# ‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’

# ‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’

“# ‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’ ” Swiss multinational investment banking giant, UBS, has warned its clients that crypto assets cbe unsuitable for professional investors if regulatory pressure continues. In a note sent to clients last week, the global wealth management team at UBS said China’s latest crackdown had…

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# Barclays tells cardholders it’s stopping payments to Binance

# Barclays tells cardholders it’s stopping payments to Binance

“# Barclays tells cardholders it’s stopping payments to Binance ” Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week. The financial services giant has confirmed to cardholders that Barclays debit/credit card payments to the cryptocurrency exchange will not be allowed until…

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#China cracks down on homegrown tech companies traded in US

#China cracks down on homegrown tech companies traded in US

“#China cracks down on homegrown tech companies traded in US” The Chinese government on Monday broadened its crackdown of the country’s homegrown tech companies — targeting two more firms that recently started trading on US exchanges. The Cyberspace Administration of China announced Monday that it’s investigating two subsidiaries of Full Truck Alliance as well as an online…

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# Wyoming legally recognizes first DAO in the United States

# Wyoming legally recognizes first DAO in the United States

“# Wyoming legally recognizes first DAO in the United States ” The crypto-friendly state of Wyoming has approved the first legally recognized Decentralized Autonomous Organization (DAO) in the United States. The American CryptoFed DAO received notice from the Wyoming Secretary of State’s office on July 1 recognizing it as a legal entity, according to a…

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# Are cryptocurrency ransom payments tax deductible?

# Are cryptocurrency ransom payments tax deductible?

“# Are cryptocurrency ransom payments tax deductible? ” About 2,000 years ago during its Han dynasty, China made peace with some of the nomadic people of Central Asia who continuously ransacked Silk Road traders for an easy payday. It did so in order to fully establish the Silk Road trade route, which stretched from China…

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