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PayPal Makes First Corporate Payment With PYUSD Stablecoin
PayPal has made its first corporate payment using PayPal USD (PYUSD), a stablecoin pegged to the US dollar. According to a Bloomberg…
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Investors Shifted Their Focus To This Week’s Job Report. What To Expect In The Upcoming Days?
Wall Street’s major indexes were choppy in volatile trading on Thursday, as investors remained cautious ahead of a crucial labor report released…
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Understanding Fully Diluted Valuation (FDV) In Crypto Investing
Fully Diluted Valuation (FDV) is an important statistic for appraising bitcoin projects. It allows you to estimate a project’s complete potential worth…
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Japan Considers Crypto Rule Change Favouring Lower Taxes, Dedicated ETFs
Japan is reportedly interested in reviewing its cryptocurrency rules in the coming months. The rule change could introduce lower digital asset taxes…
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Can Switzerland’s New Central Bank Chief Restore Faith In Its Banking System?
Martin Schlegel steps into the leadership of the Swiss National Bank (SNB) this week, taking over the reins from long-time chief Thomas…
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Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea
American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose…
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Citigroup And Apollo Partner For $25B Private Lending Program
Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi’s Mubadala Investment Company…
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Binance’s Founder Changpeng Zhao Released From US Prison
Changpeng “CZ” Zhao, the founder of Binance, was released from custody on Friday, Bloomberg first reported. After spending three months in a…
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Robinhood And Revolut Consider Entering Stablecoin Market
Fintech companies Robinhood and Revolut are exploring the possibility of launching their own stablecoins. This move is influenced by rapid growth, spurred…
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PayPal Expands Cryptocurrency Services To U.S. Businesses
On September 25, PayPal announced a major expansion of its cryptocurrency services. U.S. businesses can buy, hold, and sell cryptocurrencies directly from…