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Iraq Bulletin

Tag : digital assets

Business

US banks gain flexibility to participate in crypto markets

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The United States Federal Reserve Board has announced the withdrawal of previous guidance that restricted banks from participating in cryptocurrency-related activities without prior approval. The move, made official on Thursday, signals a shift towards a more flexible regulatory environment, aligning...
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Bitcoin steadies near $85K as tariffs roil crypto markets

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Bitcoin continued to hover near the $80,000 mark on Friday, as cryptocurrency markets faced renewed volatility stemming from shifting U.S. trade policy. The instability followed a sharp rebound earlier in the week after President Donald Trump temporarily eased some of...
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ETF adoption accelerates as U.S. advisors turn to crypto investments

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CryptoWire News Desk: U.S. financial advisors are increasingly embracing cryptocurrency exchange-traded funds (ETFs), with a majority signaling plans to expand their exposure in 2025. According to a survey presented by TMX VettaFi at the Exchange conference in Las Vegas, 57%...
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U.S. strategic bitcoin reserve fuels debate on cryptocurrency strategy

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Bitcoin experienced a sharp decline of up to 6.5% on Monday, reflecting continued volatility following an executive order from U.S. President Donald Trump to establish a U.S. strategic bitcoin reserve. The cryptocurrency briefly fell to approximately $80,650 before recovering some...
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Top crypto executives to attend White House regulatory summit

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The White House Crypto Summit is set to take place on March 7, 2025, with President Donald Trump hosting the event to address the future of digital asset regulation in the United States. The summit will bring together leading cryptocurrency...
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Bitcoin drops below key $87,000 level as liquidations surge past $600M

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The cryptocurrency market suffered a significant downturn on Tuesday, with Bitcoin plunging nearly 10% amid mounting concerns over security breaches, regulatory uncertainty, and broader financial market instability. The price of Bitcoin dropped below $87,000, marking its lowest level since November,...
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Robinhood crypto case dismissed as SEC scales back enforcement

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The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's cryptocurrency unit without pursuing enforcement action, the company announced on Monday. The decision marks a significant regulatory shift under the administration of President Donald Trump. The financial...
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MicroStrategy’s bitcoin holdings top $45 billion in market value

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MicroStrategy, now operating under the name Strategy, has significantly reduced its workforce while aggressively expanding its bitcoin holdings. The company disclosed in its audited 2024 annual report, filed Tuesday, that it cut 20.7% of its workforce as it more than...
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Franklin Templeton’s Solana ETF filing highlights blockchain growth

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Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of Solana, marking a significant move by asset managers to expand beyond Bitcoin in the cryptocurrency market. The filing, submitted on Friday, underscores the growing...
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Cyber and Emerging Technologies Unit replaces SEC’s crypto squad

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The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its crypto enforcement efforts, renaming and downsizing the unit previously dedicated to digital assets. The move signals a shift in the agency’s approach under Acting Chairman Mark Uyeda,...