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Hot News : Bitcoin up more than 5% near one-week high While bitcoin remains far from the investment fever pitch it hit in late 2021, the crypto sector has enjoyed a rally in recent weeks as the expected end of central bank rate-hiking cycles draws cash back into high-risk assets. Cryptocurrency prices surge, driven by a potential bitcoin fund Crypto investors are growing optimistic that the Securities and Exchange Commission will approve an exchange traded fund, or ETF, that tracks the price of bitcoin, analysts said. The fund would trade on traditional stock exchanges and offer an easy way for people to invest in cryptocurrencies, potentially bringing a wave of money into the industry.
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Sidra Bank – the premier destination for digital Islamic banking. Our vision is to create the world’s largest decentralized Islamic DEFI platform. At Sidra Bank, we understand the importance of adhering to Islamic principles in financial transactions. As one of the five pillars of Islam, zakat plays a significant role in the way Muslims approach money. This is why we have created a platform that addresses the unique concerns of Muslim investors in the digital currency market.
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Crypto Price Today: Bitcoin holds above $34,200 ahead of Fed interest rate decision; Solana jumps 10% The total volume in DeFi is currently $4.17 billion, 10.2% of the total crypto market 24-hour volume. The volume of all stablecoins is now
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Crypto News : In a significant move, California Governor Gavin Newsom has given the green light to a cryptocurrency bill that imposes stricter regulations on businesses involved in crypto operations. The regulations are set to come into effect in July 2025. The bill, known as the "Digital Financial Assets Law," mandates that both individuals and companies engaged in digital asset-related activities must obtain a license from the Department of Financial Protection and Innovation (DFPI). This requirement aligns with California's existing money transmission laws, which prohibit banking and transfer services from operating without a DFPI commissioner-granted license. A notable feature of this new crypto bill is the authorization it grants to the DFPI. The department will be able to impose rigorous audit requirements on crypto firms and compel them to maintain detailed financial records for at least five years. These records must include a comprehensive monthly general ledger listing all assets, liabilities, capital, income, and expenses of the licensee.
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The Floki Vikings, a global community over 470,000 strong, are on a mission to make Floki the most popular crypto in the world. We are known for epic social media raids and making Floki memes to appeal to the masses. The community is the heart and soul of Floki.
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