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Even with the massive inflow of institutional capital into the cryptocurrency market, many traditional financial institutions have continued to remain wary of this asset class. Joining their ranks was Europe’s largest bank, HSBC, as its CEO reiterated his skeptical stance towards crypto, even as he expressed his enthusiasm for CBDCs. HSBC Group CEO, Noel Quinn
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Huobi Technology Holdings Limited (“Huobi Tech”, Stock code: 1611.HK) is committed to becoming the leading one-stop virtual asset service platform and is actively developing its trust and custodian business services provided by Huobi Trust Hong Kong and Huobi Trust US respectively. Huobi Trust Hong Kong is a trusted company registered in Hong Kong, which provides
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Ripple is in the news today after it announced a partnership with Bhutan’s central bank – the Royal Monetary Authority (RMA) – for a central bank digital currency (CBDC) pilot. This development was welcomed by the likes of Yangchen Tshogyel, Deputy Governor of the RMA, who said, “Our collaboration with Ripple is testament to the
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It has been a tense time for Coinbase. The crypto-exchange recently felt the regulatory squeeze when the United States SEC reportedly threatened to sue if Coinbase launched its high-interest crypto product – Lend. These developments, however, haven’t stopped the exchange from highlighting its efforts towards compliance. A recently-released Twitter thread is a case in point.
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#биткоин #альткоины #cryptostrategy Друзья, в нашем сегодняшнем выпуске поговорим о рынке, посмотрим на CryptoBubbles, обсудим индекс страха и жадности, Datamish – ситуация с лонгистами и шортистами❗ Также традиционно обсудим флагманов: Биткоин и Эфир❗ Обзор монет в выпуске: BTC/ETH/SOL/ATOM/DASH/ICP/BNB/EGLD/XRP/XLM/ADA/SNX/LTC/C98/AVAX/ALGO/THETA Таймкоды: 00:10 – CryptoBubbles 01:30 – индекс страха и жадности 02:07 – Datamish 03:11 – новости по
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With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers. According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide. The figure is part of a more significant trend that has seen emerging technology become a
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The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hours corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto investors were clearly worried about the possible bankruptcy of China’s Evergrande real estate firm and many feared that the possible default could spark a global
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