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Tether Abandons Uruguay Mining Strategy Amid Regulatory Hurdles
Tether has shut down its mining operations in Uruguay after failing to reach an agreement with authorities over electricity tariffs, ending a…
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Italian Banks Endorse ECB’s Digital Euro, Seek Flexibility On Spending
Italian banks have voiced strong support for the European Central Bank’s (ECB) digital euro but are asking regulators to spread out the…
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CoinShares Withdraws Solana ETF Application After Structuring Deal Falls Through
CoinShares stepped back from the race to launch a staked Solana ETF, pulling its Securities and Exchange Commission filing on Friday and…
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Russia’s Second-Largest Bank To Open Spot Crypto Trading To Rich Clients
VTB prepares to open Russia’s banking system to spot crypto trading, but only for a narrow group of wealthy clients, as the…
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Western Union Bets On Stablecoins To Shield Remittances From Inflation Shock
Western Union is preparing to launch an inflation-resistant “stable card” and issue its own coin as it pushes deeper into digital assets…
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Interactive Brokers Expands Crypto Rails With Stablecoin Deposits
Interactive Brokers Group Inc. has started to let retail investors fund individual brokerage accounts with stablecoins, highlighting how cash-like crypto tokens move…
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US Regulators Grant Trust Bank Charters To Circle, Ripple, And Other Crypto Firms
US regulators granted conditional national trust bank charters to five prominent crypto players. The Office of the Comptroller of the Currency (OCC)…
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EU Plans To Tap Russian Assets Spark Legal And Economic Showdown
Russia’s central bank has strongly criticized European Union plans to use Russian state assets frozen in Europe, calling the move illegal and…
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Major Japanese Banks To Roll Out Yen Stablecoins Under New FSA Initiative
Japan is taking another decisive step into blockchain-powered payments. The country’s financial regulator has endorsed a joint initiative between its largest banks…
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Argentina’s Crypto Exchange Ripio Launches Peso-Pegged Stablecoin After Sharp Fall In Inflation
Latin American crypto exchange Ripio has launched a new stablecoin pegged to the Argentine peso, in a move that expands its blockchain-based…