Fabio Panetta reveals that the EU needs to prioritize the acceptance of a digital euro in physical stores. He says the group aims to maintain high privacy standards to maintain users’ trust. As per Christine Lagarde’s statement last year, a digital euro can roll out in 2025.…
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South Korea recently elected pro-crypto Candidate Yoon Suk Yeol as their President. Now, The Korea Federation of Banks (KFB) and its member banks are seeking approval from the incoming administration over providing crypto services. As of now, the government prohibits local banks from cryptocurrency related operations. KFB…
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Institutions are not getting left behind by the crypto bandwagon. A survey by Goldman Sach reveals that the number of institutional investors with exposure to the crypto market has increased markedly. Institutional investors want more crypto exposure As reported by Arcane Research, 51% of the 172 institutional…
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After tapping a weekly high of $48,000 on Monday, the bitcoin price erased the gains and dropped to as low as $44,250 on Thursday night after a 5.1% retracement.
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The interest in the virtual world has gained momentum since the latter half of 2021. The non-fungible tokens (NFTs) sales also spiked following the announcement of various projects. Considering many variable factors, Citi, an investment banking company, has projected that the Metaverse market could grow between $8…
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Baanx, a UK-based fintech building next-generation financial services, has announced its plan to expand its services by opening up new offices in various regions of Europe. Initially based out of London, Baanx is building the future of financial services by bridging the gap between fiat and digital…
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The week was particularly exciting and filled with many events on all sides of the spectrum. From the Azuki airdrop to the Ronin bridge hack - there are no boring days in crypto.
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Popular crypto channel, Altcoin Daily, has shared with its subscribers the top 6 altcoin projects with massive potential and preparing for huge breakouts. Moreover, they also explained why you need to start following these cryptocurrency protocols, as they’re doing big things and changing the entire market. Ethereum…
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The upcoming Jamaican CBDC should help the large percentage of the population who are financially excluded, the Bank of Jamaica's Governor Natalie Haynes said.
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New Jersey-based fintech Cross River Bank announced today that it has closed a $620 million financing round.  The post Cross River Bank announces $620 million funding round led by Eldridge and a16z appeared first on The Block.
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