The UK Treasury is making new rules to regulate cryptocurrency markets. They aim to police these digital assets and address potential risks. The move follows growing global attention on how to oversee the crypto space. It's part of a broader effort to bring more stability and oversight. The details are still being drafted.
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Bitcoin is holding just under $90K after recent selling. Buyers are defending a mid-level area, though the overall momentum still looks soft. The current price action offers a brief pause. However, the bigger picture shows institutional investors staying cautious.
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Police shut down a cryptocurrency mixing service. They say it was used to launder money for criminals. The service let people hide where their crypto came from. Now, its website and servers are seized. This is a big move against illegal crypto activity.
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