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If some of the fees and expenses hadn’t been cut back, the charges would be above $700 million by now.
President Joe Biden’s re-election campaign has begun reaching out to key figures in the cryptocurrency industry, seeking guidance on "crypto community and crypto policy moving forward," sources told The Block.
Mastercard is launching a peer-to-peer network for sending and receiving digital assets across borders.
Citadel Securities-backed prime brokerage firm Hidden Road will stop offering its clients access to trading on Bybit, the third-largest crypto exchange by volume, according to people with knowledge of the matter.
The distributions represent a 232% recovery from when withdrawals were halted in November 2022.