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Standard Chartered’s SC Ventures, SBI Holdings launch crypto investment firm in UAE
SC Ventures, the venture arm owned by British multinational bank Standard Chartered, announced a joint venture with Japanese financial...
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EBA proposes new liquidity guidelines for stablecoin issuers
The European Banking Authority (EBA) published three consultation papers Wednesday on the proposed liquidity requirements of the reserve assets...
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Binance introduces self-custody Web3 wallet
Binance, the world’s largest cryptocurrency exchange, announced the launch of its new Web3 wallet on Wednesday. See related article:...
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Circle reportedly considering 2024 IPO: Bloomberg
Circle Internet Financial Limited, the Boston-based issuer of the USDC stablecoin, is considering going public in early 2024, unnamed sources...
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SEBA crypto bank receives license in Hong Kong
SEBA Bank AG, a Swiss crypto bank, announced Wednesday that its subsidiary, SEBA Hong Kong, has received a license for crypto-related services...
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NFTs are mainstream again?
The mainstream is ready to talk about non-fungible tokens (NFTs) again. In the past week, Elon Musk, Joe Rogan, Mark Cuban, and now The...
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What we can learn from the sunsetting of Reddit’s crypto rewards program
The last few decades have seen unprecedented innovation and progress in how we connect, interact and socialize with one another. The further we...
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Dubai calls on crypto firms to finalize applications by Nov. 17
Dubai’s Virtual Assets Regulatory Authority (VARA) announced Tuesday that crypto firms registered under its new regulatory framework must complete...
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Bitcoin transaction fees reach 5-month high, Ordinals surpass 38 mln inscriptions
Average Bitcoin transaction fees rose to US$5.93 on Monday, the highest in over five months, amid the latest surge in interest in Ordinals...
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Moody’s unveils AI that predicts stablecoin depegging
Moody’s Analytics, the financial services subsidiary of Moody’s, is launching a new artificial intelligence (AI) service to predict the...
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Bank of England, FCA to regulate sterling-denominated stablecoins
The Bank of England (BOE) and the Financial Conduct Authority (FCA) will regulate sterling-denominated stablecoins, the central bank announced in...
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Yuga Labs, Magic Eden to launch Ethereum NFT marketplace with enforced royalties
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT), has partnered with Solana -based NFT marketplace Magic...
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Is Hong Kong really in the forefront of the global digital money race?
Hong Kong has excelled as a world center of finance, trade and professional services. An excellence that was degraded by the brain drain in the...
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Bitcoin up 0.25% as U.S. jobs creation slows
Bitcoin rose 0.25% in the hour leading up to 9:30 p.m. in Hong Kong, to US$34,412, as the release of the U.S. jobs report showed a deceleration in...
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XRP approved by Dubai’s Financial Services Authority
The XRP token has been approved by the Dubai Financial Services Authority (DFSA), allowing firms in the Dubai International Financial Centre...