The payments firm insisted that the decision to shut down was not forced on Wyre by some regulatory agency. digitalassets
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Crypto payments platform Wyre shutters citing bear market conditionsWyre users have until July 14 to withdraw their crypto from the platform, with people who missing the deadline having to go through a separate process to recover their assets.
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Wyre winding down as crypto winter bitesCryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance.
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American Express-Backed Crypto Platform Slammed With Fraud Charges by Texas RegulatorThe agency also accused the crypto firm of conducting secret transactions to Binance.
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Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’Crypto politics in the US reaches new heights as GOP embraces crypto, risks included. The question stands: are they keeping America's best interests in mind? (Via CointelegraphZN)
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Breakingviews - Crypto is dead: long live crypto!Already reeling from the “Razzlekhan” scandal, punch-drunk from the collapse of TerraUSD, and floored by the implosion of FTX, cryptocurrencies were finally dealt a knockout blow last week by the U.S. Securities and Exchange Commission. The watchdog brought separate charges against two leading crypto companies, Binance and Coinbase Global, accusing them of operating unlicensed U.S. exchanges for unregistered financial securities and illegally commingling brokerage and clearing.
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Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins banThis week’s Crypto Biz looks at crypto markets outflows, a16z’s first branch outside the U.S., the ongoing silent ban on altcoins, and the AI models to be first deployed in the United Kingdom.
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