Tag: 9389
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Citi survey finds crypto to manage 10% of post-trades by 2030
Citi survey projects crypto will process 10% of post-trades by 2030, highlighting blockchain adoption in financial markets like Bitcoin and Ethereum.
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SWIFT CIO confirms banks reject Ripple and XRP over 2023 regulatory actions
SWIFT CIO Tom Zschach states banks distrust Ripple and XRP due to regulatory concerns, citing SEC litigation and 2023 market volatility of 60%.
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Yunfeng Capital buys 10,000 ETH for $44 million in Hong Kong investment move
Yunfeng Capital, linked to Jack Ma, purchased 10,000 ETH for $44 million in Hong Kong, signaling institutional interest in Ethereum.
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Ripple integrates with 4 billion-account network, expanding cross-border payments to 55 countries in 2023
Ripple integrates with Alipay and WeChat Pay, reaching 4 billion accounts and expanding cross-border payment capabilities across 55 countries.
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India leads global crypto adoption with 7.3% penetration in 2023, surpassing US and Nigeria
India leads global crypto adoption with 7.3% penetration, surpassing the US and Nigeria, driven by Chainlink and Polygon ecosystem growth.
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Crypto billionaires inject $21M Bitcoin to advance U.S. crypto capital policies in 2023
Crypto billionaires donated $21 million in Bitcoin to support pro-crypto policies, aiming to establish the U.S. as the leading hub for digital assets.
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Bitcoin corporate holdings decline 15% in Q2 2024 as treasury strategy faces volatility
Bitcoin (BTC) dropped 15% in Q2 2024, with MicroStrategy (MSTR) and Tesla (TSLA) among firms holding over $10 billion in corporate treasury assets.
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China lifts cryptocurrency ban in 2024, allowing yuan-backed stablecoins under new regulations
China plans to lift its cryptocurrency ban in 2024, allowing yuan-backed stablecoins like CNHC and e-CNY to operate under new regulatory frameworks.
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Brazil debates $19 billion Bitcoin reserve proposal in congressional hearing on cryptocurrency allocation
Brazil’s Congress will debate a $19 billion Bitcoin reserve proposal involving BTC and ETH, potentially allocating 1% of national reserves to cryptocurrencies.
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Kazakhstan launches Central Asia’s first spot Bitcoin ETF with $10 million AUM
Kazakhstan launches Central Asia’s first spot Bitcoin ETF, tracking BTC. The fund, managed by Freedom Finance, holds $10 million in assets under management.
