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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…

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US State Wants to Lead Cryptocurrency Acceptance: Colorado Will Accept Cryptocurrency for Tax Payments This Summer

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The US state of Colorado is preparing to accept cryptocurrencies for tax payments, Governor Jared Polis said. “We hope to accept crypto this summer,” he said, adding that after taxes are paid, crypto will be accepted for other things, like driver’s licenses or hunting permits. Colorado will accept cryptocurrencies for tax payments Colorado Governor Jared…

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Drake Wins Over $1 Million Bitcoin in Super Bowl Bet

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Superstar rapper Drake won two of his three Super Bowl LVI bets, taking home over $1 million in bitcoin winnings. Viral Canadian rapper Drake made waves last week when he placed over $1.26 million worth of BTC in bets for Super Bowl LVI, using Instagram to show the world his bet on Bitcoin casino and…

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Bitcoin fund created for Canadian truckers

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Canadian truckers currently fighting vaccine mandates in their home country found solace in bitcoin after fundraising platform GoFundMe halted donations they were supposed to receive. Canadian truckers get what they need through BTC Canadian truckers have gathered in their country in recent weeks and have formed what is known as the “Freedom Comvoy.” Truckers are…

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How this US bank will offer Bitcoin and Ethereum through the Bakkt platform

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Bakkt recently announced that Hanover Bank will integrate with its platform to expand access to Bitcoin and Ethereum. The New York-based financial institution will be part of Bakkt’s early adopter program and will be able to connect to the crypto platform through its mobile banking app. Related Reading | Mastercard integrates with Bakkt, merchants will…