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Leading US Cryptocurrency ATM Firm to Offer Investors Exposure to Bitcoin Depot through $885 Million Merger Bitcoin Depot, a prominent cryptocurrency ATM company in the United States, has recently finalized a merger agreement that enables the company to go public. On June 30, GSR II Meteora Acquisition Corporation, a fintech firm, announced that its shareholders …

Bitcoin Depot Announces Merger Deal and Plans to Go Public on Nasdaq Read More »

Binance Shows Potential Support for Terra Classic Community by Proposing a 0.5% Burn Tax Increase, While Clarifying Its Decision to Temporarily Suspend LUNC Burn Mechanism Following a series of denied proposals pertaining to the augmentation of LUNC burn and burn tax, the Terra Luna Classic community has ultimately resolved to escalate the LUNC burn tax. …

LUNC News: Binance Considers Backing Terra Classic and Proposes Raising Burn Tax to 0.5% Read More »

Non-registration as a stablecoin issuer may lead to imprisonment of up to five years and a fine of $1 million, while issuers outside the US must obtain registration to conduct operations within the country. A draft bill has been released on the House of Representatives’ document repository, outlining a regulatory framework for stablecoins in the …

Upcoming stablecoin regulations: U.S. Congress prepares to unveil new draft legislation Read More »