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Study: US Financial Advisors Expect Proportion of Crypto Holding Clients to Increase by 60%

According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or…

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UAE Based Money Transfer Firm Announces Partnership With Ripplenet

Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders.…

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Myanmar Military Government Proposes to Jail Digital Currency and VPN Users

Myanmar’s military-ruled government is proposing to enact laws that will see users of virtual private networks (VPN) and digital currencies being jailed for up to three years. In addition, offenders…

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Russian Banks Begin Testing Digital Ruble Payments

Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer…

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Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market

The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club…

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These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago.…

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Hong Kong begins discussions to introduce stablecoin regulatory framework

The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and…

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Digital Yuan Wallet Ranks Among Most Downloaded Apps in China

The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with…

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Report: Morocco Now North Africa’s Leading P2P Crypto Trading Nation

In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in…

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Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’

The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment…

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