UAE regulations may lead to crypto payment ban, warns lawyer

UAE lawyer Irina Heaver told Cointelegraph that the policy shift could signal a less favorable environment for crypto in the UAE.

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Ghana, Singapore conduct trade in semi-fungible token pilot project

Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.

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USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

The US and Nigeria are set to discuss the digital economy, AI advancement, and economic ties at a conference in Abuja. (Read More)

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Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings

In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades, and speculating on how miners will cope with the impending [...]

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Silicon Valley Bank’s UK branch shut down by Bank of England

The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” and no “critical functions” supporting the financial system in the United Kingdom (UK). BoE issued a statement on Mar. 10, declaring that SVB UK will “stop making payments or accepting deposits,” [...]

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Global Cyber??attacks Rose 151% due to Growth in Digital Economy

The growth of the digital economy and the effects left by the covid-19 in the last two years, produced a 151% increase in cyber attacks.

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Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July

As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July. Even though bitcoin lingered just above $30,000 on Monday, its valuation on Binance [...]

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Thailand should study crypto to remain relevant former Thailand PM

Excluding memecoins, there are currently tens of thousands of cryptocurrency tokens and coins, with more being developed every day.

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Suriname the next Bitcoin Nation? Crypto inspires Parbhoe to fight corruption

Surinames new presidential candidate Parbhoe wants a deeper Bitcoin nation than Nayib Bukeles El Salvador. 

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Report: Crypto Exchange Binance in New Partnership that Seeks to Deepen Crypto Adoption in Africa

In what has been described as a collaboration that will deepen crypto adoption, the cryptocurrency exchange Binance recently said it partnered with the African video streaming service Showmax. Binance users that enroll to become active in Web3 will be rewarded with a month-long video streaming subscription. Africans Embracing Blockchain Cryptocurrency exchange Binance said it has [...]

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BTG Pactual Launches Stablecoin Backed by USD

Brazilian investment bank BTG Pactual has launched its own stablecoin, BTG Dol, which is pegged to the value of the US dollar on a 1:1 ratio. The stablecoin will allow customers to "dollarize" a portion of their equity and will facilitate interaction between traditional finance and the digital economy. (Read More)

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HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG

According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG, as a strategic move to bolster the city's digital economy. (Read More)

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