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press release PRESS RELEASE. The Futurization of Urban Lifestyle Summit was held in Dubai at the Jumeirah Emirates Tower on July 29, 2022. MaskEX Global — A well-known worldwide exchange, was the event’s organizer and sponsor. Throughout this seminar, MaskEX engaged with like-minded people in an open and constructive dialogue about
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Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth.The IMF’s July update on the World Economic Outlook titled “Gloomy and More Uncertain” points to “higher-than-expected inflation,” and a contraction of global output as indicators of
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Crypto lender Genesis lent $2.36 billion in loans to the now insolvent Singapore-based fund Three Arrows Capital. Source
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Indian finance minister Nirmala Sitharaman has called for global collaboration on cryptocurrencies, assessing their pros and cons to form a common standard and taxonomy.Addressing a question on cryptocurrency in the Lok Sabha, the lower house of the Indian parliament, Sitharaman said that the Indian central bank had advised the government
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Indian Finance Minister Nirmala Sitharaman has reiterated the stance of India's central bank (Reserve Bank of India or RBI) to ban cryptocurrencies in the lower house of parliament but said that no legislation is possible without significant international collaboration. Source
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India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard under the framework. G20 Urged to Bring Crypto Under Automatic Exchange of Information India’s finance minister, Nirmala Sitharaman, talked about cryptocurrency Friday during
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Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub.The two countries now share the top rankings, with Germany making space for the rising U.S., having topped the first quarter rankings for 2022. Their dominance is due to progressive regulatory environments
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The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October The Financial Stability Board (FSB), an international body
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Cada uno de los modelos de acceso a las CBDCs tiene diferentes implicaciones en cuanto a riesgos, eficiencia, resistencia e interoperabilidad, continuó el informe, señalando que no hay una solución única para todos. Por ejemplo, aunque la compatibilidad puede ser la forma menos costosa de interoperabilidad, es posible que no
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Each of the CBDC access models has different implications around risks, efficiency, resilience and interoperability, the report continued, noting there is no “one size fits all” solution. For example, while compatibility might be the least costly form of interoperability, it may not achieve similar efficiency benefits to interlinking multiple systems
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