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How Netherlands is Embracing Cryptocurrency?

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How Netherlands is Embracing Cryptocurrency?

It is not with the DNB per se but its peers which bear the massive weights in regulatory considerations, as well as forums such as the United Bitcoin Companies Netherlands and the Dutch Banking Association, which collectively trudge through the intricacies that are becoming the cryptocurrency capital markets.

While the country holds high investment activity, strategic acquisition and seed funding by the parent company of Deribit in Finst on the other hand shows attractiveness to crypto-related ventures. Key players, such as Solanium, Forkbomb BV, and Kryptomon, home to innovation with a broad array of services from blockchain technology to financial platforms, charge the air toward the headways of the Dutch crypto market.

In other words, what the Netherlands is doing here is essentially to open wide its arms and maintaining an entrepreneurial-friendly, secure, innovation-friendly, and regulatory-driven climate toward cryptocurrencies. Not only will it strengthen the appeal of the Dutch market, this development will also propel the country to a position where it can drive the narrative of global cryptocurrencies.

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Westlake police say cryptocurrency scam cost woman over $5,000

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Westlake police say cryptocurrency scam cost woman over ,000

WESTLAKE, Ohio – A convenience store clerk at 1:30 p.m. on Nov. 26 alerted a police dispatcher that a female customer was feeding large amounts of cash into a cryptocurrency ATM at the store on Center Ridge Road at Dover Center Road.

The clerk said the customer would not believe the clerk’s warning that she was being scammed.

Officers arrived to find the 71-year-old still “anxiously depositing” cash into the machine. Officers told her to stop, but she did not believe the uniformed men. The officers talked to her for several minutes before she finally believed that there was an issue. She was still on the phone with the scammer at the time.

The incident started that morning when the victim received a pop-up message on her home computer instructing her to call a provided support phone number due to a supposed issue with the computer’s operating system. She called the number and was connected to a man who claimed he was a representative from Apple, according to a police department press release.

The man talked her into allowing him remote access to her computer while he asked for her bank information. The scammer talked the victim into believing that there was a problem with her accounts, and she was at risk of losing $18,000 in connection with pornographic websites out of China or Mexico.

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She was connected to a fake fraud department for her bank, and another scammer persuaded her to go to a bank and withdraw as much cash as they would allow. The scammer even told her to give the teller a story about needing cash to buy a car. The perpetrator kept the woman on the phone as she took out cash and traveled to the crypto ATM. The victim had deposited approximately $5,500 before officers persuaded her to stop. The Westlake Detective Bureau is attempting to recover the lost funds.

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Youtube Expands Creator Monetization Using Paypal USD Stablecoin

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Youtube Expands Creator Monetization Using Paypal USD Stablecoin
Youtube has reportedly begun letting U.S. creators receive payouts in Paypal’s dollar-pegged stablecoin, Paypal USD (PYUSD), signaling a shift toward regulated digital currencies as mainstream payment tools and deepening stablecoins’ role in creator monetization.
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Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus

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Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus
Stablecoin issuer Tether said Friday it has submitted an all-cash offer to buy Italian soccer juggernaut Juventus from the Agnelli family, a novel bid by a cryptocurrency company to acquire a blue-chip global soccer club from one of Europe’s most storied dynasties.

Tether is the largest stablecoin issuer with $186 billion of its USDT tokens in circulation. The company previously took an

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