#crypto
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Choosing a Crypto Card?
A crypto card is an essential financial tool, significantly accelerating the widespread adoption of cryptocurrency, and offering the chance to abandon traditional cash and fiat currencies completely. With a crypto card, you can make purchases in retail outlets worldwide or online, paying for goods and services with digital assets. 
The Rise of a New Crypto Banking System
Global banking is gradually veering towards cryptocurrency. This is in many ways a compelled pivot, given the financial sector's transition from a state of denial and resentment to negotiation, ultimately leading to acceptance. Could this be the heralding of traditional finance's demise? 
8btc, one of the oldest and most influential cryptocurrency news platforms in China, is undergoing a strategic shift.
The platform, renowned for its coverage of Bitcoin, blockchain, and cryptocurrency-related news, has announced its decision to transition away from crypto content and fully embrace artificial intelligence (AI) and the metaverse.
Founded in 2011, 8btc has published over 1.4 million articles and posts, attracting billions of page views. It has played a vital role in providing information, communication, and investment services for blockchain startups and investors. 
Molten Indicates Depreciation of Ledger and Revolut
Ledger and Revolut, likened to a familiar quote from the Old Testament, have been weighed and found wanting. According to the specialists at investment firm Molten, the fair market value of these crypto projects has taken a substantial hit this past year. 
SEC Holds Off $30M Fine to Aid BlockFi Investors
In a noteworthy development, the U.S. Securities and Exchange Commission (SEC) has chosen to take a backseat regarding the enforcement of a $30 million fine on BlockFi, the crypto lending company which is currently in bankruptcy. According to legal documents from Thursday, the SEC's stance is primarily aimed at ensuring that investors are repaid first. 
Journey into the Digital Future with Tenset and 10set Coin!
Tenset is an Ethereum-based platform that facilitates access to crypto assets with minimal investment. It features the 10SET token, allowing holders to participate in governance and earn dividends. Tenset aims to merge traditional funding avenues with digital assets! Hong Kong HSBC Customers Gain Access to Crypto ETFs
HSBC Hong Kong, a part of the Hong Kong and Shanghai Banking Corporation, has launched its first cryptocurrency services. The bank is now allowing its customers to buy and sell exchange-traded funds (ETFs) based on Bitcoin and Ethereum, according to a report by local journalist Colin Wu on June 26. 
The IMF, in an article addressing CBDCs and cryptocurrencies in Latin America and the Caribbean, acknowledges, "While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run."
Interestingly, the article places more emphasis on the benefits of Central Bank Digital Currencies (CBDCs) rather than cryptocurrencies, while also highlighting potential problems linked with digital assets.
Furthermore, the IMF recommends improving transparency by including cryptocurrency transactions in national data records. 
