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The U.S. Securities and Exchange Commission on Tuesday sued Coinbase , accusing the largest U.S. cryptocurrency platform of operating illegally because it failed to register as an exchange.
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In a rare attempt to bolster China's yuan, a self-regulatory body overseen by the country's central bank has told major state-owned banks to lower dollar deposit interest rates, four people with direct knowledge of the matter said.
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Shares of Coinbase Global fell on Tuesday and were on track for their biggest one-day percentage decline since late March after the cyrptocurrency exchange found itself in the crosshairs of the U.S. securities regulator along with Binance.
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Turkey's lira slid almost 1% on Monday in thin trading during the Asian day to weaken past 21 per dollar, in a shaky initial reaction to the appointment of highly-regarded Mehmet Simsek as finance minister.
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A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline.