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Project Mariana Tested Cross-Border Trading Using CBDCs

BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for...

11 months ago

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository.

6th Swiss bank joins SDX crypto exchange

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, has become the sixth Swiss bank to join Six Digital Exchange (SDX). According to the press release f...

11 months ago

Besides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving customers in Taiwan.

Taiwan bans unregistered foreign crypto exchanges from operating

Taiwan’s Financial Supervisory Commission (FSC) is moving to improve protections for cryptocurrency investors by introducing new rules. The FSC has formulated the key p...

11 months ago

Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’

Four members of the House Financial Services Committee – including Rep. Tom Emmer, the majority whip in the House leadership – called on the SEC to move forward to appr...

11 months ago

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Banking giant Chase is banning crypto-linked payments via debit card or by outgoing bank transfer for U.K. clients starting Oct. 16, according to an email to customers. "If we thi...

11 months ago

Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan.

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan

The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takesh...

11 months ago

Startling Crypto Leak Hints at Microsoft's Game-Changing Impact on Cryptocurrency Values

Shock Crypto Leak Reveals Microsoft Could Be About To Blow Up The Price Of Bitcoin, Ethereum, XRP And BNB

The bitcoin price has collapsed since the Federal Reserve began its tightening cycle in late 2021 and could now be headed for further Fed pain, potentially weighing on the wider $1 trillion...

11 months ago

King of crypto

How the fall of the 'King of Crypto' cost one British man millions

With the so-called "King of Crypto" about to go on trial for multiple fraud charges, one British man tells how the collapse of Sam Bankman-Fried's company lost him a fortun...

11 months ago

Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.

Mixin Network Losses Nearly $200M in Hack

Mixin Network has confirmed a report from SlowMist, a blockchain security consultancy, that it has been hacked for nearly $200 million. “In the early morning of September 23...

11 months ago

Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app.

Foreign Travelers Can Now Use China’s Digital Yuan App

Per the China Business News, via Yicai, the bank has updated its app to allow visitors to China “to download the digital yuan app from app marketplaces.” The platform ...

11 months ago