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Crusade Against Digital Asset Crimes: 200 Delegates Gather at FATF Summit in Paris!

Paris, 23 June 2023 - The third Plenary of the Financial Action Task Force (FATF) under the Presidency of T. Raja Kumar of Singapore concluded today. Delegates from over 200 jurisdictions participated in these discussions at the FATF headquarters in Paris, emphasizing the global response required to combat money laundering, terrorist financing, and proliferation. While the FATF aims to promote security, safety, and integrity in the financial system, it is crucial to examine potential unintended consequences that may arise from these measures.

Bitcoin ETF Approval: A Milestone for Institutional Adoption

Bitcoin, the world's leading cryptocurrency, has achieved another milestone in its journey towards mainstream adoption. The U.S. Securities and Exchange Commission (SEC) has given the green light to the first leveraged Bitcoin futures exchange-traded fund (ETF), the Volatility Shares 2x Bitcoin Strategy ETF (BITX). Scheduled to launch on the Chicago Board Options (CBOE) BZX Exchange, this development opens up new opportunities for investors seeking exposure to Bitcoin.

Kraken Launches User-Friendly NFT Marketplace with Over 250 Collections

One of the defining features of Kraken's new NFT marketplace is its gasless trading experience. This means that whether you're buying or selling a digital asset on the platform, you won't have to pay any transaction fees. This unique feature is set to be a game-changer, making the NFT trading experience smoother and more affordable for users, irrespective of the prevailing market conditions.

SEC Charges Coinbase: Another Attack on Crypto Freedom

Washington D.C., June 6, 2023 — In a move that further solidifies the SEC's relentless assault on the crypto industry, Coinbase, Inc. finds itself under fire as the Securities and Exchange Commission (SEC) has charged the popular cryptocurrency exchange for operating as an unregistered national securities exchange, broker, and clearing agency. Additionally, Coinbase is accused of conducting an unregistered offer and sale of securities through its staking-as-a-service program.

Binance, SEC Clash, and the Struggle for Financial Freedom

The recent clash between Binance, the world's largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) has sent shockwaves through the cryptocurrency industry. While the SEC's lawsuit against Binance and its CEO Changpeng Zhao raises concerns, it also highlights the broader struggle for financial freedom and the role of cryptocurrencies in a world dominated by centralized control.