Ethereum Price Rally In Jeopardy? Key Supports To Watch Out In Short-Term
Ethereum price corrected lower below $2,050. ETH is now consolidating above the $2,020 support and might start a fresh increase in the
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Supports
Nigerian gov supports AI initiatives with $290K in grants
The Nigerian Minister of Communications, Innovation and Digital Economy, Bosun Tijani, revealed on Friday, Oct.13, that the government intends to grant 5 million naira ($6,444) to 45 artificial intelligence (AI)-focused startups and researchers.This initiative was disclosed by the minister in a post on X (formerly Twitter) and is part of the
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China FX regulator supports CBDC amid monetary policy
A Chinese foreign exchange regulator official showed its support for the CBDC development, the digital yuan. Lu Lei, deputy administrator of the State Administration of Foreign Exchange (SAFE), explained to the CNA agency that some of the main features of CBDC could help enhance the effectiveness of monetary policy tools. The official
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How Hamas Lost its Crypto In An Israeli Operation, Binance Supports Security Forces
Israeli law enforcement launched an operation targeting crypto addresses associated with the terrorist group Hamas. The country suffered an attack this past
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Argentina Central Bank director supports CBDC development
Juan Agustín D’Attellis Noguera, Director of the Argentina Central Bank, supports developing a local CBDC. The Minister of Economy, Sergio Massa, brought the initiative, aiming to create a CBDC to solve the country’s complex economic situation. D’Attellis Noguera said creating a local CBDC could help stabilize the Argentine economy. Noguera stated: “By having
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Sarah Breeden, Incoming Bank of England Deputy Governor, Reiterates Crypto Risks, Supports CBDC at Treasury Committee
"Crypto is an asset that has no intrinsic value, whose price could go to zero and therefore investors should be prepared to lose all of their money," Breeden said. "That megaphone about the risks in it has been consistent and very clear. However, that technology, I think has got the
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Wall Street supports senator’s push for strict crypto regulation
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Senator Elizabeth Warren’s push for stricter regulations in the cryptocurrency ecosystem, particularly in the decentralized finance (defi) space, has gained support from bipartisan lawmakers. The “Digital Asset Market Structure and Investor Protection Act” was recently reintroduced to
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Australia Acts on De-Banking of Crypto Entities, Supports Some Policy Recommendations
Blockchain Australia's commitment came after hosting a "Stopping Scams Roundtable" involving 28 representatives, as well as observers from the Australian Securities and Investments Commission (ASIC) and Treasury. Earlier this month, the body had denounced the de-banking of cryptocurrency platforms and said it would host a roundtable meeting to discuss the
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Leaked Digital Euro Bill Supports Offline Usability, Shuns Interests
The potential issuance of fiat currency in digital form has garnered global attention, with various jurisdictions exploring the concept. The EU, the US, and the UK are among those actively considering the implementation of a CBDC. A leaked draft of the proposed Digital Euro Bill, set to be proposed by the
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Florida governor supports state bill banning CBDCs
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a tweet on May 12, governor Ron DeSantis of Florida voiced his backing for a proposed bill that seeks to prohibit the use of Central Bank Digital Currencies (CBDCs) as a form of currency within
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