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In 2024, Kazakhstan has taken significant steps to reinforce its regulatory framework surrounding cryptocurrencies, focusing specifically on illegal exchanges operating within its borders. The Financial Monitoring Agency (AFM) has reported the dismantling of 36 unauthorized crypto exchanges, which collectively processed over $100 million in transactions. These decisive actions signal a proactive approach by the Kazakhstan
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South Korea is on the brink of a revolutionary change in its approach to cryptocurrency regulations, particularly for institutional investors. Recent reports indicate that the Financial Services Commission (FSC) is preparing to relax existing restrictions, potentially unveiling a new framework that would allow institutional players greater access to the digital asset market. Up until now,
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The volatile nature of the cryptocurrency market has once again come to the forefront, illustrating just how susceptible digital assets are to dramatic price swings. In a striking example, Bitcoin (BTC) experienced a rapid decline from over $102,000 to around $95,200 within a mere 24-hour timeframe. This significant drop speaks volumes about the erratic behavior
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Ethereum, the second-largest cryptocurrency by market capitalization, is currently trading below last year’s peaks while investors keep a watchful eye on market trends. As the crypto community speculates about the upcoming “Altseason”—a period characterized by significant altcoin rallies—enthusiasm persists despite the current consolidation phase. Analyst sentiments, combined with historical price movements, indicate potential breakthroughs in
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Rostin Behnam, the Chair of the US Commodity Futures Trading Commission (CFTC), has officially announced his resignation effective January 20. This date is significant as it aligns with the inauguration of President-elect Donald Trump, providing an opportunity for the new administration to appoint an interim successor. The transition represents a crucial juncture for the CFTC,
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The cryptocurrency landscape has faced remarkable transformation in recent years, and the overwhelming popularity of Spot Bitcoin Exchange Traded Funds (ETFs) has raised new challenges, particularly regarding Bitcoin’s supply dynamics. Recent data indicates a stark imbalance between the demand generated by these ETFs and the actual supply of mined Bitcoin. As a result, analysts are
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