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WFE Survey Finds Traditional Finance Exchanges Divided on Offering Crypto Services

As part of a study of cryptocurrency trading infrastructure the WFE surveyed its member exchanges, with 12 of the 29 respondents (41%) saying are already offering crypto-related products or services. A further seven plan to offer them in the future. More than a third said they had no such plans,

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SEBA Bank secures in-principle nod for crypto services in Hong Kong

The Hong Kong arm of crypto-friendly Swiss bank SEBA Bank has received in-principle approval from the Hong Kong Securities and Futures Commission (SFC) allowing it to deal in virtual assets.On Aug. 30, SEBA Hong Kong said its in-principle approved license would allow it to operate with crypto products such as

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Spain’s central bank expects digital euro to enhance financial services 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The deputy governor of the Spanish national central bank, Margarita Delgado, has spoken about the future of the digital euro and how private payment solutions will interact with it. Speaking in line with the recently proposed digital

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Spanish central bank official talks about private payment services in era of digital euro

Deputy Governor of the Bank of Spain Margarita Delgado spoke to university students and others about the introduction of the digital euro in Pamplona on Aug. 25. Looking into a future through the lens of the European Commission’s recently proposed digital euro legislative plan, she spoke at length about how

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Abu Dhabi grants virtual asset firm M2 permission to offer crypto services

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading facility from the United Arab Emirates capital.In an Aug. 16 announcement, the Abu Dhabi-headquartered M2 said the regulatory approval would allow

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US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin

PayPal’s launch of a U.S. dollar-pegged stablecoin has prompted questions from Democratic members of the House Financial Services Committee, while Republican leadership said the coin showed the potential of regulatory clarity.In an Aug. 9 statement, committee ranking member Maxine Waters said she was “deeply concerned” about the PayPal USD (PYUSD)

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Binance receives licenses to offer crypto services in El Salvador

Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador.In an Aug. 8 announcement, Binance said El Salvador’s Central Reserve Bank had approved the exchange’s application for a Bitcoin Services Provider license and the country’s National Commission of Digital Assets granted it a

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