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U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’

U.S. crypto exchange Coinbase’s petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.

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Author: Jesse Hamilton

SEC denies Coinbase petition for new crypto rulemaking, Gensler says

The SEC has denied crypto exchange Coinbase’s ask for digital asset regulation, arguing that current rules already apply. 

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Author: Sarah Wynn

Red Bull Formula 1 team drops NFTs after dominant season

After cleaning up on the Formula 1 circuit in 2023, Red Bull’s team is dropping digital collectibles to commemorate the year.

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Author: RT Watson

Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report

Stablecoins’ widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.

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Author: Sheldon Reback

Solana Rally Sees FTX’s Holdings Grow to $3.3B, Setting Claims Market on Fire

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Author: Ian Allison

Cosmos Layer 1 Namada allocates 3% of token supply to incentivized testnet users

Namada, a multi-chain privacy Layer 1, introduces an incentivized testnet offering 3% of its total supply as rewards.

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Author: Vishal Chawla

First Mover Americas: Bitcoin Ends the Week in Muted Mood

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Jamie Crawley

Solana phone sells out in US as traders spot arbitrage with bonk’s skyrocketing price

The recent rally in the price of bonk tokens has created a strange price arbitrage, leading to high sales of the Solana phone.

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Author: Tim Copeland

Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves

The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.

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Author: Ian Allison

Qredo shutters derivatives exchange Ankex, Michael Moro departs

A cash crunch at Qredo has forced it to shutter a hybrid exchange project that launched in beta just a few months ago.  

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Author: Ryan Weeks


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