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Stu Alderoty, the chief legal officer for Ripple Labs, has reportedly said United States-based banks may turn to XRP for cross-border transactions following a recent court ruling.According to a July 17 CNBC report, Alderoty expressed confidence that U.S. banks and financial institutions could begin exploring XRP for use in cross-border
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The Australian dollar, which is sensitive to the Chinese economy due to the strength of trade ties between the two countries, fell 0.7% against the U.S. dollar, and China's benchmark equity index, CSI, traded flat to negative. MSCI's broadest index of Asia-Pacific shares outside Japan fell more than 0.5% and
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Health and fitness platform Sweat Economy is finally set for a US launch to incentivize exercise, amid Web3 awareness growth. Emerging decentralized application (dApp) Sweat Economy plans to launch in the US this September. The arrival of the Web3 project and its native $SWEAT token in America will coincide with its
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Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, Ripple, Octava, NEO Global Capital, Appworks, GSR, LD Capital, Metavest Capital and others, such as Sebastien Borget, chief operating officer of
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The World Economic Forum (WEF) released a “toolkit” for digital autonomous organizations (DAOs) on Jan. 17. More than 100 experts contributed to the document attempts to provide “a starting point for DAOs to develop effective operational, governance and legal strategies.”The 37-page so-called toolkit is explanatory in nature, with concise but
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Bitcoin price is struggling to clear the $17,000 resistance zone. BTC must stay above $16,000 to avoid more losses in the near term. Bitcoin is still consolidating above the $16,350 and $16,000 support levels. The price is trading just above $16,500 and the 100 hourly simple moving average. There is a major bearish
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Will Global Regulations Stifle the Crypto Industry or Encourage New Users? Source
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As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a Bitcoin spot exchange-traded fund (ETF), the firm has called on American investors to submit comments to the regulator.In a Tuesday Twitter thread, Grayscale CEO Michael Sonnenshein announced the launch of
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A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,”
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press release PRESS RELEASE. Innovation has always been an essential part of the LBank Exchange’s core value. Lots of projects with different innovative features have been listed on LBank Exchange since its launch back in 2015. This gave 6.4 million users across the globe the chance to participate in crypto
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