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crypto.news

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crypto.news

Thailand Supreme Court recognizes Bitcoin as property in a recent ruling

Thailand’s Supreme Court has ruled that Bitcoin qualifies as property under criminal law, upholding a 10-year prison sentence in a robbery case involving the forced transfer of $50,000 worth of cryptocurrency. According to local media, the ruling, numbered 4929/2569, was…

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Itaú becomes first Brazilian bank to formalize crypto trading

Itaú Unibanco, Brazil’s largest private bank, has formally registered its cryptocurrency trading and custody activities with the country’s central bank, becoming the first Brazilian bank to complete the notification process under the new digital asset regulations. According to a report…

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The Nasdaq-100 is onchain. What does a JQQQ holder actually own?

Janus Henderson and Centrifuge have launched a fund tied to the Nasdaq-100 on Stellar, putting a licensed equity benchmark into a blockchain-native investment product. JQQQ is a share of a British Virgin Islands segregated portfolio available only to eligible investors…

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Crypto spent $176M on the midterms. Can it move the CLARITY Act?

Crypto-linked political groups have spent roughly $176 million across more than 100 U.S. midterm races, according to a Reuters review of campaign-finance filings through October 20. Fairshake and its affiliates account for about $150.8 million. The spending may help elect…

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Ripple has a national trust bank. RLUSD still has a different issuer

Ripple has said its proposed national trust bank received final federal approval on October 26, giving the company a federally supervised institution to manage the assets behind RLUSD. The stablecoin will still be issued by Standard Custody & Trust Company,…

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Bitcoin can reach a million merchants. Why aren’t people spending it?

Bitcoin payments have reached more than a million U.S. sellers through Square, yet the group behind much of the network’s payment software says everyday spending remains scarce. Spiral’s October 27 report is an unusually frank assessment from a Block-backed developer:…