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news-imageNovember 22, 2024

Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO

The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early next year amid anticipation that the company's court-approved Chapter 11 Plan of Reorganization will be effective by early January 2025.
Publisher: The Daily Hodl
Sentiment: Neutral
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Negative
cover-imageCryptopolitan
November 23, 2024

A friendlier SEC, isn't enough to keep crypto innovation in the US

Crypto advocacy group Coin Center has hinted that crypto innovation could still be threatened despite an incoming crypto-friendly Securities and Exchange Commission (SEC). According to the non-profit group, while Trump's emergence as president might be a positive for the crypto sector, several ongoing cases could deter investors and developers.

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Negative
cover-imageCryptopolitan
November 23, 2024

Fed says US debt is the top threat to economic stability, criticizes stablecoins

The Federal Reserve has declared the US government's $36 trillion debt as the biggest risk to financial stability, pushing inflation and geopolitical tensions down the list. This grim acknowledgment came after the central bank's survey, conducted by New York Fed staff between August and October, which was included in its latest semi-annual financial stability report.

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Positive
cover-imageBeInCrypto
November 23, 2024

Donald Trump Selects Pro-Crypto Scott Bessent as Treasury Secretary

Donald Trump, the President-elect of the United States, has nominated Scott Bessent as Treasury Secretary for his administration. This decision has generated enthusiasm in the emerging industry due to Bessent's pro-crypto reputation.

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Positive
cover-imageCoingape
November 23, 2024

How This Crypto Trader Turned $0 to $5.95 Million?

The crypto market is known for its high-profit opportunities. However, it also has limitations, such as volatility, which often leads to an immediate trend reversal, changing the entire trajectory of crypto trading.

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Positive
cover-imageBitcoin
November 23, 2024

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Funtico's CCO says early Web3 games failed due to poor infrastructure but says the industry has shifted its focus to improving this. Collaboration: A Win-Win for Web2 and Web3 Gaming Doron Wesly, Chief Commercial Officer (CCO) at Funtico, argues that early Web3 games struggled to compete with their Web2 counterparts due to limitations in infrastructure.

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Neutral
cover-imageCoinPedia
November 23, 2024

UK Crypto Regulation 2025: Rivalling EU MiCA with New Stablecoin Rules

The UK is gearing up to present its crypto-regulatory framework in 2025. The announcement, made during the City & Financial Global Tokenisation Summit in London, underscores the Labour government's commitment to balancing innovation with safety in the digital asset space.

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Negative
cover-imageCoinPedia
November 23, 2024

FTX Liquidators Moving Millions: What It Means for the Crypto Market?

If you've been keeping an eye on FTX's bankruptcy proceedings, things just got even more interesting. FTX just made another big move. Recently, liquidators received 1.85 million RAY tokens, worth about $11 million. This could change a lot of things in the crypto market.

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Neutral
cover-imageCoinPedia
November 23, 2024

Trump Reveals Plan for Crypto, Big Tech, and Immigration!

Donald Trump is back in the spotlight with some intriguing nominations for his next administration. Scott Turner, a former NFL player turned government official, has been chosen to lead the Department of Housing and Urban Development (HUD). But that's not all.

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Negative
cover-imageBitcoin
November 23, 2024

Indian Official Expresses Doubts About Crypto: ‘I Am Very Skeptical'

India's financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation's top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency' M. Nagaraju, Secretary of India's Department of Financial Services (DFS), expressed strong doubts about cryptocurrencies during the SBI Banking & Economics Conclave on November 18, 2024.

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Positive
cover-imageYahoo Finance
November 23, 2024

Robinhood Crypto GM talks hopes for regulatory clarity

Bitcoin (BTC-USD) struck above $99,000 in Friday's early hours as the cryptocurrency nears a $100,000 milestone in its post-2024 election rally. Crypto traders have become even more optimistic around Securities and Exchange Commission (SEC) Chair Gary Gensler's plans to step down in January and what that could signal for crypto regulation under a second Trump administration.

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Negative
cover-imageBitcoin
November 23, 2024

US Regulator Publishes Crypto Guide With Stark FOMO Reminder

The Financial Industry Regulatory Authority (FINRA)'s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets.

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Negative
cover-imageCryptopolitan
November 22, 2024

Crypto users were at risk 6 months after Apple promised system security

Crypto users could have been at risk due to Apple's security flaw, especially those using Intel-based MacBooks. Changpeng Zhao (CZ), the former CEO of Binance, recently took to X to sound an alarm, urging users to update their Apple devices immediately.

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Positive
cover-imageBitcoinist
November 22, 2024

Crypto Confession: Incoming CEO Of Investment Giant Wishes He'd Bought In

The US Bitcoin and crypto market have been on uncharted waters recently, and many are excited and optimistic. Charles Schwab, a leading financial company with $7 trillion in assets, is one of the recent companies taking an interest in this “hot industry.

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Neutral
cover-imageBitcoin
November 22, 2024

Australia Seeks Public Input on Crypto Tax Reporting

The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)'s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country's implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov.

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Positive
cover-imageCryptopolitan
November 22, 2024

What's next for cryptos Gary Gensler's SEC targeted?

The year is 2024; Bitcoin is setting new all-time highs, and Trump's crypto-friendly administration has not even resumed office yet. Gary Gensler, who suffocated crypto firms like Binance and besieged tokens like XRP, has shared his plans to step down.

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Positive
cover-imageCryptonews
November 22, 2024

Blockchain Association Calls on Trump to Prioritize Crypto in First 100 Days

The Blockchain Association has urged President Trump to prioritize cryptocurrency regulatory reforms in his first 100 days, advocating for a clear framework to support innovation and end the debanking of crypto companies. The post Blockchain Association Calls on Trump to Prioritize Crypto in First 100 Days appeared first on Cryptonews.

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Neutral
cover-imageCryptoSlate
November 22, 2024

Trump's election win revives push for comprehensive crypto reforms

Following Donald Trump's election as the new US President, regulators are pushing for crypto market reforms, from establishing regulatory sandboxes to allowing tokenized funds' shares as collateral in traditional derivatives trading.

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