin price of $10 million when the cryptocurrency was still valued

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US law enforcement chief behind CFTC crypto cases leaves before Trump arrives

Enforcement Director Ian McGinley will leave the Commodity Futures Trading Commission in a week, ending a relatively short tenure that saw some high-profile crypto cases. He arrived at the agency in February 2023, a month before the CFTC sued Binance and its then-CEO Changpeng Zhao for violating U.S. commodities laws. During his tenure, he also

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German Policymakers Working on New Bitcoin Adoption Strategy by PK Press Club

PK Press Club – German policymakers are considering the options needed for the country to adopt (BTC) and become competitive in the digital currency space. This was part of the discussions at a recent blockchain roundtable at the German Parliament. Patrick Hansen, senior director of European strategy and policy at Circle, revealed this in an

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Cybercrime Damage Highlights Need for Scalable Decentralized Infrastructure

Recent figures reveal that cybercrime has inflicted losses of $298 billion on German businesses alone in 2024, with 90% of companies surveyed expecting the damage to increase further. The main targets? Sensitive data such as intellectual property, patents and user identifiers. These alarming statistics highlight the urgent need for a more secure and scalable data

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Kenya prepares to legalize cryptocurrencies in policy shift: report

Kenya’s Treasury Secretary John Mbadi said the country was preparing legislation to legalize cryptocurrencies, a change from the government’s previous warnings against the industry. “The emergence and growth of virtual assets (VAs) and virtual asset service providers (VASPs) have given rise to innovations in the local and international financial system with dynamic opportunities and challenges,”

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Ushering in a new era for AI-driven blockchain solutions by PK Press Club

Dubai, United Arab Emirates, January 10, 2025, PK Press Club ChainGPT (CGPT), a pioneer in blockchain AI solutions, is excited to be listed on Binance, the world’s leading cryptocurrency exchange. The inclusion of ChainGPT (CGPT) on Binance represents an important development for both the project and users of the exchange. ChainGPT focuses on using AI

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