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East meets West as eight top projects join global DeFi alliance

The Open DeFi Alliance has announced the launch of a western arm and onboarding of eight new member firms. Launched last month, the alliance seeks to unite leaders of the DeFi sector by forming a global cooperative consortium focused on innovation, risk management, and liquidity strategies.New members include decentralized finance

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Crypto P2P adoption in Middle East stymied by politics and tech

Data published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption. But undocumented migrants in western countries have been making use of these platforms to send money back home.According to an October report from the

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China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra

Chinese officials are reportedly planning to create an East Asia digital currency to assert more independence from the United States dollar and foster trade relations within the region. According to a recent Nikkei Asia report, 10 members of the Chinese People's Political Consultative Conference, the country’s top political advisory body, proposed

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Leading Middle East Telecoms Firm Zain Joins Hedera Governing Council

Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Zain provides mobile voice and data services to over 49.5 million active customers and has a commercial presence in eight countries in

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