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Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin

The Hong Kong Monetary Authority presented its completed Aurum retail central bank digital currency (CBDC) prototype on Oct. 21. The system, developed in conjunction with the Bank for International Settlements (BIS) Innovation Hub, has a unique structure that reflects the intricacies of the existing system for issuing money in Hong

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India Freezes Crypto Exchange Wazirx’s Bank Assets — Binance Claims Acquisition of Wazirx Was ‘Never Completed’ – Exchanges Bitcoin News

A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. However, Binance CEO Changpeng Zhao (CZ) now claims that the acquisition was “never completed.” Wazirx, however, maintains that

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Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool – Press release Bitcoin News

press release PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market. From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue from spot trading

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Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’ – Fintech Bitcoin News

The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank of Jamaica (BOJ) recently revealed that

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