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New Jersey Man Sentenced to 12 Years for Using Bitcoin to Pay Chinese Fentanyl Suppliers

A New Jersey man has been sentenced to 12 years in prison for using Bitcoin to pay suppliers in China for fentanyl and other synthetic opioids. The individual, identified as 36-year-old Eric D. Dwyer, was convicted of conspiracy to manufacture and distribute controlled substances. Authorities revealed that Dwyer facilitated the purchase of large quantities of fentanyl, which were then shipped to the U.S. His sentencing highlights the ongoing efforts by law enforcement to combat the use of cryptocurrency in drug trafficking.

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Binance Files for MiCA License in Greece Ahead of July 1 EU Deadline

Binance has submitted an application for a Markets in Crypto-Assets (MiCA) license in Greece, aiming to comply with the European Union's regulatory framework ahead of the July 1 deadline. This move is part of Binance's broader strategy to enhance its regulatory standing in Europe and ensure

Morning Minute: PwC Says Crypto Adoption Has Passed The Point of No Return

PwC's latest report indicates that cryptocurrency adoption has reached a critical threshold, suggesting it has passed the point of no return. The firm highlights that institutional interest and regulatory clarity are driving this trend, with more businesses integrating crypto into their operations. Additionally, the report notes that technological

Swiss banking giant UBS planning to offer crypto services to specific clients

Swiss banking giant UBS is set to offer cryptocurrency services to select clients, marking a significant move into the digital asset space. The initiative aims to cater to high-net-worth individuals and institutional clients seeking exposure to cryptocurrencies. UBS plans to provide tailored investment solutions and advisory services related to digital

Farcaster to Repay $180M to Investors Amid Pivot to 'Developer-Focused Direction'

Farcaster has announced plans to repay $180 million to its investors as part of a strategic shift towards a more developer-focused direction. The decision comes after the company reassessed its business model and aims to enhance its platform for developers. This move is intended to foster innovation and attract more

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Binance Files for MiCA License in Greece Ahead of July 1 EU Deadline

Morning Minute: PwC Says Crypto Adoption Has Passed The Point of No Return

Swiss banking giant UBS planning to offer crypto services to specific clients

Farcaster to Repay $180M to Investors Amid Pivot to 'Developer-Focused Direction'