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G20 Leaders Release Statement on Digital Assets and Central Bank Digital Currencies (CBDCs)

G20 leaders have issued their statement following a two-day summit in New Delhi, with India presiding over the G20 this year. The 37-page statement includes a section on the policy and regulation of digital assets and central bank digital currencies (CBDCs). Regulation of Digital Assets...

Paypal’s Stablecoin Launch Garners Positive Congressional Reception

In the realm of modern financial developments, U.S. Representative Patrick McHenry has offered his insights into the recent launch of a U.S. dollar-pegged stablecoin by the eminent payment giant, Paypal. Exploring the Promise of Stablecoins Chairing the distinguished House Financial Services Committee, McHenry embraced this momentous...

Visa Launches Roadmap for Digital Currency Products Using Ethereum Technology

Visa, the global digital payments company, has announced a roadmap that includes digital currency products based on Ethereum technology. This move is an expression of Visa's interest in new technology and its commitment to keeping up with the latest developments in the world of...

Mike Novogratz warns of an attack on the digital currency industry, but there’s one reason he remains optimistic

Billionaire Mike Novogratz, CEO of Galaxy Digital, has warned that the digital currency is currently facing a severe attack. However, Novogratz remains optimistic about digital currencies for one reason. Recently, digital currencies have experienced a significant drop in value due to many factors, including strong...

Binance Launches New Regional Hub in Georgia

Binance recently announced the launch of a new regional hub in Georgia, making it one of the latest global financial companies to enter this rapidly growing market. The new hub was created to serve its customers in the Middle East and North Africa region,...

Digital Currency Companies Flock to Hong Kong

Australian cryptocurrency trading company Independent Reserve is looking to take advantage of investment opportunities in Hong Kong, as the city strives to become a cryptocurrency hub in Asia. The company's CEO, Adrian Przelozny, considers Hong Kong's licensing system to make it an ideal destination for...