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Abu Dhabi Bitcoin News

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May 19th 2022: A new Bitcoin payment proof added,Robinhood to Compete Against Coinbase With Launch of New Crypto and NFT Wallet. Abu Dhabi is the capital and second most populous city in the United Arab Emirates (UAE). Approximately 1.45 million people live in Abu Dhabi – 80% of which are expatriates. It is one of…

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Switzerland is trying to help the growth of cryptocurrencies

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Switzerland is a country that is doing everything to help the reputation of bitcoin. The nation is home to the city of Zug, which is home to what is known as “Crypto Valley,” a region that takes part of its name from Silicon Valley in Northern California. Switzerland is going all out for cryptocurrencies While…

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Huobi plans to launch cryptocurrency ETF in Hong Kong

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Hong Kong-listed fund manager Huobi Technology plans to launch an exchange-traded fund (ETF) that tracks popular cryptocurrencies. The company, which is a subsidiary of popular cryptocurrency exchange Huobi Global, aims to target retail investors with the planned ETF. Huobi has written to the Hong Kong Securities and Futures Commission (SFC) and intends to structure the…

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Goldman Sachs features cryptocurrencies, metaverse and digitization on its home page

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Global investment bank Goldman Sachs has changed its home page to include crypto, metaverse, and digitization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ home page now reads. Goldman Sachs home page now includes encryption and metaverse Goldman Sachs has updated its home page to feature digitization, including cryptocurrencies…

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U.S. Securities and Exchange Commission rejects two exchange-traded funds (ETFs) Bitcoin Spot

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The US Securities and Exchange Commission (SEC) is denying requests to establish two Bitcoin (BTC) exchange-traded funds (ETFs) based on the spot market. According to SEC filings, the regulator is rejecting NYSE Arca’s offer to amend a rule for listing and trading shares of the NYDIG Bitcoin ETF. The decision comes months after the SEC…

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Wall Street Chads sets the standard for NFTs with an innovative ecosystem

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The NFT ecosystem is one of the most competitive in the blockchain industry, but innovative projects always find a way to stand out from the crowd. One of them is Wall Street Chads, which has caught the attention of collectors, cryptocurrency traders and NFT enthusiasts since its launch in July 2021. Wall Street Chads is…

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Cryptocurrency Mining Facility in New York Causes Too Much Noise for Residents

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Residents of a town called North Tonawanda, New York, aren’t too happy about all the noise created by a nearby digital currency mining facility. Located on Avenida Erie, a street used by several neighborhoods, citizens feel that noise levels are making the area unsafe. Crypto Mining Facility in New York is Quite Noisy One of…

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Lugano, Switzerland will make Bitcoin legal tender

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Lugano will also “roll the red carpet” for Bitcoin and blockchain companies and enthusiasts to flock to the city. The city of Lugano, Switzerland will make Bitcoin legal tender and allow citizens to pay any utility fees or taxes in Bitcoin, city director Pietro Poretti announced at a live-streamed event Thursday alongside the mayor. Michele…

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Japanese Wealth Manager Nomura Will Explore Cryptocurrencies and NFTs with New Unit

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The company said in a statement that it was establishing a new digital company, which would start operations in April, as part of the restructuring. In a move that may suggest growing institutional interest in cryptocurrencies and NFTs, Nomura Holdings announced that it is establishing a new digital asset team to pursue potential opportunities in…