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Article by Steven Stradbrooke

3AC’s tangled web leaves creditors out missing billions
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20 July, 2022

3AC’s tangled web leaves creditors out missing billions

The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an...
Russia nukes digital assets as payments mechanism
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19 July, 2022

Russia nukes digital assets as payments mechanism

The bill amends certain banking laws to permit the use of digital assets as investment vehicles, with the goal of...
US: You can own ‘crypto’ OR help write policy/regs, not both
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8 July, 2022

US: You can own ‘crypto’ OR help write policy/regs, not both

U.S. government employees who own digital currencies can’t have any input into matters involving the digital assets they own, according...
China court says Tether stablecoin ‘should not be circulated’
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8 July, 2022

China court says Tether stablecoin ‘should not be circulated’

A Chinese court has ruled that local companies can’t pay their workers’ wages with USDT (aka Tether) because the government—like...
Coinbase’s conflation of in-house stablecoin, US dollar sparks liquidity concerns
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1 July, 2022

Coinbase’s conflation of in-house stablecoin, US dollar sparks liquidity concerns

Coinbase is facing liquidity rumors after the struggling cryptocurrency exchange conflated its in-house stablecoin with the U.S. dollar for online...
Sam Bankman-Fried on brink of kajillionth bailout for crooked ‘crypto’ platforms
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29 June, 2022

Sam Bankman-Fried on brink of kajillionth bailout for crooked ‘crypto’ platforms

The struggling ‘crypto’ sector hopes to avoid having fun staying poor by embracing financial bailouts the same way that a...

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