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Cambodia’s Bakong Digital Currency Teams Up with Alipay for Expanded Reach


Source: Adobe / anekoho In a move to enhance cross-border payments, Cambodia’s Bakong digital currency system, a component of the National Bank of Cambodia (NBC), has entered into a memorandum of understanding (MoU) with Chinese payment provider Alipay, Cambodia’s Phnom Penh Post recently...

Trading volumes for NFTs reach a four-month high


In September, a number of prominent news organizations declared non-fungible tokens (NFTs) to be devoid of value. The trading volume of NFTs has increased dramatically, culminating in a four-month high on November 10. Many popular collections posted gained double-digit percentages compared to...

Crypto climax: The race among top coins to achieve ATH in 2023


Amidst the upheaval that surrounded cryptocurrencies, every conceivable token has since moved on. Bitcoin is leading the charge with a value of more than $35k now, and ETH is dancing above $1,700 pretty safely. It would be right to state that the case is with nearly all the digital tokens that...

Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight


In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...

HSBC Launches Tokenization Platform for Gold Markets


HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated that these gold tokens will be tradable using...

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