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Bank of England to Continue With Plans for a Systemic Stablecoin Regime

The consultation set out that systemic stablecoins would be supervised by both the BoE and Financial Conduct Authority (FCA), which was welcomed by respondents. Respondents and the government also supported extending the accountability framework (which evaluates whether the regulators approach is future proof) to systemic stablecoins. Original Source

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Tron dominates in USDT transactions, Borroe plans to shape web3 fundraising

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market is dynamic as different blockchain networks compete for dominance. Tron is a popular blockchain option for USDT transactions. Meanwhile, Borroe is a crypto project that seeks to transform how businesses secure funds through its funding

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Coinbase battles US SEC, Worldcoin concerns mount, FTX announces reorganization plans

This week, Coinbase’s legal dispute with regulators unfolds as the crackdown on hacks and scams intensifies. Meanwhile, Worldcoin is under scrutiny and FTX announces reorganization plans. Coinbase vs. US SEC Coinbase Global (COIN) continues to garner significant attention for its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC).  Coinbase CEO Brian

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Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more

The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans from artificial intelligence (AI)

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Shanghai plans blockchain infrastructure hub to link with Hong Kong, Singapore by 2025

Shanghai, China’s biggest city and financial center, plans to build a blockchain infrastructure by the end of 2025 and establish links with Hong Kong and Singapore for application in fields such as digital assets, transportation, industrial internet-of-things, supply chain finance, and carbon management, according to a government report issued on

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Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin

United States-based software development company MicroStrategy is planning to raise up to $750 million via a stock sale and says it may use the proceeds to buy more Bitcoin (BTC). In a filing to the Securities and Exchange Commission on Aug. 1, MicroStrategy announced it has entered into a sales agreement

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