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U.K. Lawmakers Say Crypto Should Be Regulated Like Gambling

Bitcoin (BTC), ether (ETH), and other cryptocurrencies should be regulated as gambling due to their potential risks, a panel of U.K. lawmakers from parliament's treasury committee said Wednesday. "The Hash" panel discusses the details of the push.

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Tether Says It Will Buy Bitcoin for Stablecoin Reserves With Realized Profits

Stablecoin issuer Tether will regularly buy bitcoin (BTC) for its stablecoin reserves using about 15% of its realized profits starting this month as part of a new investment strategy focused on the largest cryptocurrency by market capitalization, the firm announced on Wednesday. "The Hash" panel discusses what to make of Tether's BTC purchase campaign and the broader implications for the stablecoin market.

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Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say

The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions. But legal experts suggest the state’s effort is nonsensical and potentially harmful for the digital assets sector DeSantis said he’s trying to protect. "The Hash" panel discusses the outlook for Florida's central bank digital currencies (CBDC) "ban."

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French Regulator Says Fleeing U.S. Crypto Firms ‘Welcome’

100-odd crypto companies fleeing U.S. regulatory uncertainty are "welcome" in France and could be registered in the country as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said. "The Hash" panel discusses what this means for the global crypto industry.

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Bitcoin-Ether Correlation Dips Below 80% for First Time Since 2021

The positive relationship between bitcoin (BTC) and ether (ETH), the world's top two cryptocurrencies by market value, has weakened this year, signaling an impending regime change in the market. The 30-day rolling correlation between changes in bitcoin and ether prices dipped to 77% Monday, the lowest since 2021 and notably weaker than 96% seen two months ago, according to Kaiko data. "The Hash" panel discusses what this means for the future of bitcoin, ether, and the crypto markets at large.

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Lessons Learned From GREED Social Experiment

A social experiment around the GREED token has showcased the risks and repercussions of the so-called meme coin mania. "The Hash" panel discusses the lessons learned from GREED, sharing tips for avoiding crypto scams.

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Billionaire Investor Peter Thiel Backs Bitcoin Startup River in $35M Round

Bitcoin technology and financial services company River has raised $35 million in a Series B round led by investment firm Kingsway Capital, with participation from billionaire investor Peter Thiel. "The Hash" panel discusses the latest in crypto VC.

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OpenAI CEO Testifies Before Congress on AI Oversight

Sam Altman, the co-founder of ChatGPT developer OpenAI, testified before Congress on artificial intelligence (AI) innovation and its risks. "The Hash" panel discusses the key takeaways from the hearing and the implications for the future of AI.

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Sam Altman’s Crypto Project in Talks for $100M in New Funding: Report

Altman’s crypto project, Worldcoin, rose to prominence last year with a controversial, Silicon Valley vision for a universal basic income (UBI): a crypto token that can be distributed in equal quantity to everyone in the world. Now, the Financial Times reports that Worldcoin is eying a new investment round worth over $100 million. "The Hash" panel discusses the outlook for artificial intelligence.

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Exploring the Ties Between Sam Bankman-Fried and Rep. George Santos

"The Hash" panel discusses Rep. George Santos (R-NY)'s ties to Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX. According to public records uncovered in December of 2022, Santos’ donors included three figures from the FTX circle. The Santos campaign reportedly received the maximum possible individual donation from FTX senior exec Clare Watanabe, product head Ramnik Arora and Ryan Salame, CEO of the company's Bahamian subsidiary FTX Digital Markets, who gave upwards of $24 million to Republican candidates and committees during the midterms.

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