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Hong Kong’s Office of the Privacy Commissioner for Personal Data Serves Enforcement Notice to Worldcoin

Hong Kong Halts Worldcoin Activities In a recent development, Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, demanding the cessation of …
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The Future of US Crypto Hangs in the Balance: The Fit21 Dilemma

With Bitcoin’s meteoric rise and the increasing interest from Wall Street, the US crypto industry braces for an impending vote in Washington that could fundamentally reshape the regulatory landscape. The Financial Innovation and Technology for the 21st Century Act (Fit21) …
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Beware Of ‘Hell Money’: Uncovering the Hong Kong Crypto Scam

In a recent shocking revelation in Hong Kong’s crypto landscape, a scam involving “hell banknotes” has resulted in the apprehension of three individuals from a crypto exchange shop in Tsim Sha Tsui. This disconcerting incident has brought to light the …
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Mark Cuban Criticizes SEC Chairman Gensler’s Regulatory Approach Towards Crypto Industry

American billionaire Mark Cuban has criticized Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), for the agency’s aggressive regulatory stance toward the crypto industry. The renowned television personality and crypto advocate has also underscored the necessity of …
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The Unfolding Saga of Sam Bankman-Fried: From Crypto Royalty to Incarceration

Sam Bankman-Fried’s meteoric rise in the cryptocurrency world reached its zenith with the founding of the revolutionary FTX exchange. However, the subsequent cascade of events has painted a starkly different portrait of the former wunderkind. Convicted of orchestrating a multi-billion …
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SEC Counters Coinbase’s Rulemaking Petition for Crypto Industry

The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s recent request for novel regulatory frameworks to govern cryptocurrency operations. The filing of a countermotion on May 10 by the SEC attests to the regulator’s resistance …

