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More South Korean Crypto-to-Crypto Exchanges Hopeful of Making Fiat Returns


    A group of South Korean crypto exchanges could be granted permission to resume crypto-to-fiat trading after a breakthrough banking deal last week – but opinions differ on whether the 23 exchanges currently trapped in crypto-to-crypto purgatory will escape before they are overwhelmed...

Binance Joins Russian Banking Union, Will Head New Crypto Department


  The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department.... Read More: Binance Joins Russian Banking Union, Will Head New Crypto Department

Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions


  Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC). As reported, a large range of “hard” wallets – which require no permanent internet connection...

Here is JPMorgan's 'Metaverse Strategy' Advice for Businesses


  US-based banking giant JPMorgan finds that the metaverse will bring the need for new services and business models tailor-made for that digital era. It argues that this does not mean businesses should abstain from exploring the metaverse – and for companies interested in going down this path...

Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022


  The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers. The plans include an online portal that allows clients to place orders for various digital...

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