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Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System – Regulation Bitcoin News

The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the financial system,” the U.K.’s central bank described. Crypto Poses Limited

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Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament – Regulation Bitcoin News

The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional financing. Setting Up New Crypto Market

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Bank of America Launches Research for ‘Too Large to Ignore’ Digital Assets — CoinDesk

“Bitcoin is important with a market value of ~$900bn, but the digital asset ecosystem is so much more: tokens that act like operating systems, decentralized applications (DApps) without middlemen, stablecoins pegged to fiat currencies, central bank digital currencies (CBDCs) to replace national currencies, and non-fungible tokens (NFTs) enabling connections between

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Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets — CoinDesk

In 2021, the BCU created an internal working group to study instruments and operations with virtual assets using an interdisciplinary approach. As a result of this initiative, the entity developed a “conceptual framework based on the business reality of the different operations involving virtual assets, including both new activities and

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LuxFi Is Launching Asset-Backed NFT Marketplace for Luxury Assets – Sponsored Bitcoin News

sponsored Buying a Rolex watch or a Chanel bag with Bitcoins? It becomes possible with LuxFi. With the vision to bridge the gap between real-world luxury assets and digital assets (NFTs), LuxFi has announced the planned launch of its NFT marketplace. The introduction of LuxFi’s marketplace allows everyone to buy,

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Chinese Blockchain Conflux Partners GIGXPAD To Tokenize Real-world Assets In Africa

GIGXPAD, a decentralized finance (DeFi) project based in Africa, is partnering with public blockchain network Conflux to tokenize real-world assets in the country, according to a company statement shared with Forkast.News. Fast facts The collaboration, which marks the Chinese blockchain Conflux’s first use case in Africa, will see GIGXPAD deploying a decentralized

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Bitcoin miner Genesis Digital Assets raises $431M

Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics.The new funding round was led by Paradigm, one of the biggest cryptocurrency investment companies backing major industry players like Coinbase and FTX. Paradigm co-founder

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