The birth of the artist was followed by its inevitable afterbirth – the critic. It is the critic who actually propels progress, contrary to popular belief that criticism is meant to hinder
U.S. Treasury Secretary Janet Yellen pushed for regulation during an annual testimony in front of the Senate Banking Committee, at a time where Terra’s algorithmic stablecoin UST struggles to retain its peg. “New
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Cryptocurrency exchange Binance committed $500 million, while venture capital firm Sequoia Capital committed $800 million to finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR). Around $7.1 billion has
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Stablecoin issuer Terra aims to acquire US$10 billion in Bitcoin for its reserves. It’s doing so through a series of purchases, and once complete, the holdings should make Terra the largest single
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Bank Indonesia and the Bank for International Settlements (BIS) Innovation Hub are inviting developers to take part in a central bank digital currency hackathon.The latest TechSprint event, which comes as Indonesia takes
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Norway’s Signicat has acquired UK-based anti-fraud and identity technology company Sphonic for an undisclosed sum.Established in 2021, the London-based RegTech has created a suite of products capable of automating compliance decision processes.
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Elon Musk inked a deal to buy Twitter Inc (TWTR.N) for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and
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Abu Dhabi Global Market (ADGM) said on Monday it has licenced the Kraken group to operate a regulated virtual asset exchange platform in the financial free zone. Kraken is the first global
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The MENA Fintech Association (MFTA), the leading voice of the fintech community in the region, has released the first volume of the SHIFT report, a comprehensive guide that supports the fintech community in navigating the
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Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), today announced that it has secured a Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) to deal in
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Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (the FSRA) of Abu Dhabi Global Market
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