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Nalezeno "AI-focused": 957

BRICS Not Focusing on Creating Common Currency, Indian Official Says


A top Indian official has downplayed the creation of a shared BRICS currency. Emphasizing that “common currency discussions have several prerequisites before you can even talk about a common currency framework,” the official stressed that the BRICS nations have focused on boosting settlements...

Bank of England Remains Focused on Systemic Stablecoin Regime


The UK central bank has released a consultation response on systemic stablecoins, suggesting that it remains committed to a systemic stablecoin regime. On Tuesday, the Bank of England (BoE) released the "Payments Regulation and the Systemic Perimeter" framework, which agreed on co-supervision...

Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding


Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...

EU Draft Law Focused on Privacy in Using a Digital Euro Offline: CoinDesk


A proposed digital euro would have to be usable offline from day one to safeguard privacy, according to a draft law obtained by CoinDesk.  “The digital euro shall be available for both online and offline digital euro payment transactions as of the first issuance of the digital euro,” according...

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