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Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge

United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC)…

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Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

The "Oracle of Omaha" now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies.

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Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies

Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency…

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Tanzanian Fintech Raises $10 Million, Plans to Enter 12 More African Countries

A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an expansion into other African countries.…

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Central Bank of Jordan Exploring the Possibility of Launching a CBDC

The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national…

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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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British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated

According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a…

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FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside…

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