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• Hooked Protocol price analysis: Support emerges for HOOK following a sharp drop to $1.21

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• PayPal and Coinbase team up for seamless crypto transactions in Europe

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• Bybit pre-approved as crypto custody provider in Kazakhstan

  TL;DR Breakdown Cryptocurrency exchange Bybit secures “in-principle” approval to operate as a digital asset trading facility and provide custody services in Kazakhstan. The approval comes with certain pre-conditions that need to be fulfilled before the exchange can begin servicing locals in Kazakhstan. In a significant step towards global expansion, Bybit, a leading player in the cryptocurrency exchange arena, has recently announced that it has secured preliminary approval to operate as a digital asset trading facility and provide custody services in Kazakhstan. This preliminary, or “in-principle,” approval from the Astana Financial Services Authority (AFSA) paves the way for Bybit’s entry into the burgeoning digital currency market of this Commonwealth of Independent States (CIS) country. Betting on the CIS region Bybit’s co-founder and CEO, Ben Zhou, has expressed his bullish perspective on the CIS region, highlighting it as a promising ground for the development and growth of the crypto sector. This viewpoint is based on the increasing traction of digital currencies and their underlying blockchain technology across these countries. The approval from AFSA places Bybit in a strong position to capitalize on…

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• Crypto Unveiling: LBRY Challenges SEC’s Double Standards on Crypto Securities Law

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