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Latest Results from /crypto

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Global CBDC adoption is on the horizon – Giesecke + Devrient

Digital payments innovation in different regions of the world is being spurred on by Central Bank Digital Currency (CBDC) adoption, as nations experiment with new payments options that can be more inclusive and dynamic. 130 countries are currently exploring the possibilities with CBDC adoption, which allows for digital money to be supported and used publicly alongside cash whilst supported by the nation’s central bank.

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Digital Dollar Project and Western Union pilot CBDC for cross-border remittances

The Digital Dollar Project says a pilot carried out with Western Union into the use of CBDCs for cross-border remittances has found a host of potential benefits.

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North Korean hackers preparing to cash out $40 million in stolen bitcoin

North Korean cybercriminals are expected to dump $40 million in stolen bitcoin on the market over the coming days.

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Australian central bank CBDC research highlights long path to any future deployment

A year-long research project by the Reserve Bank of Australia has uncovered a number of legal, regulatory, technical and operational issues that could stymie the introduction of a central bank digital currency (CBDC)

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SEC charges fintech investment adviser with violating marketing rule

The Securities and Exchange Commission has charged fintech investment adviser Titan Global Capital Management USA with misleading investors with advertisements about performance metrics.

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Slovenia ranked as EU's most crypto-obsessed country

Slovenia has emerged as the most 'crypto-obsessed' state in Europe, according to recently published research.

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Canadian fintech investment plummets

Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the Covid-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG.

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Survey suggests industry divided on CBDCs

The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.

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Coinbase gets green light to list crypto futures in US

Coinbase has secured approval to offer cryptocurrency futures trading to US retail customers.

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Singapore rolls out new regulatory framework for stablecoins

The Monetary Authority of Singapore has introduced a new regulatory framework intended to boost the stability of the nation's certified stablecoins.

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PayPal names Intuit exec Alex Chriss CEO

PayPal has named senior Intuit executive Alex Chriss president and CEO, replacing Dan Schulman.

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Bank of Canada paper casts doubt on CBDC value

The usefulness of a central bank digital currency in addressing unmet payment needs in a cashless environment has been called into question by a Bank of Canada discussion paper.