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BitBulteni

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Policy & Regulation

Page 31

Policy & Regulation

Biden's Withdrawal Partially Increased Bitcoin

US President Joe Biden's withdrawal from the presidential race helped Bitcoin experience a short-lived recovery, but analysts expect this decision to create more uncertainty in the crypto market. On July 21, Biden announced that he would withdraw from the US 2024 presidential elections.

Jul 24, 2024
Policy & Regulation

Critical Step from BlockFi: 100% Refund to Customers

There has been an important development in the bankruptcy process of crypto lender BlockFi. The plan administrator announced the completion of a major transaction that will provide 100% final distribution in the short term for all eligible claims. This statement is considered a great ray of hope for the crypto industry and is good news for BlockFi customers after a long wait.

Jul 23, 2024
Policy & Regulation

Electric Shock to Crypto Mining in Paraguay

In recent years, Paraguay has become an attractive center for the energy-intensive cryptocurrency mining industry with its low electricity costs. However, this situation is in danger with the electricity price increase of the country's electricity distribution company ANDE, which will come into force as of August 1. This increase of up to 16 percent caused sector representatives great concern.

Jul 23, 2024
Policy & Regulation

Hong Kong Stock Exchange Will Bet Against Bitcoin!

Hong Kong is becoming a prominent center in the financial world with its interest in cryptocurrencies. The last step taken in this context is likely to excite investors. The Hong Kong Stock Exchange has breathed new life into the industry with a product that offers the opportunity to invest against Bitcoin, the cryptocurrency with the highest market value.

Jul 22, 2024
Policy & Regulation

South Korea Protects Cryptocurrency Investors with New Regulations

South Korea has learned from the events that shook the cryptocurrency market and enacted comprehensive cryptocurrency regulations for the first time in the country's history. These regulations aim to increase investor security and ensure market stability. Let's look at the details and potential effects of these new regulations together.

Jul 19, 2024
Policy & Regulation

Hong Kong and Cryptocurrency

Hong Kong has recently been taking important steps to consolidate its leading position in the cryptocurrency market. At the center of these initiatives is the Hong Kong Monetary Authority (HKMA), which plays a leading role in the healthy development of the cryptocurrency ecosystem. By evaluating the potential of cryptocurrencies, the HKMA both supports innovative initiatives and takes regulatory steps to protect investors.

Jul 19, 2024
Policy & Regulation

Biden's COVID-19 Test and Harris' Rise

Almost 24 hours after President Joe Biden tested positive for COVID-19, Polymarket bettors began betting that Vice President Kamala Harris would take the Democratic ticket. Bettors on Polymarket's "2024 Democratic Nomination" outcome placed $13.6 million on the odds that Kamala Harris will be elected over Joe Biden.

Jul 18, 2024