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Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot


China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots. WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market. But in recent years, Tencent has moved to align with...

Kraken Explores Stock and ETF Trading, A First for Crypto Exchanges


San Francisco-based crypto exchange Kraken is reportedly considering a move into the stock market with the addition of stocks and exchange-traded funds (ETFs) to its trading platform, according to a Bloomberg report today. The move, slated for as early as 2024, will mark Kraken as the first crypto...

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing


U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless...

SEC Postpones Verdict on Ark 21shares and Global X Spot Bitcoin ETFs


The U.S. securities regulator recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the U.S. Securities and Exchange Commission (SEC) has marked January 10, 2024, as the decisive day to either greenlight or reject the proposed amendment. SEC Pushes Back Decision...

MoneyGram announces non-custodial digital wallet launch


MoneyGram recently shared its plans to launch a new non-custodial digital wallet. The announcement was made at the annual Stellar Meridian Conference. The platform also shared an official tweet to share the information with users. The tweet read that the official launch of the wallet will be in...

SDX Welcomes 6th Exchange To The Fold


Hypothekarbank Lenzburg, a prominent regional Swiss bank with assets exceeding $7 billion, has joined the Six Digital Exchange (SDX), becoming the sixth Swiss bank to do so.  In a Wednesday press release, SDX said it welcomes Hypothekarbank Lenzburg as a new member of its central securities...

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