Mastercard Launches ‘Multi-Token Network’ to Facilitate Expansion
Mastercard launches the Multi-Token Network (MTN), a blockchain-based app store that promotes financial inclusion and collaboration Key Points Mastercard, a leading global payments technology company, has recently unveiled its Multi-Token Network (MTN), a pioneering blockchain-powered app store designed exclusively for regulated financial applications. With the launch of MTN, Mastercard aims to revolutionize the financial services industry by enabling seamless …
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Cryptocurrency Exchange Binance Reverses Delisting Decision for Privacy Tokens
Binance has reversed its decision to delist privacy tokens in European markets after considering community feedback and recognizing the demand for such cryptocurrencies. Key Points Cryptocurrency exchange Binance recently announced their decision to reverse a previously planned delisting of several privacy tokens in various European markets. This move comes after receiving feedback from the community and stakeholders regarding the initial …
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U.S. Presidential Candidate Kennedy Jr. Pledges to Protect Bitcoin Rights
Presidential candidate RFK Jr. pledges to protect Bitcoin users’ rights, highlighting the growing importance of the cryptocurrency. Important Points U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has made a noteworthy pledge to safeguard the rights of Bitcoin users. In a recent statement, RFK Jr. vowed to protect and uphold every individual’s “right to use and hold bitcoin,” showcasing …
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Nevada Financial Regulator Plans Strict Measures Against Crypto Custodian Prime Trust
Nevada’s financial watchdog steps up regulatory action against Prime Trust Key Points Nevada’s financial regulator has announced its determination to crack down on Prime Trust, a cryptocurrency custodian, in a bid to strengthen investor protection and regulatory compliance within the state. The move comes as the crypto industry faces growing scrutiny and tighter regulations worldwide. The Nevada Financial Institutions …
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IMF Urges Egyptian Authorities to Prioritize Support for Vulnerable
The IMF calls on Egyptian authorities to intensify efforts in supporting the vulnerable and closing the wealth gap within the nation. Key Points Egyptian authorities have been called upon by the International Monetary Fund (IMF) to intensify efforts in supporting the vulnerable population and to close the gap of wealth disparity within the nation. The IMF, recognizing the importance …
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ADB Pioneers Revolutionary Blockchain Solution for Cross-Border Bond Settlement
The ADB successfully tested blockchain for cross-border bond settlements, dividing transactions into PvP and DvP parts. Key Points The Asian Development Bank (ADB) has made a groundbreaking announcement regarding the use of blockchain technology in cross-border bond settlements. The project, known as Project Tridecagon, was an ambitious undertaking that aimed to expand the delivery versus payment (DvP) system to international …
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Binance Continues its Global Expansion with a Regulated Crypto Exchange in Kazakhstan
Binance makes its way into Kazakhstan, as it launches a new regulated crypto exchange for the kazakhstan users. Key Highlights: Amidst mounting pressure on the world’s largest cryptocurrency exchange, Binance is forging ahead with plans to expand its operations into more welcoming jurisdictions. The latest addition to its roster of regulated crypto exchanges is Kazakhstan. On June 21, Binance made …
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Tether and Bitfinex Make Bold Move with $100K Grant for Revolutionary Operating System
Tether and Bitfinex have pledged a $100,000 grant to support the development of Qubes OS, a free and open-source operating system that prioritizes security and privacy Key Points In a move aimed at bolstering security and privacy protection, Tether and Bitfinex have pledged a generous $100,000 grant to support the development of Qubes OS, an open-source operating system. The grant …
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How Binance CEO’s Innovative Spot DCA Plan is Disrupting the Crypto World?
The CEO of Binance has revealed the introduction of Spot DCA (Dollar-Cost Averaging) on the Binance Spot platform as a measure to address market instability. Key Points Amid market volatility, Binance CEO Changpeng Zhao has launched a new feature called Spot DCA (Dollar-Cost Averaging). The feature lets users invest a fixed amount in Bitcoin at regular intervals, regardless of its …
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Marathon Digital CEO Predicts More Forced Exits Amidst Mounting Challenges in the Bitcoin Mining Sector
Key Points The CEO of Marathon Digital, Fred Thiel has sounded the alarm bells for Bitcoin miners, warning them of the mounting challenges that lie ahead. Thiel, a seasoned industry expert, believes that a range of factors including regulatory pressures, escalating energy costs, and the upcoming “halving” event, will make it increasingly difficult for miners to sustain their profitability. The …
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