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South Korea awards security certificate to first cryptocurrency company

Regulation and compliance are the buzzwords if a company is to be successful in the current legal environment of the cryptocurrency industry. Many companies around the world are stepping up their self-regulatory and enforcement efforts to comply with the law. Presumably a crypto trust company in South Korea was the first to be certified for…

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El Salvador buys first 200 BTC, confirms President Bukele

El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be of net benefit to the economy and society. The President of El Salvador, Nayib Bukele, confirmed on Monday that his government had bought its first 200 Bitcoin (BTC) before…

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Chopped cream finance; Lose $ 34 million in digital assets

People came by again. Another encryption trick is in the books. This time, the victim is a platform called Cream Finance, which is reporting losses of around $ 34 million at the time of writing. Cream Finance loses a lot of money The money was raised after a hacker exploited an opening in the company’s…

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Japanese financial giant SBI sets up crypto funds

The Japanese financial conglomerate SBI Holdings is launching a crypto fund that will invest in several cryptocurrencies. “I want people to keep it along with other assets and see how useful it can be for diversifying portfolios,” said a company executive. SBI Holdings launches crypto funds SBI Holdings Inc. announced plans to launch a crypto…