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Article by Steve Kaaru

Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
BIS: CBDCs could solve cross border friction, but interoperability still major challenge
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16 July, 2022

BIS: CBDCs could solve cross border friction, but interoperability still major challenge

BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
US judge rules against SEC’s contradicting defense over Hinman speech in Ripple case
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15 July, 2022

US judge rules against SEC’s contradicting defense over Hinman speech in Ripple case

SEC argued that Hinman’s speech was a personal errand while also claiming he received legal counsel from SEC lawyers, and...
G20 financial watchdog to propose digital asset regulations in October
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15 July, 2022

G20 financial watchdog to propose digital asset regulations in October

The Financial Stability Board has stayed away from the industry but says the recent Terra debacle has made it rethink...
Texas BTC miners shut down operations due to record-breaking heat wave
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15 July, 2022

Texas BTC miners shut down operations due to record-breaking heat wave

The heat wave in Texas is setting new records, leading to a spike in electricity demand by the residents, and...
California watchdog announces probe on multiple digital currency lenders
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14 July, 2022

California watchdog announces probe on multiple digital currency lenders

The regulator revealed its investigations have already found that BlockFi and Voyager have been offering unregistered securities and is going...

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