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1. Shinhan Bank is testing payments on the Hedera network
South Korean Shinhan Bank has completed a pilot project of money transfers using stablecoins in the Hedera network (HBAR).
The aim of the project was to...
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1. Ripple vs SEC: preliminary results
District Judge Analisa Torres referred the Ripple case to Justice of the Peace Netburn for a general preliminary trial. In fact, this is the final phase of the settlement of the Ripple...
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1. Australia: the first application for a spot bitcoin ETF
An application has been submitted to the Australian Stock Exchange (ASX) for Australia's first fully licensed spot bitcoin ETF in accordance with new regulatory...
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1. XRP Becomes the 4th largest Cryptocurrency
After a partial victory in Ripple Labs' court over the Securities and Exchange Commission (SEC), XRP's market capitalization grew by a whopping $21.2 billion and reached a new...
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1. EU officials expect a surge in the issuance of stablecoins
In May of this year, the Council for Economic and Financial Affairs of the European Union approved MiCA, a comprehensive set of rules for trading crypto assets...
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1. The State Duma adopted the law on the digital ruble
The State Duma adopted a law fixing the legal norms for the introduction of the digital ruble in Russia - the third form of the national currency (in addition to the...
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1. XRP: results of the second quarter of 2023
According to a recent report by the cryptanalytic platform Messari, despite continuing concerns about Ripple's lawsuit against the SEC, the XRP Ledger (XRPL) showed significant...
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1. Binance is rapidly losing its position
Binance, the world's largest cryptocurrency exchange, is facing a significant reduction in market share due to regulatory pressure.
Last week, some of Binance's top managers...
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1. The UAE is a leader in mining in the Middle East
The United Arab Emirates is gradually strengthening its status as the leading jurisdiction in cryptocurrency mining.
According to Hashrate Index, the total bitcoin...
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1. Difficulties of Crypto Regulation in the EU
🔸 On the one hand
According to the European Commission, 20 blockchain projects were selected in the first group to receive legal advice from regulatory authorities.
The...
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1. Hong Kong aims to become a Web3 hub
According to a press release, the Hong Kong government has created a Task Force to promote the development of Web3. The group is led by Financial Secretary Paul Chen and consists of...
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1. The development of the situation with bitcoin-ETF
On Friday, The Wall Street Journal reported that recently submitted applications for a spot bitcoin ETF were "inadequate" and this news caused a significant correction...
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1. Legislation in the field of cryptocurrencies
The UK bill giving regulators the right to control cryptocurrencies and stablecoins was approved by King Charles, which was the last formal stage at which the bill becomes...
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1. Ledger launches Tradelink trading platform
On June 28, the Paris-based Ledger company specializing in cryptocurrency security announced its entry into the institutional trading space.
The company is launching a new...
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1. Tokenization of carsharing in Austria
Tokenization of real-world assets is the trend of the next decade. An interesting case can now be observed in Vienna, where the Eloop carsharing service announced that half of its...
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1. Legalization of cryptocurrencies in Russia
The cryptocurrency will be legalized in Russia, after which its movement will be taken under serious control. This was announced on Saturday at the Cheboksary Economic Forum by...
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1. German giant SAP is testing payments in USDC
SAP, the largest non-American software company by revenue, is starting to use the USDC stablecoin to test cross-border payments.
The company's announcement says that...
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1. Powell: stablecoins are a form of money
Federal Reserve Chairman Jerome Powell spoke before the House Financial Services Committee on the state of monetary policy.
The committee members also asked Powell about...
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1. BlackRock causes a wave of new applications for Bitcoin-ETF
At least two investment companies have filed their own applications for spot bitcoin ETFs after investment giant BlackRock made a similar move:
- The New...
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1. Wall Street giants launch their exchange
A consortium of leading broker-dealers, global market makers and venture capital companies (Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital...