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What Happens to Celsius Creditors if Crypto Prices Recover?

Suppose bitcoin’s (BTC) price doubles over the coming months. Would the hundreds of thousands of customers whose cryptocurrency assets are frozen within stricken lending platform Celsius Network come out ahead, or just break even?This is uncharted territory for a U.S. bankruptcy court.The high volatility of cryptocurrencies created the extreme market conditions that saw crypto lender

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Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions

Kraken, one of the world’s largest cryptocurrency exchanges, is under federal investigation, suspected of violating U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital tokens, according to five people affiliated with the company or with knowledge of the inquiry.The Treasury Department’s Office of Foreign Assets Control has been investigating Kraken

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Crypto is making a big comeback. Will it last?

New York CNN Business  —  It has been an absolutely brutal year for investors in bitcoin and other cryptocurrencies. Bitcoin has lost more than half its value in 2022. Now hovering around $23,000, the price of a single bitcoin has plunged more than 65% below last year’s all-time high of nearly $70,000. The value of

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Singapore-based cryptocurrency exchange continues to aggressively expand its reach, becoming the latest crypto firm officially authorized to operate in has received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), the firm announced to Cointelegraph on Friday.The approval enables to offer a number of products and services to customers in Cyprus

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