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Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the Financial Services Committee hearing.

The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities.

Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.

Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.

The 118-day Hollywood actors’ union strike came to an end with an agreement on AI usage, though not everyone in the industry sees it as the right move.

Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event held in Dubai.

Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023.

Gresham’s law suggests “bad money drives out good,” making people hoard cryptocurrencies using traditional currencies for daily transactions.

2023 saw an overall trend reversal as crypto entrepreneurs took charge of the situation and helped regain investor confidence.

The hackers say they have nabbed the data of about 300,000 users of Coin Cloud residing in the United States and Brazil.