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crypto news
Hashdex's strategy sets it apart from recent submissions, as it will not rely on the Coinbase surveillance sharing arrangement. Instead, the company chooses to obtain spot Bitcoin from physical exchanges operating within the CME market.
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The CEO of Independent Reserve, Adrian Przelozny, has announced a strategic partnership with PayPal to counteract the growing limitations imposed by traditional banks on cryptocurrency exchange transactions in Australia.
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In a motion submitted last Friday, Coinbase is urging a judge to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC) against the company. 
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According to the SEC, Richard Heart conducted three distinct unregistered securities offerings, amassing a total of more than $1 billion in funds.
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Celsius Network, a cryptocurrency lender that faced bankruptcy, has successfully reached two settlements that pave the way for the potential return of assets to customers and the conclusion of its bankruptcy proceedings.
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Based on court documents, the SEC has indicated it is currently "exploring various available options for further examination" regarding the recent ruling.
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Prosecutors claim that the founder deceived investors, leading them to invest billions of dollars into the cryptocurrency lending platform.
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According to multiple reports, including CoinDesk’s, Deutsche Bank has applied for a digital asset licence. In February 2021, the banking behemoth unveiled its intentions to enter the realm of cryptocurrency custody.
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In response to the recent legal action taken against major cryptocurrency exchanges Binance and Coinbase, Commonwealth Bank has implemented restrictions on transfers to high-risk crypto exchanges. 
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On Tuesday, the minister overseeing financial services in Hong Kong announced that the city has decided to allow retail investors to trade cryptocurrency under its new regulatory framework. 
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