Australia’s national financial intelligence agency would receive powers to restrict or ban crypto ATMs under new draft legislation in the works from the country’s minister for cybersecurity and home affairs, Tony Burke. Burke said during a speech at the National Press Club on Thursday that the draft legislation will give the Australian Transaction Reports and…
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Bank of England Deputy Governor Sarah Breeden has clarified that the central bank’s plan to restrict stablecoin holdings and transaction size will only be a temporary measure to ensure stability in the financial system. The proposed limits on stablecoins were first floated in a November 2023 discussion paper as a means to ensure financial stability.…
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The number of public companies holding Bitcoin rose 38% between July and September, in a sign that “large players are doubling down, not backing away” from Bitcoin, according to an analyst. Crypto asset manager Bitwise found in its Q3 Corporate Bitcoin Adoption report, citing data from BitcoinTreasuries.NET, that 172 companies now hold Bitcoin (BTC), with…
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“Smart traders” picked up more Bitcoin and altcoins last week as retail investors overreacted to US President Trump’s 100% tariff against China, according to onchain analytics platform Santiment. “Retail’s emotions often dictate that Bitcoin’s and altcoins’ prices are about to do the opposite,” Santiment analyst Brian Q said in a blog post on Monday. The…
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The Trump administration is reportedly “leaning toward a pardon” for Binance co-founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering charges in 2024 and spent four months in prison. According to New York Post columnist and Fox correspondent Charles Gasparino, sources close to Zhao said that Trump insiders believe the case against CZ was…
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A privacy coalition has urged the Irish government to abandon work on a pre-draft bill that would grant law enforcement access to encrypted messages. Ryan Polk, an author at the Global Encryption Coalition (GEC), which advocates for and defends encryption worldwide, penned an open letter on Thursday, arguing that legislation proposed by Minister for Justice…
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Messaging app Telegram founder and CEO Pavel Durov warns that a “dark, dystopian world” is approaching, with governments worldwide rolling back privacy protections. “I’m turning 41, but I don’t feel like celebrating. Our generation is running out of time to save the free internet built for us by our fathers,” said Durov in an X…
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Shares in Bitcoin miner IREN and treasury company Kindly MD have closed with losses on Tuesday after each announced multimillion-dollar convertible note deals amid a slowdown in venture capital activity in the crypto sector. Shares in IREN (IREN) finished Tuesday’s trading session with a gain of 6.81% but dropped 4.9% after the bell to trade…
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Pantera Capital general partner Cosmo Jiang said investors who have missed out on the cryptocurrency wave still have a chance to get in, as most people don’t own any. Bitcoin recently crossed over $126,000 for the first time, hitting its new all-time high, but Jiang said in a Monday episode of CNBC’s Fast Money that…
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The European Union is reportedly considering sanctions against A7A5, a Russian ruble-backed stablecoin that’s the world’s largest non-US-dollar pegged stablecoin. The sanctions would prohibit EU-based organizations and individuals from engaging directly or indirectly through third parties with the token, according to a report from Bloomberg on Monday, citing documents related to the proposal. Several banks…
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