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Bash Sarmiento
Bash Sarmiento is a writer and an educator from Manila. He writes laconic pieces in the education, lifestyle and health realms. His academic background and extensive experience in teaching, textbook evaluation, business management and traveling are translated in his works.
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Top 10 Banks to Launch Reserve-Backed Digital Tokens in G7 Currencies
Ten major global banks plan to issue digital tokens backed by reserves for use on public blockchains.The tokens will support payments in currencies of...
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Samsung Expands Crypto Services to 75M Galaxy Users in US
Samsung Electronics has broadened its collaboration with Coinbase to provide crypto services to 75 million Galaxy users in the U.S.Users can buy cryptocurrencies directly...
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Brazil Central Bank Narrows DREX Project, Moves Away From Blockchain
Banco Central do Brasil is narrowing the focus of its DREX digital currency project.The project will shift from exploring blockchain towards enabling asset-based lending...
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BBVA Provides Off-Exchange Custody for Binance Crypto Assets
BBVA has started to offer off-exchange custody for the Binance cryptocurrency platform.
This service allows traders to store assets with an independent bank, reducing risk...
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NYDFS Fines Paxos $26.5M Over Binance Ties, Orders Compliance Fix
Paxos Trust reached a settlement with the New York Department of Financial Services (NYDFS), agreeing to pay a $26.5 million penalty and invest $22...
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Marex Adopts JP Morgan’s Kinexys for Instant Cross-Border Payments
Brevan Howard Digital adopted Kinexys Digital Payments by JP Morgan for instant, cross-border settlements.Marex will now use Kinexys to process Brevan Howard Digital payments,...
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Matera, Circle Partner to Help Banks Offer Stablecoins Easily
Matera, a banking software provider, addresses key barriers for banks in offering stablecoins.
Banks face challenges with stablecoin custody and system compatibility, discouraging adoption.
Matera partners...
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White House Plans Order Against Banks Over Conservative De-Banking
The White House is preparing an executive order to penalize banks for alleged discrimination against conservatives and cryptocurrency businesses.
The proposed action includes investigations into...
