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Central Banks Kept Purchasing Gold in February; China Continues Gold Run


Central banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued, purchases fell 58% compared to January’s demand, according to IMF and World Gold Council numbers. China reported the largest gold accumulation, acquiring 12 tonnes...

British Man Who Lost 7,500 BTC Sues for Right to Search Council Landfill


A British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be buried. Anticipating a further increase in the value...

Coinbase's Allies Join Crypto Firm's Case Against SEC


Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside...

Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study


An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020. The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...

EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study


The US Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents filed Friday showed. The post EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study appeared first on Cryptonews

China to Revise AML Law to Address Risks Associated with Virtual Assets


China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review by the national legislature, according...

Mondelēz International to Join Hedera Council + More Crypto News


Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Mondelēz International to Join Hedera Council Fetch.ai Foundation Welcomes Deutsche Telekom as First Corporate Partner Taurus and Lido Enable...

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