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Business

BIS concludes wholesale CBDC experiment for FX, cross-border payments
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5 October, 2023

BIS concludes wholesale CBDC experiment for FX, cross-border payments

The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot...
Hong Kong securities regulator to roll out framework on tokenizing investment assets
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5 October, 2023

Hong Kong securities regulator to roll out framework on tokenizing investment assets

The Securities and Futures Commission will soon release a framework centered on tokenizing investments, including stocks and bonds, in support...
Buenos Aires launches blockchain-based digital ID system
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5 October, 2023

Buenos Aires launches blockchain-based digital ID system

Buenos Aires introduces a blockchain-based digital identity system, offering privacy and control over personal data such as marriage and birth...
Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’
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4 October, 2023

Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’

An ad-hoc committee probing Worldcoin called on the country’s regulators to shut down the project within seven days, including blacklisting...
Brazil central bank to tighten digital asset regulation amid 44% spike in investment
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4 October, 2023

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank's attention, which wants to curb...
IcomTech mining scam CEO pleads guilty to fraud, faces 20 years in prison
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4 October, 2023

IcomTech mining scam CEO pleads guilty to fraud, faces 20 years in prison

Marco Ochoa ran IcomTech, luring investors with promises of guaranteed profits from ‘crypto’ trading and mining, but spent the money...
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