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Nov. 12 marks the transfer of supervision of EU-issued USDC’s financial safeguards to the European Banking Authority, according to Circle’s quarterly filing.Under the disclosed arrangements, the European regulator oversees reserves and redemption planning, while France’s financial regulator keeps governance responsibilities.For…

Bybit

The Bank of Korea has reportedly asked banks and brokerages about cryptocurrency-related risks, asking how they would be affected by a major exchange hack, a market crash or heavy losses at another financial institution.The central bank began surveying 18 banks…

Paxful

A Satoshi-era Bitcoin whale transferred 2,650 Bitcoin worth about $203 million to FalconX and Cumberland over-the-counter (OTC) trading desks, in an onchain move that may signal a planned sale or liquidity transaction from the long-dormant Bitcoin miner.The early Bitcoin (BTC)…

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