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The Block Earner case is the latest in Australia’s legal challenges surrounding regulating crypto-related financial services. It shows ongoing regulatory uncertainty around whether yield-generating crypto products fall within the scope of existing financial laws. This is not the first time ASIC has faced a crypto firm in court. In 2023, the regulator took action against Finder Wallet and BPS Financial over similar allegations related to interest-earning crypto products.
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Donald Trump’s re-election has led to expectations of major changes in U.S. cryptocurrency regulations. Recent executive orders suggest that regulatory changes could soon affect the cryptocurrency industry. In an interview with Cryptonews, William Quigley, co-founder of Tether and WAX, shared his insights into what the next four years under Trump could mean for the industry.
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Sang quá
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Movement Labs Acknowledges Mistakes After Binance Uncovers $38M MOVE Token Scandal The Movement blockchain, which launched its mainnet beta and native token last December, has faced growing criticism since March, when Binance identified and froze the profits of a market maker allegedly liquidating large quantities of MOVE tokens.
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The Russian Finance Minister, Anton Siluanov, stated early last year that his ministry did not expect crypto mining tax incomes to be “significant.”
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Surveys show overwhelming support for financial modernization, with 86% of Canadians saying the system needs reform, 80% finding it unfair, and 76% believing it’s outdated.
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Donald Trump’s re-election has led to expectations of major changes in U.S. cryptocurrency regulations. Recent executive orders suggest that regulatory changes could soon affect the cryptocurrency industry. In an interview with Cryptonews, William Quigley, co-founder of Tether and WAX, shared his insights into what the next four years under Trump could mean for the industry.
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Trump’s Second Term and the Future of Crypto Regulation Trump’s signals of potential changes in crypto regulations contrast sharply with previous administrations’ inconsistent approaches.
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Although that volume normalized, it spiked again by 223% after Donald Trump’s election and the group’s subsequent relisting as a foreign terrorist organization.
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How are escalating U.S.-China tariffs impacting global supply chains? The tariff conflict between the U.S. and China is majorly disrupting established supply chains, as companies seek alternative manufacturing locations to sidestep rising costs. This will likely lead to production delays and higher operational expenses, especially for industries like electronics and textiles that are deeply tied to Chinese manufacturing. The broader economic fallout includes potential job losses in affected regions and huge shifts in global trade patterns.
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China Hits Back With 84% Tariffs on U.S. Goods, Bitcoin Drops to $76K
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How Tether Co-Founder William Quigley Views Crypto Regulations in Trump’s Second Term
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President-elect Donald Trump on Thursday night named venture capitalist and ex-PayPal COO David Sacks as his administration’s “AI and crypto czar.” “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump said in a Truth Social post. “David will focus on making America the clear global leader in both areas.”
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