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      <title>Survival of the Licensed</title>
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      <description>Inside the MiCA cull: how Europe went from 3,167 crypto firms to 244 in eighteen months.</description>
      <pubDate>Thu, 02 Jul 2026 00:00:00 GMT</pubDate>
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      <title>Stablecoins Quietly Became the Product</title>
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      <description>Everyone came to crypto for the volatility. The thing that actually found product-market fit holds still on purpose.</description>
      <pubDate>Mon, 25 May 2026 00:00:00 GMT</pubDate>
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      <title>What the ETF Flows Are Actually Telling Us</title>
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      <description>A green inflow number is not a vote of confidence. It is a plumbing change, and the plumbing is the story.</description>
      <pubDate>Mon, 18 May 2026 00:00:00 GMT</pubDate>
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      <title>Custody, Explained: Not Your Keys, Not Your Coins</title>
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      <description>The oldest slogan in crypto is also the most misunderstood. Self-custody is not safer by default. It just moves the risk onto you.</description>
      <pubDate>Mon, 11 May 2026 00:00:00 GMT</pubDate>
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