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Business · WashingtonThe International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status.
IMF lays out crypto action plan, recommends against legal tender status
50% Center coverage: 16 sources
Mark Zuckerberg · Menlo ParkFacebook parent company Meta Platforms Inc. is launching a subscription service called Meta Verified that will include a handful of additional perks and features, including account verification badges for those who pay.
Meta Launches Subscription Service for Facebook and Instagram
47% Center coverage: 195 sources
TwitterCaitlin Lengthy, CEO of crypto financial institution Custodia, criticized the U.S. authorities for its dealing with of a large crypto fraud that occurred months earlier than the corporate's collapse. She made her remarks in a weblog put up after disclosing proof to regulation enforcement.
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry – Regulation Bitcoin News
Business · New YorkPaxos officially announced that it would end its relationship with Binance for the branded USD-pegged stablecoin BUSD.
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
62% Center coverage: 8 sources
BusinessThe SEC is considering a ban on cryptocurrency staking for retail customers in the U.S. Staking is the process of owners of cryptocurrencies depositing the tokens back into a blockchain to receive rewards. It is central to validating “proof-of-stake” (PoS) blockchains such as Ethereum.
Coinbase CEO Frets Over 'Rumors' Of US SEC Getting Rid Of Retail Crypto Staking - Coinbase Global (NASDAQ:COIN)
50% Center coverage: 4 sources
Europe · AnkaraThe 7.6 magnitude earthquake and 7.5-magnitude aftershock that struck Syria and Turkey on February 6, 2023, played a crucial role in the rescue and recovery efforts. Since 2000, the charter has been activated 797 times in more than 154 countries. 17 member space agencies have joined forces to provide free satellite imagery as quickly as possible.
Here’s how you can help victims of the Turkey and Syria earthquakes
36% Left coverage: 107 sources
NFTOrdinals protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content. Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. The data size of these inscribed transactions are much more than those typically conducted on the blockchain.
Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out
100% Center coverage: 4 sources
Department of JusticeCrypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates. The probe is investigating Silvergate's hosting of accounts linked to former FTX CEO Sam Bankman-Fried's businesses. Silvergate was heavily impacted by the collapse of FTX in November, reporting a $1 billion loss last quarter.
Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
67% Center coverage: 3 sources
