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Alibaba Expands B2B Platform With AI Tools, JPMorgan-Backed Tokenized Payments Pilot
Alibaba is moving to modernize its global B2B business with new paid AI tools and a push into tokenized payments, marking one…
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Kyrgyzstan Teams Up With Binance To Launch State-Backed Stablecoin
Kyrgyzstan has launched a national stablecoin and moved to introduce a central bank digital currency for state transactions, stepping up its effort…
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JPMorgan To Accept Bitcoin, Ether As Collateral For Institutional Loans
JPMorgan Chase is set to allow institutional clients to use Bitcoin and Ether as collateral for loans, marking a notable expansion of…
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UK Steps Up Crypto Tax Enforcement As HMRC Sends 65,000 Warning Notices
HM Revenue & Customs (HMRC) has stepped up enforcement activity after identifying gaps in tax declarations from investors who trade cryptocurrencies such…
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Japan’s Largest Banks Plan Joint Stablecoin For Corporate Payments
Japan is preparing for a major shift in digital finance as the country’s three largest banking groups plan to jointly launch a…
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Visa Closes U.S. Open-Banking Unit, Shifts Focus To Europe And Latin America
Visa has closed its open-banking unit in the United States, a source familiar with the matter told Reuters, underscoring growing tensions between…
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Wall Street And European Banks Explore G7-Backed Stablecoins In Blockchain Shift
Global banks have joined forces to explore issuing digital money on public blockchains in a shift in how traditional finance approaches blockchain…
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HSBC Bids To Take Hang Seng Private In $13.6B Deal, Pauses Buybacks
HSBC made a move to tighten its grip on Asian banking after offering HK$106.1 billion ($13.6 billion) to buy out minority shareholders…
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UK Banks Launch Tokenized Deposit Pilots To Test Faster Payments
UK banks are quietly embracing blockchain technology, launching pilots of tokenized deposits that could reshape the way money moves across Britain’s financial…
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Coinbase Seeks Federal Trust Charter In Bid To Expand Crypto Payments
Coinbase has officially applied for a national trust charter with the U.S. Office of the Comptroller of the Currency (OCC), the exchange…