Crypto Currency

MicroStrategy Aims to Add $42 Billion in Bitcoin to Its Bag with Aggressive Plan

US-based business intelligence firm MicroStrategy has announced an ambitious plan to increase its Bitcoin holdings. The company plans to raise $42 billion over the next three years, allowing it to… The post MicroStrategy Aims to Add $42 Billion in Bitcoin to Its Bag with Aggressive Plan appeared first on Techreport…

Published 2 days ago in
MicroStrategy Aims to Add $42 Billion in Bitcoin to Its Bag with Aggressive Plan

US-based business intelligence firm MicroStrategy has announced an ambitious plan to increase its Bitcoin holdings. The company plans to raise $42 billion over the next three years, allowing it to…
The post MicroStrategy Aims to Add $42 Billion in Bitcoin to Its Bag with Aggressive Plan appeared first on Techreport…
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Crypto Currency

Marathon Digital acquires 6,474 Bitcoin, reveals $160M in cash for future dip purchases

Marathon Digital’s strategic Bitcoin acquisition highlights a growing trend of corporations using cryptocurrency as a hedge against inflation. The post Marathon Digital acquires 6,474 Bitcoin, reveals $160M in cash for future dip purchases appeared first on Crypto Briefing…

Published 18 hours ago in
Marathon Digital acquires 6,474 Bitcoin, reveals $160M in cash for future dip purchases

Marathon Digital’s strategic Bitcoin acquisition highlights a growing trend of corporations using cryptocurrency as a hedge against inflation.
The post Marathon Digital acquires 6,474 Bitcoin, reveals $160M in cash for future dip purchases appeared first on Crypto Briefing…
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Crypto Currency

Deribit to Migrate All Activities to Its Dubai-Licensed Entity

Deribit, a platform known for offering cryptocurrency options trading, will launch spot and derivatives trading in the UAE on January 1, 2025, migrating all activities to the Dubai-based entity. It plans to transfer USD 50 billion in open interest to its Dubai entity.Moving to DubaiThe announcement…

Published 18 hours ago in
Deribit to Migrate All Activities to Its Dubai-Licensed Entity

Deribit, a platform known for offering cryptocurrency options trading, will launch spot and derivatives trading in the UAE on January 1, 2025, migrating all activities to the Dubai-based entity. It plans to transfer USD 50 billion in open interest to its Dubai entity.Moving to DubaiThe announcement…
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Crypto Currency

Taiwan’s AML Rules Covering Crypto Firms to Take Effect Tomorrow

Taiwan’s Financial Supervisory Commission (FSC) will implement new anti-money laundering (AML) rules for the cryptocurrency industry on November 30, a month earlier than initially planned, The Block reported first.New AML RulesUnder the updated regulations, cryptocurrency companies serving Taiwanese clients must register for AML compliance. Failure to register or adhere to the new rules could result

Published 18 hours ago in
Taiwan’s AML Rules Covering Crypto Firms to Take Effect Tomorrow

Taiwan’s Financial Supervisory Commission (FSC) will implement new anti-money laundering (AML) rules for the cryptocurrency industry on November 30, a month earlier than initially planned, The Block reported first.New AML RulesUnder the updated regulations, cryptocurrency companies serving Taiwanese clients must register for AML compliance. Failure to register or adhere to the new rules could result in up to two years of imprisonment or fines of up to 5 million New Taiwan dollars (around $154,000).The Taiwanese regulator had previously announced that these rules would take effect on January 1…
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Crypto Currency

Bitcoin Is Flying High—These Countries Are Considering a National Reserve

Some countries are mulling a national Bitcoin reserve amid a historic market run-up that has pushed the world’s largest cryptocurrency to new heights in recent weeks. United States President-elect Donald Trump and his allies have repeatedly thrown their support behind a bill to stock the Federal Reserve with the asset…

Published 18 hours ago in
Bitcoin Is Flying High—These Countries Are Considering a National Reserve

Some countries are mulling a national Bitcoin reserve amid a historic market run-up that has pushed the world’s largest cryptocurrency to new heights in recent weeks. United States President-elect Donald Trump and his allies have repeatedly thrown their support behind a bill to stock the Federal Reserve with the asset…
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