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Missed the crypto buzz today? No worries, I've got the must-know news for you 💼 💙

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⏲️ Dubai gives crypto service providers until November 17 to clear all licensing requirements

🗳️ Rep. Tim Burchett proposes slashing SEC Chair Gary Gensler's salary to $1 over alleged regulatory overreach.

🇰🇿 Kazakhstan has blocked Coinbase services for offering trading services of “unsecured digital assets”.

👮 Indian authorities arrested 18 people, including 4 police officers, on a $300 million crypto scam. The operation head is still at large.

🐙 Kraken is considering partnering with Polygon Labs, Matter Labs, and the Nil Foundation to build its own Layer Two chain.

🔵 Coinbase is ending its support for Bitcoin SV. Coinbase further stated that not withdrawn coins will be liquidated by January 9, 2024.

🦶 Ava Labs cuts 12% of staff (~40 ppl.) to “realign resources for further expansions”.

🇰🇪 Kenyan lawmakers asked the local Blockchain Association to come up with a crypto bill draft.

🔸 Binance spot trading market share fell to “only” 40%. Was still at 62% a year ago. Overall market share, including derivates is still around 51%.

🚷 The SEC is struggling to hire crypto experts. They state private-sector competition and the unwillingness of candidates to sell their crypto holdings as the biggest reasons.

🪙 Elon Musk is denying rumours that X, Tesla, or SpaceX will ever issue a native crypto token.

🌌 Evmos is planning to stop accepting Cosmos-based transactions to only focus on EVM chains. The discontinuation of Cosmos transactions is planned to be finished by Q3 2024.

💶 StablR announced a $3.5 million seed round without specifying the valuation. They are issuers of the Euro stablecoin $EurR.

🥷 Some accounts claim to have proof that the Chinese Communist Party is secretly controlling Ethereum. None of their “proof” has been shared so far; Comments are full of bots blindly agreeing with them.