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UBS Tests Blockchain Payments For Cross-Border Transfers
Swiss banking giant UBS piloted a blockchain-based payment solution seeking to improve cross-border transactions. The trial, UBS Digital Cash, is part of…
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Detroit to Accept Bitcoin And Ethereum For Tax Payments
Detroit will soon be the largest U.S. city to accept cryptocurrency for tax and fee payments. Starting in mid-2025, residents can pay…
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Understanding Double-Spending In Cryptocurrency: A Complete Guide
Double-spacing is one of the most serious problems affecting the credibility and value of digital currency and blockchain-based systems. It means spending…
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SEC Seeks Court Approval To Dismiss Kraken’s Defenses
The U.S. Securities and Exchange Commission (SEC) is intensifying its legal battle against cryptocurrency exchange Kraken. On November 5, the SEC filed…
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Kraken Expands Into Australia With A Licensed Crypto Derivatives Product
Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.…
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Private Equity Giant Blackstone Sets Sights On European Wealth Expansion
According to Reuters, private equity powerhouse Blackstone is planning to expand its presence into at least two new European markets in 2024…
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21Shares Files For Spot XRP ETF, Following Bitcoin Success
21Shares is seeking the Securities and Exchange Commission’s (SEC) approval of a spot XRP exchange-traded fund (ETF) amid increasing interest in crypto-focused…
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SEC Fines JPMorgan $151 Million For Investor Disclosure Lapses
JPMorgan Chase agreed to pay $151 million to settle five enforcement cases with the US Securities and Exchange Commission (SEC). The regulator’s…
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Paxos And DBS Debuts USDG Stablecoin
Paxos, a blockchain infrastructure company, has introduced USDG, a USD-backed stablecoin fully compliant with Singapore’s regulatory framework. DBS Bank manages the reserves…
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MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings
MicroStrategy, led by Michael Saylor, plans to raise $42 billion over the next three years to buy more Bitcoin through its “21/21…