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The recent decision by the SEC to close its investigation into Ethereum 2.0 is a significant win for the Ethereum community. This determination that sales of ETH are not securities transactions comes after a letter from Consensys seeking clarity on the matter. Following the approval of ETH ETFs based on ETH being classified as a
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Ethereum has shown promising signs of a fresh increase from the $3,350 support zone. This marks a significant improvement in the performance of ETH compared to Bitcoin. With this upward trend, Ethereum might aim to climb further towards the $3,650 resistance level. The cryptocurrency has gained momentum from the crucial $3,365 support zone, demonstrating strength
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The US Securities and Exchange Commission (SEC) has recently expressed concerns regarding Circle’s stablecoin, USDC, as the company moves forward with plans to go public through a multi-billion dollar initial public offering (IPO). Regulatory documents obtained by Barron’s on June 18 revealed that the SEC has raised issues related to the potential classification of USDC
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Brazil’s Special Department of Federal Revenue is taking proactive measures to ensure that foreign crypto exchanges are complying with local regulations. The tax department will be collecting information from these exchanges to understand their operations, interactions with local service providers, and compliance with regulations introduced in 2019. Deputy Secretary of Inspection Andrea Chaves emphasized the
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