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Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

The 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…

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Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits…

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Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025

Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to…

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Blockchain-Based Platform Created by Saudi Students Places Third in National Women’s Coding Competition

A blockchain-based tender bidding platform that was designed by female university students has been named the third-best entry in a Saudi Arabian women’s coding competition. The competition is said to…

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Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina

Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in…

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Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’

Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank…

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Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers

Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks…

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No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’

The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole currency again. Government Focused on Strengthening Local…

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