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Bahamas to Mandate Banks to Distribute Central Bank Digital Currency – News Bytes Bitcoin News

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The Bahamas is preparing regulations to mandate commercial banks to provide access to its CBDC to boost adoption.

​ The Bahamas is preparing regulations to mandate commercial banks to provide access to its CBDC to boost adoption. 

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Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months – Markets and Prices Bitcoin News

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Bitcoin’s price has ranged between $53,550 and $58,673, with a market cap of $1.08 trillion and a 24-hour trade volume of $54 billion.

​ Bitcoin’s price has ranged between $53,550 and $58,673, with a market cap of $1.08 trillion and a 24-hour trade volume of $54 billion. 

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Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

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Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license.

​ Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. 

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Bitcoin Plummets to $54,000 as Mt. Gox Begins Creditor Repayments

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Bitcoin’s value has dropped to its lowest point since February, falling to $54,000. This decline comes amid a broader cryptocurrency market selloff, triggered by the defunct exchange Mt. Gox starting to repay its creditors after a decade-long bankruptcy process. Bitcoin’s price fell to $54,000, its lowest since February. The cryptocurrency market experienced a broader selloff. […]

​ Bitcoin’s value has dropped to its lowest point since February, falling to $54,000. This decline comes amid a broader cryptocurrency market selloff, triggered by the defunct exchange Mt. Gox starting to repay its creditors after a decade-long bankruptcy process. Bitcoin’s price fell to $54,000, its lowest since February. The cryptocurrency market experienced a broader selloff. 

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