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Latest Results from /crypto

/crypto

Bitcoin ATM operator jailed for four years

The operator of a crypto ATM network in the UK has been sentenced to four years in prison in the first such case brought the FCA.

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BofA CEO says bank prepared to launch own stablecoin

Bank of America will look to launch its own dollar-backed stablecoin if US lawmakers make it legal to do so, says CEO Brian Moynihan.

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Crypto prices spike after Trump’s strategic reserve announcement

On Sunday, US President Trump announced the creation of a “US Crypto Reserve” on Truth Social.

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SEC clarifies regulatory status of meme coins

The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance released a staff statement on 27 February 2025 clarifying that meme coins are not considered securities.

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Stripe hits $91.5bn valuation as AI investment pays off

Stripe has announced a tender offer for employees and shareholders that values the payments giant at $91.5 billion, close to its 2021 peak of $95 billion.

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Euroclear and Digital Asset team on tokenised collateral mobility

Post trade body Euroclear and blockchain firm Digital Asset have launched the first phase of the tokenised collateral mobility initiative for the Canton Global Collateral Network (GCN).

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Crypto exchange OKX hit with $505m penalty over AML violations

The operator of the OKX crypto exchange will pay more than $504 million in fines and fees after admitting breaking US anti-money laundering laws.

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Avalanche launches Visa crypto card

The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.

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SEC drops another crypto case

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US's regulation of decentralised finance (DeFi).

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Taurus launches private token standard for banks

Swiss blockchain startup Taurus has released what it describes as an open-source token standard for debt and equity transactions in a move designed to boost the digital assets market.

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SEC drops Robinhood Crypto investigation

Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.

/crypto

Coinbase says SEC has agreed to drop enforcement case

Coinbase is claiming victory in its long-running tussle with the Securities Exchange Commission, stating that the regulator has agreed to drop its enforcement case against the crypto firm.