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Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

Palau Collaborates With Japan to Introduce Blockchain Savings BondsThe government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a unique opportunity to invest in national infrastructure projects and boost economic growth. Palau Launches Blockchain-Based Savings Bonds The […]

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XRP Army Launches Petition Against SEC Appeal in Ripple Case

XRP Army Launches Petition Against SEC Appeal in Ripple CaseThe XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto sector, directly contradicting the agency’s mission. XRP Army’s Petition Calls for […]

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Crypto Fraud Ring Dismantled by Vietnamese Authorities

Crypto Fraud Ring Dismantled by Vietnamese AuthoritiesVietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong. Key Vietnamese suspects, trained in digital deception, have been arrested for their roles in the scheme, which included using fake […]

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Paypal Completes First Corporate Transaction Using PYUSD Stablecoin

Paypal Completes First Corporate Transaction Using PYUSD StablecoinPaypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal Completes First PYUSD Stablecoin Business Transaction Paypal Holdings Inc. has completed its first […]

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Institutional Investors Predict Surge in Digital Asset Fund Launches, Research Finds

Institutional Investors Predict Surge in Digital Asset Fund Launches, Research FindsInstitutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of respondents also foresee traditional financial institutions entering the sector with their own funds, driven in part by […]

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Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says

Russia’s Cybercrime Damage Exceeds .25 Billion in 2024, Minister SaysRussian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia Over $1.25 […]

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Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

Sygnum Secures Liechtenstein License to Expand Crypto Services in EUSygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, including Hong Kong and Singapore, Sygnum continues to strengthen its […]

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Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

Supreme Court of India’s Youtube Channel Hacked to Promote XRP ScamThe Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel […]

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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […]

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Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account

Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin AccountXapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services directly to the UK market,” said the CEO of […]

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