Strategy (NASDAQ:MSTR)- the worldβs biggest corporate holder of Bitcoin- purchased 6,556 coins for about $555.8 million, a filing showed on Monday.
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Whether Tornado Cash could be sanctioned to begin with has been a point of contention for the crypto industry. The Fifth Circuit ruling sparked a rally in the TORN token's price and raised hopes that it would be more difficult for the U.S. government to block legal uses of mixers.
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Banks should also consider ease of integration into existing systems, as well as the ability to support future product and revenue streams. Integrating crypto custody into core banking systems can help to optimize revenue opportunities, operational efficiency and time-to-market.
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