Bank of America has released a 140-page report covering the digital assets industry, including NFTs, institutional investments and rates of growth. According to the report, the industry is still “young” and has great potential for …
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Elon Musk: Dogecoin Won’t Need To Match Visa’s Speed To Be Useful
Elon Musk recently talked about the future of Dogecoin: “BTC and ETH are pursuing a multilayer transaction system, but base layer transaction rate is slow & transaction cost is high. …
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San Marino approves VeChain eNFT vaccination certificate
The Republic of San Marino has approved VeChain’s NFT-based vaccination passport that allows verification worldwide. The vaccination passport contains a record of past infections, negative test results, and also provides …
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Ukraine starts treating its Central Bank Digital Currency as Cash
Ukraine has passed a new law that would put its central bank digital currency (CBDC) on the same level as other payment instruments in the country. The CBDC is yet …
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Bank Of France’s Villeroy Says Europe Should Regulate Crypto
Bank of France governor, François Villeroy de Galhau, has recommended the urgent creation of a framework for cryptocurrency regulation to avoid potential erosion of Europe’s monetary sovereignty. “I must stress …
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SBI, Hamamatsu Iwata Bank pick Ripple’s tech for international remittance
Japan’s SBI has been a long-standing partner of Ripple since 2016. SBI Remit, a subsidiary of banking giant SBI, recently announced collaboration with a major Japanese bank – Hamamatsu Iwata. …
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650 American banks and credit unions will offer bitcoin purchases
650 U.S. banks will soon be able to offer bitcoin purchases to an estimated 24 million total customers. It is the result of the deal between enterprise payments giant NCR …
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Thai bank’s venture arm to invest in institutional crypto custodian Anchorage
Just last month, SCB 10X — the venture arm of Siam Commercial Bank — had announced its new $50 million funds dedicated to investments in global blockchain, decentralized finance, and digital …
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FCA Releases Detailed Five-Point Plan to Turn UK into a Fintech Hub
Upon the announcement of the United Kingdom budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the U.K. fintech sector. On Friday, eight months …
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The Federal Reserve will engage the public on a digital dollar this year
The Federal Reserve will be engaging with the public on the question of a digital dollar, according to Chair Jerome Powell. Powell made his comments during Wednesday’s House Financial Services Committee …
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