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Hong Kong's SFC
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Hong Kong’s SFC Unveils New Roadmap to Strengthen Virtual Asset Market

The Securities and Futures Commission (SFC) has announced a new regulatory roadmap, ASPIRe, outlining 12 key measures to bolster Hong Kong’s position as a global virtual asset hub. Notably, the initiative focuses on enhancing security, fostering innovation, and expanding market growth. Key Pillars of  the SFC’s ASPIRe The ASPIRe roadmap consists of five pillars: Access,…
February 19, 20250Comments

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russian power grid rosseti group
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Russian Power Grid Suffers $14M Loss Due to Illegal Crypto Mining: Local Report

In recent developments, the Rosseti group [the company, which manages electricity distribution in Russia] reported significant losses due to illegal connections by "black" miners, totaling over 1.3 billion rubles in 2024.  Per Tass media local coverage, the most substantial losses were incurred by Rosseti North Caucasus, which faced damages exceeding 600 million rubles, followed by…
February 18, 20250Comments

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tether adecoagro offer
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Tether Seeks to Acquire Majority Stake in Adecoagro with Unsolicited $12.41/Share Offer

Adecoagro S.A. (NYSE: AGRO), a prominent sustainable production company in South America, announced on February 18, that its Board of Directors received an unsolicited non-binding acquisition proposal from Tether Investments S.A. de C.V.  The proposal, dated February 14, 2025, offers to acquire all outstanding common shares of Adecoagro at a price of $12.41 per share,…
February 18, 20250Comments

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austrac
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AUSTRAC Intensifies Oversight on Digital Currency Exchanges

AUSTRAC (the Australian Transaction Reports and Analysis Centre) has intensified its efforts to enforce compliance in the remittance and digital currency exchange (DCE) sectors.  On February 17, the Australian regulator announced actions against 13 providers, with over 50 others under scrutiny for potential non-compliance. Notably, these measures are part of a year-long initiative addressing systemic…
February 17, 20250Comments

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aston martin aramco
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Aston Martin Aramco F1 Partners with Coinbase in First Fully Crypto-Funded Sponsorship

Aston Martin Aramco Formula One Team has announced a multi-year partnership with cryptocurrency exchange Coinbase, marking the first time an F1 team has publicly disclosed a sponsorship deal paid entirely in digital assets.  The agreement, settled in USD Coin (USDC), highlights the growing integration of cryptocurrency within professional sports. Under the deal, Coinbase branding will…
February 14, 20250Comments

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bybit amf blacklist mica
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Bybit Cleared from France’s AMF Blacklist, Sets Sights on MiCA Compliance

Cryptocurrency exchange Bybit has been officially removed from the blacklist maintained by France’s Autorité des Marchés Financiers (AMF) after more than two years of obeying regulatory guidelines. Notably, this milestone positions Bybit for its next major regulatory goal: securing a Markets in Crypto-Assets (MiCA) license to expand its operations across the European Union (EU). Bybit…
February 14, 20250Comments

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tether juventus fc minority stake
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Tether Acquires Minority Stake in Juventus FC to Integrate Digital Assets into Sports Industry

Tether, the largest stablecoin issuer in the digital asset industry, has acquired a minority stake in Juventus Football Club S.p.A., one of the most decorated football clubs in the world.  Notably, the investment marks a strategic move by Tether as it continues to expand its reach beyond stablecoins and into industries such as artificial intelligence…
February 14, 20250Comments

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south korea's fsc
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South Korea’s FSC to Permit Institutions to Liquidate Crypto Donations Starting in 2025

The Financial Services Commission (FSC) of South Korea has announced plans to allow institutions, including law enforcement agencies and non-profit organizations, to liquidate cryptocurrency donations starting in the first half of 2025. The decision was confirmed during the third Virtual Assets Committee meeting held on Feb. 13, 2025, in Seoul. [Press Release] The FSC…
February 13, 20250Comments

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metaplanet
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Metaplanet Secures ¥4 Billion for Bitcoin Expansion and Earns Spot in MSCI Japan Index

Metaplanet Inc. has announced a change in the allocation of funds raised through its recent bond issuance, redirecting JPY 4 billion toward bond redemption while maintaining its commitment to Bitcoin acquisitions. The adjustment was disclosed in a notice released on February 13. According to the notice, the Tokyo-based company had previously planned to allocate JPY…
February 13, 20250Comments

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