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The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators. As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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The announcement reflects mounting interest in the technology from traditional financial markets, including for post-trade infrastructure that finalizes deals struck in trading venues. Euroclear, a Brussels-based firm that specializes in clearing and settlement, is set to release a new platform for DLT-based bond trading shortly, and Forge, the crypto arm
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BitMEX co-founder Arthur Hayes examines de-dollarization and its fiscal and political implications in an article titled ‘Exit Liquidity.’ Former BitMEX CEO Arthur Hayes recently aired his views on exit liquidity vis-à-vis the US dollar’s reserve currency status. In a Medium blog post, the American entrepreneur wrote exhaustively on whether the US dollar can be
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A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference. Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at
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India’s recently launched in-house central bank digital currency (CBDC), the e-rupi, is now being tested for offline functionality, revealed Ajay Kumar Choudhary, Executive Director at the Reserve Bank of India (RBI).The RBI — India's central bank and regulatory body — launched the wholesale segment pilot for the digital rupee on Nov.
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Countries around the world are considering the same, with two-thirds of central banks in a recent Official Monetary and Financial Institutions Forum (OMFIF) survey saying they would issue a CBDC within 10 years. The Bahamas, Nigeria, Eastern Caribbean and Jamaica have already issued a CBDC, while China is ahead of
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Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing for bankruptcy protection in New York, estimating liabilities in the range of $1 billion to
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"The Web3 and NFT space has changed dramatically in the two years since we released NimBuds,” said Brinkman. “Art Blocks has grown into one of the most respected and profitable projects in the ecosystem, generative characters took off and became the most notable style of the space, and generative art
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Collective action, labor struggle and protest go hand in hand, and it’s no secret that unionizing and organizing to fight for workers’ rights is a tedious task. But is there a way to simplify and boost the efficiency of the process?On this week’s episode of the newly launched podcast The
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