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Web3 games developer Animoca Brands and Saudi Arabia’s NEOM Investment Fund announced a new partnership on Oct. 30 to drive Web3 development in the region. According to the announcement, the new deal will have Animoca working with NEOM to build Web3 enterprise service capabilities. The planned Web3 services are intended to
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Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, became the sixth Swiss bank to join Six Digital Exchange (SDX), per a recent update on Sep. 27. In addition to SDX’s parent company, Six Group, several other Swiss banks, including Berner Kantonalbank, Credit Suisse, Kaiser Partner Privatbank, UBS,
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The newly-created position forms part of Galaxy's aim "to aggressively scale our operations in the U.K. and Europe - a region that has committed to embracing the digital asset future and creating the necessary regulatory frameworks for our industry to operate within," Novogratz said in an emailed announcement on Thursday. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On May 29, Binancee announced the appointment of Richard Teng to oversee all of its regional markets outside of the United States to better comply with different regulators. Since joining Binance in August 2021 as the Singapore
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OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval. Source
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Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic. Hedge fund manager and investor Michael Burry added new positions in several regional banks during the first quarter, regardless of the sector’s gross underperformance. Burry’s increased investment position in the sector contradicts the
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Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. PacWest Bancorp (NASDAQ: PACW), an American regional bank with headquarters in Beverly Hills, California has reduced its shareholder’s dividends amid
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Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient" just hours before.One such regional bank, PacWest Bancorp, fell a whopping 52.5% in after-hours trading after Bloomberg reported that the bank would explore strategic
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Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad
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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor
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