Finance

‘GENIUS’ hopes to bring clarity for US-backed stablecoins
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6 February, 2025

‘GENIUS’ hopes to bring clarity for US-backed stablecoins

To balance innovation and security, the U.S. has proposed the GENIUS Act, which sets forth clear procedures for licensing and...
Tokenization of cards witnessing large-scale adoption in India: RBI
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6 February, 2025

Tokenization of cards witnessing large-scale adoption in India: RBI

The Reserve Bank of India's Payment System Report pointed out that tokenization involves replacing card details with a unique code...
Automated payments bring $30B for Brazil’s Pix in e-commerce
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6 February, 2025

Automated payments bring $30B for Brazil’s Pix in e-commerce

Elsewhere, Bahrain’s Arab Financial Services has received the green light to expand in the United Arab Emirates, investing $150 million...
Kenya: VACC slams 3% tax, excessive compliance costs
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5 February, 2025

Kenya: VACC slams 3% tax, excessive compliance costs

Kenya’s VACC made policy recommendations in response to a proposed virtual asset sector bill, calling on the gov’t to pursue...
Crypto czar David Sacks, new stablecoin bill fail to ignite BTC
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5 February, 2025

Crypto czar David Sacks, new stablecoin bill fail to ignite BTC

David Sacks claimed stablecoin could ensure USD dominance, increase its use as the world's reserve currency, and create new demand...
Tokenization, stablecoins, institutional adoption take stage
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5 February, 2025

Tokenization, stablecoins, institutional adoption take stage

The WisdomTree report projects that the U.S. gov’t will approve more ETFs, attracting billions from institutional investors who flooded the...