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Cryptocurrency Exchange · IndiaIndia's financial crime-fighting agency said on Friday that it has frozen the assets of WazirX. The federal Enforcement Directorate (ED) said that it froze assets worth 646.70 million rupees ($8.16 million) The action related to the investigation into the crypto exchange's suspected role in assisting instant loan app companies in laundering the proceeds of crime.See the Story
India freezes assets of Binance-linked WazirX
100% Center coverage: 2 sources
Economy · TaiwanReports say Beijing Attacking Taiwan Could Lead to Far-Reaching Economic Consequences. Veteran investor Jim Rogers warns that more bear markets are coming. Socios.com will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. Markets being flooded with designer watches in the wake of a crypto downturn.See the Story
China and Taiwan's Potential Economic Impact, Bear Market Warnings, and FC Barcelona Metaverse News — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Central BankNigeria's naira tumbled to a new all-time low of N710 per dollar in late July. The currency has since recovered by as much as 10% against the U.S. dollar. The Central Bank of Nigeria has blamed importers who fail to remit forex earnings.See the Story
Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings – Economics Bitcoin News
Latest News Stories
Shark Tank Star Kevin O'Leary Buys the Bitcoin Dip — Says Crypto 'Desperately Needs Policy' – Regulation Bitcoin News
TwitterElon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. The case is scheduled to go to trial on Oct. 17.See the Story
Elon Musk accuses Twitter of ‘fraud’ in takeover legal battle › Geeky News
InnovationFabio Araujo, director of the Central Bank of Brazil, praised Bitcoin as a financial innovation that gave rise to the Web3 movement. He also talked about how the digital real, the central bank digital currency (CBDC) that is still under research, might have programmable features. The decision of launching or shelving this project will be taken in 2024.See the Story
Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real – News Bitcoin News
CryptocurrencyJim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency. Rogers: If and when all our money is on our computer, it’s going to be government money. His wife invests in crypto, but he doesn’t invest in them.See the Story
Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — 'They Want to Regulate Everything' – Regulation Bitcoin News
EducationChangpeng Zhao, the CEO of the global cryptocurrency exchange Binance recently met the Central African Republic (CAR) President Faustin-Archange Touad�ra. The meeting comes just a few months after the CAR became the first African country to make bitcoin legal tender. Zhao has previously said he is on a mission to drive adoption in Africa.See the Story
Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a 'Truly Remarkable Moment' – Africa Bitcoin News
CryptocurrencyCoinbase has been selected by the financial giant Blackrock to provide the firm's Aladdin platform access to cryptocurrencies. The New York-based multinational investment management corporation Blackrock is one of the largest financial institutions worldwide. Blackrock deals with roughly $10 trillion in assets under management (AUM)See the Story
Coinbase Scores Deal with BlackRock to Give Aladdin Customers Bitcoin Access
100% Center coverage: 1 sources
Bitcoin · ResoluteThe Federal Reserve is in a predicament as inflation in America is the highest its been since the 1980s. On Tuesday, a report quoting three members of the U.S. central bank indicates that the Fed's policymakers are still convinced more rate hikes are needed to tame the country's rising inflation. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. Amid the hawkish statements from the Fed members, cryptocurrencies, stocks, and gold markets dropped in value.See the Story
The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink – Economics Bitcoin News
BitcoinU.S. senators have introduced the Digital Commodities Consumer Protection Act of 2022. The bipartisan bill aims to give the Commodity Futures Trading Commission (CFTC) new tools and authorities to regulate digital commodities. Senators Debbie Stabenow (D-MI), John Boozman (R-AR), Cory Booker ( D-NJ), and John Thune ( R-SD) introduced the bill Wednesday.See the Story
