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Article by Steve Kaaru

Israel central bank teams up with Hong Kong to test retail digital currency
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21 June, 2022

Israel central bank teams up with Hong Kong to test retail digital currency

Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility...
‘Dogecoin pyramid scheme’ promotion lands Elon Musk in $258B lawsuit
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20 June, 2022

‘Dogecoin pyramid scheme’ promotion lands Elon Musk in $258B lawsuit

A Dogecoin investor has sued the Tesla and SpaceX boss, alleging that Elon Musk engaged in a pyramid scheme by...
‘Crypto Mom’ Hester Peirce slams SEC for regulatory ambiguity, supports spot ETF
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20 June, 2022

‘Crypto Mom’ Hester Peirce slams SEC for regulatory ambiguity, supports spot ETF

In a recent speech, Hester Peirce claimed that the SEC has refused to engage with the Bitcoin industry and said...
Celsius Network being pursued by regulators in 5 US states over withdrawal freeze
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20 June, 2022

Celsius Network being pursued by regulators in 5 US states over withdrawal freeze

Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey,...
Digital euro issuance would be capped at €1.5T, ECB’s Fabio Panetta says
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20 June, 2022

Digital euro issuance would be capped at €1.5T, ECB’s Fabio Panetta says

Fabio Panetta says that this would limit the risk of disintermediation of the banking system should the majority of people...
Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion
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19 June, 2022

Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion

The central bank believes that making the eNaira available to feature phone users will boost uptake, although some are skeptical...

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