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US set to move to reclassify marijuana as early as Wednesday, Axios reports

WASHINGTON, April 22 (Reuters) – The U.S. government is expected to reclassify marijuana as early as Wednesday, sending stocks of U.S. cannabis-related companies higher, Axios reported, citing an official familiar with the matter. The decision to reclassify marijuana would be one of the most significant changes to federal marijuana policy in decades, removing a barrier…

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Tax-free bitcoin is back: How UK investors can now hold crypto in their ISAs once more

UK investors can once again hold cryptocurrency exchange-traded notes (ETNs) in a tax-free vehicle after fintech startup Stratiphy received approval to offer them in the form of a special category of individual savings accounts (ISAs), the Financial Times reported on Wednesday. According to the Financial Times, Stratiphy, a fintech platform that allows users to personalize…

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AI pivot accelerates as HIVE raises fresh capital and Keel reshapes portfolio

Mining companies HIVE Digital (HIVE) and Keel Infrastructure (KEEL) are doubling down on investments in artificial intelligence (AI) infrastructure, continuing a broader industry-wide shift away from Bitcoin. Bitcoin$77,698.14 Exclusive mining. HIVE raised $115 million through a zero-coupon convertible note offering, with proceeds earmarked for expanding its global data center footprint and GPU capacity, according to…

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Pistons pound the Magic in paint and meet them at the rim to end their long home playoff win drought

DETROIT (AP) — Ben Wallace and Rick Mahon watched like proud uncles as the Detroit Pistons pounded the Orlando Magic in the paint and met them at the rim before winning 98-83 to tie their first-round series. “I’m sure they appreciate it,” Pistons power forward Isaiah Stewart said. advertise Wallace, the four-time NBA Defensive Player…

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Crypto giant GSR launches its first ETF to give investors an easy way to bet on the big three

As investor demand for regulated cryptocurrency exposure continues to rise, cryptocurrency trading firm GSR has launched its first exchange-traded fund (ETF), entering the fast-growing sector of the digital asset market. The GSR Crypto Core3 ETF trades on Nasdaq under the ticker BESO and provides exposure to three major cryptocurrencies, including Bitcoin Bitcoin$77,698.14Ethereum (ETH) and Solana…

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The London P2P sweep: UK FCA raids eight illegal peer-to-peer trading hubs

The Financial Conduct Authority (FCA), in conjunction with HM Revenue and Customs (HMRC) and the South West Regional Organized Crime Unit (SWROCU), has launched the first coordinated crackdown on illegal peer-to-peer cryptocurrency trading at eight locations across London. According to the FCA, officers issued cease and desist notices at each location and collected evidence that…

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