Crypto stocks also had a tough week.
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IMF exec board endorses crypto policy framework, including no crypto as legal tenderThe executive board of the International Monetary Fund has given its support to principles of cryptocurrency regulation proposed in a paper released earlier this year.
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The Deals: STX Music Library Acquired; Deezer to Power Sonos RadioAlso this week: Yusuf/Cat Stevens signs to Dark Horse Records, ClicknClear strikes a licensing pact with a major U.S. amateur sports organization and more.
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Crypto Markets Analysis: Bitcoin, Ether Trade Sideways as Jobs Data Remains RobustPrices of bicoin and most other major cryptos were flat as investors worried that a stubbornly tight labor market would continue to present an obstacle to taming inflation. GWilliamsJr_CMT writes
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Investor sues Sequoia, other financial firms that did business with FTXCrypto class-action lawsuits continue to mount, with the latest taking aim at financial firms that did business with the crypto exchange FTX.
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Paxos lands on the front lines of new US crackdown on cryptoAs Paxos reckons with two regulatory blows, crypto industry experts are left reading between the lines to determine who, or what, might be next.
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Crypto 'Has Lost Battle' to Be an Alternative to Fiat Currencies | CoinMarketCapCrypto enthusiasts would argue that it's hardly been a successful few years for central banks though, with rampant money printing leading to red-hot inflation that's out of control.
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