The Financial Conduct Authority has told unregistered crypto firms to close down and return funds to investors, in line with a schedule laid out by the regulator at the start of last year.
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South Korean gaming giant Nexon has denied that it plans to acquire crypto exchange Bithumb, as local media outlets claimed last week.
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A flurry of bitcoin futures liquidations triggered a broader market response, trading execs say. On Monday, the price of bitcoin fell below $31,000.
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