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Key Events of the Week in DeFi and Cryptocurrency

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by Giorgi Kostiuk

a year ago

As the DeFi and cryptocurrency space rapidly evolves, staying informed about the latest events and trends is crucial. Our weekly recap offers a concise yet comprehensive view of the most significant news and trends.

Binance Secures Regulatory Approval in Argentina

Binance has received regulatory approval in Argentina by registering in the country's Virtual Asset Service Providers registry. This achievement enables Argentine users to access the full range of Binance's cryptocurrency services. This marks Binance's 20th regulatory milestone globally.

Coinbase to Delist Stablecoins in Europe

Coinbase announced its intention to remove non-compliant stablecoins from its European platform, including Tether's USDT, to align with the EU's new regulations. Users in the European Economic Area must convert unauthorized stablecoins by December 30.

HBO Documentary on Bitcoin Creator

A new HBO documentary, 'MoneyElectric: The Bitcoin Mystery,' promises to reveal the identity of Bitcoin's elusive creator, Satoshi Nakamoto. Directed by Emmy-nominated filmmaker Cullen Hoback, the film is set to premiere on October 8, 2024.

These events emphasize the importance of swiftly responding to changes in the DeFi and cryptocurrency world as the industry continues to advance rapidly.

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MSCI Classification Could Trigger Major Bitcoin Outflows

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The MSCI's Digital Asset Treasury classification on January 15 may lead to significant outflows from companies heavily invested in Bitcoin, with estimates ranging from $28 billion to $88 billion.

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CPI Release Expected to Trigger Market Volatility

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The upcoming CPI release on January 13 is expected to cause significant price swings in crypto markets.

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Elon Musk and UAE President Discuss Future of AI and Technology

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Surge in AI-Generated Forged Documents Threatens Art Market Integrity

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A surge in AI-generated forged documents is threatening the integrity of the art market, complicating ownership verification and artwork valuation.

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Bitcoin Shifts from Speculative to Mature Financial Asset, Says Analyst

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Bitcoin is transitioning from a speculative asset to a mature financial asset, with decreased volatility and changing trader sentiment.

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Cryptocurrency Phishing Scams Prompt Increased Security Measures

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Phishing scams targeting cryptocurrency users have sharply increased, prompting deeper security measures across platforms to protect users.

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