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Brazilian central bank president confirms CBDC pilot will launch in 2022

The president of the Central Bank of Brazil confirmed that the country’s sovereign digital currency pilot will go live this year, Cointelegraph Brazil reported.The confirmation about the digital currency came during an event on Monday, where Roberto Campos Neto, the president of the Central Bank of Brazil, noted that a

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Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence – Bitcoin News

Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence. The two companies have donated 25 BTC to start the initiative, and expect many more will join. The President of

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IDEG Asset Management Partners With Coinbase Prime to Launch Actively Managed ETH Fund

“The Ethereum Enhanced Portfolio is our first of such products, providing qualifying investors an opportunity to capitalize on Ethereum, the most renowned smart-contract platform, while enhancing risk-adjusted returns compared to holding Ethereum,” said Emma Hu, product partner of IDEG, in a statement. Source

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Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility

Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network. One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is developing a co-chain

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Hong Kong’s OneDegree Inks Deal with Reinsurer Munich Re to Launch Digital Asset Insurance

As crypto’s market cap pushes past $2 trillion and makes its way onto the balance sheet of many institutional investors and corporations, Hong Kong insurer OneDegree has announced a deal with Munich Re, one of the world’s largest reinsurers, to offer a new digital asset insurance product. Original Source

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Coinbase suspends crypto payment services days after India launch

The largest US-based crypto exchange Coinbase has stopped payment services through United Payments Interface (UPI) on its platform for Indian users just three days after its launch in the South Asian subcontinent.The UPI is the payment portal governed by the National Payment Corporation of India (NPCI), which facilitates buy orders

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Namibian Central Bank Announces Plan to Launch CBDC – Emerging Markets Bitcoin News

Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab, recently confirmed that the central bank is now

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