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JPMorgan Mulls Blockchain-Based Deposit Token, Report

10.9.2023
America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used...

Binance Executives for Russia and Eastern Europe Leave Top Exchange

8.9.2023
Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....

China’s Social Media Giant Weibo Purges Crypto Content, Bans Users

8.9.2023
The Chinese social media titan Weibo has deleted 80 popular crypto-related accounts and removed “17,000 illegal profit-making-related posts” from its platform. The firm’s operator Sina says Weibo has some 258 million daily active users. It thrives in a nation where popular international social...

Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers

5.9.2023
Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to explore streamlining settlement in the Circle-issued...

Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal

5.9.2023
The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities. Per the Securities Times, via Stockstar, the two firms have sealed a “cooperation agreement” that will see them “deepen” their...

Dogecoin & Solana Drop, Yet Borroe Booms: The Silent Crypto Giant Emerges

31.8.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Dogecoin (DOGE) and Solana (SOL) are trying to recover from the recent downturn caused by the August 17 crash.  Their network activity was high, so analysts expect a quick recovery. ... Read More:...

Mastercard and Binance Ending Partnership for Crypto Cards

26.8.2023
Mastercard and crypto exchange Binance are ending their partnership for crypto cards. According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card programs with Binance in Argentina, Brazil, Colombia, and Bahrain. Partnership Between Mastercard...

The Next Big Wave Of Video Game Layoffs Is Here [Update]

24.8.2023
Despite a booming job market overall, 2023 kicked off with the biggest tech companies laying off thousands of employees. Cuts at Microsoft hit Halo Infinite devs at 343 Industries and other game teams across the company, including at Bethesda. Months later, layoffs are continuing across other...

Today in Crypto: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling for All Financial Products Including Crypto, SBF's Layers Can 'Make Unlimited Advantage of Visitation Hours'

24.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling...

Nigerian Association of Money Changers Calls for Banning of Binance

12.8.2023
The leader of Nigeria’s Association of currency exchangers has accused the crypto giant Binance of helping to worsen the local currency’s woes and asked authorities to consider banning the platform. The leader suggested that the optimism which ensued after Tinubu’s government floated...

UBS Expects US Dollar Dominance to Persist for ‘Years to Come’

10.8.2023
Swiss investment banking giant UBS expects the U.S. dollar’s reign to live on. “We firmly believe we will be living in a U.S. dollar-centric world for years to come,” the bank’s executive said, adding that there will be some room for competitors. UBS on US Dollar’s Dominance...

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