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According to Reuters, Russia's finance minister said on Wednesday that Russian legislation has changed to allow companies to use Bitcoin and other digital currencies in international payments and take steps to legalize the mining of cryptocurrencies including Bitcoin.
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Opinion: Market Panic After FOMC Shows Some Overreaction The article analyzes the market pullback after the FOMC meeting. It was caused by concerns over the Fed's possible hawkish stance, leading to sell-offs. But the author argues it's superficial given the U.S. economic situation. Other factors like rising rates, technical issues, and fund flows also affected the market. The author believes the panic was an overreaction. Despite risks, the market downturn offers opportunities in some assets. Read more
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Six mutual funds tracking the price of Bitcoin will officially go live in Israel next week after receiving approval from the Israel Securities Authority (ISA). The six companies will begin operations on the same day, December 31. One of the funds will be actively managed and try to outperform Bitcoin.
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An article introducing Binance's investment project ZEROBASE ZEROBASE offers free circuit development and paid proof generation services. In the future, ZEROBASE aims to be a key provider of privacy computing infrastructure and a standard-setter for trustless finance in the blockchain ecosystem. Read more
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Turkey introduced new cryptocurrency regulations in the last week of 2024. The new regulations require users who trade more than $425 to provide their identity information to the country's cryptocurrency service providers. The regulations will take effect on February 25, 2025.
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