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Crypto News
CBDCs that settle on a central bank’s balance sheet are being tested in Hong Kong and Israel…
Ninety-three percent of the world's central banks are looking into the possibility of issuing CBDCs, according to BIS data.
To combat the privacy issues that have been raised in relation…
The release of Snaps will allow MetaMask to function in contexts outside from the EVM
Expanding to non-EVM blockchains including Cosmos, Solana, and Starknet was announced by MetaMask.
The most popular web3 wallet, MetaMask, has released a new software mechanism called…
PayPal Introduces New Way to Use Crypto as Payment
American clients of web3 stores may now use PayPal, a global leader in online payments, to buy bitcoins and other cryptocurrencies.
PayPal On and Off Ramps is an addition to PayPal's…
A US court has ordered a young hacker to give over Bitcoin worth $5.2 million
U.S.-based teenage hacker Ahmad Wagaafe Hared had to hand up almost $5.2 million in Bitcoin (BTC), Stellar (XLM), and a BMW sports vehicle to the authorities last month.
Last week's…
Animoca’s future work on Web3 includes a digital ID and point system
The Mocaverse, an initiative to develop digital IDs and a points system for Web3 culture, gaming, and entertainment, has benefited from a fundraising round that Animoca Brands just…
US economy’s resilience is bad news for the Fed as per Economist
Even with the Federal Reserve's stringent monetary policies, the US economy remains strong, according to economist Nouriel "Dr. Doom" Roubini.
According to Roubini, who was recently…
The SEC and Linus Financial Reach an Out-of-Court Settlement
The initiative and speed with which it was taken allowed the SEC to decide against imposing any fines.
The SEC and the Nashville-based cryptocurrency exchange Linus Financial have…
Singapore’s MAS Refuses to Relax Rules for Crypto Companies Using Its “Regulatory…
The letter had criticized Singapore for allowing crypto businesses to use its Fast and Secure Transfers (FAST) interbank payment system, calling the move "unwise."
No crypto payment…
Vice Chair of the Fed Barr provides an update on CBDC research and promotes stablecoin legislation
At the Philadelphia Fed's fintech event, Michael Barr voiced "strong concern" about stablecoins and expressed gratitude for legislative attempts to address them.
The vice chairman of the…
U.S. Legislators have asked the Blockchain Association for crypto tax advice, and the group has…
U.S. Senate Financial Services Committee lawmakers said in July that they will welcome public comments on crypto taxation through September 8.
The Blockchain Association, a…
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