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US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
This week, the SEC informed US investors that memecoins are not classified as securities. As a result, memecoin investors are not required to register their transactions under the Securities Act of 1933.
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USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority
The Dubai Financial Services Authority (DFSA) has officially recognised USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). Firms operating in the DIFC are only permitted to use DFSA-approved tokens, ensuring compliance and mitigating financial risks and potential losses.
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Binance Square Adds New 'Trader Profiles' Feature for Experienced Traders to Share Market Insights, Earn Badges
Binance Square has introduced a new feature named ‘Trader Profiles’ to help experienced crypto traders share market insights with others. Traders who create their Profiles will get the option to share their portfolio overviews as well as the profit and loss percentages on their investments.
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Libra Memecoin Backed by Argentina's President Javier Milei Sparks Rug Pull Concerns: All Details
Argentina's President Javier Milei promoted the Libra memecoin on his official X account last Friday. Within hours of launch, its value skyrocketed and then crashed, sparking rug-pull accusations across social media.
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Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
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Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has said that it will be maintaining a strategic token reserve and use funds from it to invest in promising DeFi projects. The organisation said its aim is to bridge the gap between traditional and decentralised finance.
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Donald Trump's World Liberty Financial Launches 'Token Reserve' To Bolster Cryptocurrencies
World Liberty Financial said its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve.
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WazirX Says Asset Rebalancing Complete, Invites Creditors to Raise Disputes
On February 10, WazirX announced the completion of its Net Liquid Platform Assets (NLPA) rebalancing, aligning token denominations with its assets and liabilities. The exchange has introduced three new tabs on its app and website, allowing users to view their rebalanced portfolio, their balance as of July 18, 2024, and the preliminary creditor list...
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What is Central African Republic Controversial Memecoin Experiment?
On Monday, President Faustin-Archange Touadera of the Central African Republic (CAR) announced on X that his government is launching the $CAR memecoin as an experiment. The government is attempting to see if memecoins can ‘unite people, support national development, and put the CAR on the world stage in a unique way’.
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Opinion | Move Over Middle Class, 'Replicants' Are Coming
Nvidia CEO Jensen Huang envisions everyone in India using AI, creating momentum for an AI flywheel. Or turning India into a token factory for future Replicants, akin to those in the Harrison Ford-starrer 'Blade Runner'.
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Coinbase CEO Concerned About Tokens Flooding Market, Says Thorough Evaluation No Longer Feasible
Coinbase CEO Brian Armstrong has raised red flags on the increasing number of crypto tokens being released into the market on a weekly basis. Owing to this massive influx of new tokens, he said, the evaluation of each token is no longer feasible.
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Hyundai Creta Electric Deliveries To Begin Soon: All You Need To Know
Hyundai Creta Electric can be booked by paying a token amount of Rs 25,000. The EV has a starting price of Rs 17.99 lakh (ex-showroom).
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
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EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
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JioCoin Surfaces on JioSphere Browser as Blockchain-Based Engagement Reward Token, Could Launch Soon
As explained on the JioSphere app, JioCoins are reward tokens based on blockchain that will earn Jio users with rewards. Only people with an India-based mobile number will be able to eligible for JioCoin rewards.
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US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
This week, the SEC informed US investors that memecoins are not classified as securities. As a result, memecoin investors are not required to register their transactions under the Securities Act of 1933.
-
USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority
The Dubai Financial Services Authority (DFSA) has officially recognised USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). Firms operating in the DIFC are only permitted to use DFSA-approved tokens, ensuring compliance and mitigating financial risks and potential losses.
-
Binance Square Adds New 'Trader Profiles' Feature for Experienced Traders to Share Market Insights, Earn Badges
Binance Square has introduced a new feature named ‘Trader Profiles’ to help experienced crypto traders share market insights with others. Traders who create their Profiles will get the option to share their portfolio overviews as well as the profit and loss percentages on their investments.
-
Libra Memecoin Backed by Argentina's President Javier Milei Sparks Rug Pull Concerns: All Details
Argentina's President Javier Milei promoted the Libra memecoin on his official X account last Friday. Within hours of launch, its value skyrocketed and then crashed, sparking rug-pull accusations across social media.
-
Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
-
Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has said that it will be maintaining a strategic token reserve and use funds from it to invest in promising DeFi projects. The organisation said its aim is to bridge the gap between traditional and decentralised finance.
-
Donald Trump's World Liberty Financial Launches 'Token Reserve' To Bolster Cryptocurrencies
World Liberty Financial said its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve.
-
WazirX Says Asset Rebalancing Complete, Invites Creditors to Raise Disputes
On February 10, WazirX announced the completion of its Net Liquid Platform Assets (NLPA) rebalancing, aligning token denominations with its assets and liabilities. The exchange has introduced three new tabs on its app and website, allowing users to view their rebalanced portfolio, their balance as of July 18, 2024, and the preliminary creditor list...
-
What is Central African Republic Controversial Memecoin Experiment?
On Monday, President Faustin-Archange Touadera of the Central African Republic (CAR) announced on X that his government is launching the $CAR memecoin as an experiment. The government is attempting to see if memecoins can ‘unite people, support national development, and put the CAR on the world stage in a unique way’.
-
Opinion | Move Over Middle Class, 'Replicants' Are Coming
Nvidia CEO Jensen Huang envisions everyone in India using AI, creating momentum for an AI flywheel. Or turning India into a token factory for future Replicants, akin to those in the Harrison Ford-starrer 'Blade Runner'.
-
Coinbase CEO Concerned About Tokens Flooding Market, Says Thorough Evaluation No Longer Feasible
Coinbase CEO Brian Armstrong has raised red flags on the increasing number of crypto tokens being released into the market on a weekly basis. Owing to this massive influx of new tokens, he said, the evaluation of each token is no longer feasible.
-
Hyundai Creta Electric Deliveries To Begin Soon: All You Need To Know
Hyundai Creta Electric can be booked by paying a token amount of Rs 25,000. The EV has a starting price of Rs 17.99 lakh (ex-showroom).
-
US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
-
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
-
JioCoin Surfaces on JioSphere Browser as Blockchain-Based Engagement Reward Token, Could Launch Soon
As explained on the JioSphere app, JioCoins are reward tokens based on blockchain that will earn Jio users with rewards. Only people with an India-based mobile number will be able to eligible for JioCoin rewards.
