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  • New York Financial Regulator Targets Firms Pooling Cryptocurrency Funds

    New York Financial Regulator Targets Firms Pooling Cryptocurrency Funds

    January 23 (Reuters) – New York’s top financial regulator will issue new guidance on Monday requiring companies to separate clients’ crypto assets from their own following alleged mixing of funds on bankrupt crypto exchange FTX and its trading subsidiary Alameda Research. resulted in huge losses for customers. The New York State Department of Financial Services […] More

  • Cryptoverse: Bitcoin is back with a bonus

    Cryptoverse: Bitcoin is back with a bonus

    January 17 (Reuters) – Bitcoin will be at its peak in 2023, knocking the cryptocurrency market off the ground and electrifying the bonk, the new meme coin. The #1 cryptocurrency is up 26% in January, jumping 22% in the last week alone, breaking the $20,000 level and reaching its best month since October 2021 – […] More

  • Yellen warns of US default risk by June, calls for higher debt limit

    Yellen warns of US default risk by June, calls for higher debt limit

    WASHINGTON, Jan 13 (Reuters) – Treasury Secretary Janet Yellen said on Friday that the United States is likely to exceed its $31.4 trillion legal debt limit on January 19, forcing the Treasury Department to take emergency cash management measures. , which is likely to prevent default ahead of schedule. June. “Once the limit is reached, […] More