Category: Digital
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State Street Global Advisors And Galaxy Asset Management Join Hands On Digital Asset Investing
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The world of finance is undergoing a profound transformation, with the rapid emergence of digital assets and blockchain technology reshaping the investment landscape. As the cryptocurrency market continues to mature and gain mainstream acceptance, leading asset managers are realizing the enormous potential it holds. In a pioneering move, two industry…
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State Street Global Advisors And Galaxy Asset Management Join Hands On Digital Asset Investing
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The world of finance is undergoing a profound transformation, with the rapid emergence of digital assets and blockchain technology reshaping the investment landscape. As the cryptocurrency market continues to mature and gain mainstream acceptance, leading asset managers are realizing the enormous potential it holds. In a pioneering move, two industry…
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India digital currency transactions slump after reaching initial central bank target, sources say By Reuters
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Written by Jaspreet Kalra MUMBAI (Reuters) – Use of India’s digital currency, the e-rupee, has fallen to a tenth of its December peak, four sources said, reflecting the difficulties many countries have faced trying to rally public support for digital currencies. The Reserve Bank of India began a pilot of…
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Walmart is replacing its price labels with digital screens—but the company swears it won’t use it for surge pricing
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Sticker shock has taken on a whole new meaning in retailers and grocery stores. This is because sticker price tags are becoming obsolete, being replaced by “digital shelf labels” or DSL. Traders have been trying to figure out how to deal with changes in consumer behavior due to inflation for…
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Public Pilot Of Iran’s Central Bank Digital Currency In June
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The Central Bank of Iran (CBI) is set to take a significant step towards modernizing the domestic payments infrastructure with a public trial launch of the Central Bank Digital Currency (CBDC), known as the digital rial. This step aims to enhance the efficiency and flexibility of the Iranian payment system,…
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Court Sentences Gang For Exploiting Digital Yuan In Money Laundering Scheme
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In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country’s central bank digital currency (CBDC), the digital yuan or e-CNY. The complex scheme, revealed by the People’s Procuratorate of Yueqing District in Shaoxing, Zhejiang Province,…
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Court Sentences Gang For Exploiting Digital Yuan In Money Laundering Scheme
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In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country’s central bank digital currency (CBDC), the digital yuan or e-CNY. The complex scheme, revealed by the People’s Procuratorate of Yueqing District in Shaoxing, Zhejiang Province,…
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LFG Learnings Report: Digital Asset Computing Is an Economically Viable Approach to Reducing Landfill Methane Emissions
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Abstract In this study, we reveal that it is not only feasible but economically viable and environmentally beneficial to use landfill gas (LFG) for digital asset compute (e.g., Bitcoin mining). To support this theory, Marathon partnered with Nodal Power to harness excess capacity from their project, which is exclusively powered…
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LFG Learnings Report: Digital Asset Computing Is an Economically Viable Approach to Reducing Landfill Methane Emissions
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Abstract In this study, we reveal that it is not only feasible but economically viable and environmentally beneficial to use landfill gas (LFG) for digital asset compute (e.g., Bitcoin mining). To support this theory, Marathon partnered with Nodal Power to harness excess capacity from their project, which is exclusively powered…
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From Electronic Cash To Digital Gold: Story Of Bitcoin
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The world of cryptocurrencies has witnessed a marked shift in the perception and use of Bitcoin, the leading digital asset that was once envisioned as a peer-to-peer electronic cash system. Recent on-chain data reveals a major shift in the way Bitcoin is being used, with its trading reaching a 13-year…
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From Electronic Cash To Digital Gold: Story Of Bitcoin
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The world of cryptocurrencies has witnessed a marked shift in the perception and use of Bitcoin, the leading digital asset that was once envisioned as a peer-to-peer electronic cash system. Recent on-chain data reveals a major shift in the way Bitcoin is being used, with its trading reaching a 13-year…
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562 Million People Now Own Digital Currencies Worldwide
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The world is witnessing an unprecedented surge in cryptocurrency adoption, with 562 million people worldwide now owning digital assets, providing insight into how many people own cryptocurrencies around the world. This represents a significant 34% increase from the 420 million cryptocurrency users in 2023, underscoring the rapid spread of this…
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Crypto Exchange Accuses SEC of Trying to Kill Digital Assets
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Coinbase, the leading US cryptocurrency exchange, is doubling down on its battle with the Securities and Exchange Commission (SEC), accusing the regulator… Trying to stifle the crypto industry Through “organization by implementation.” SEC-Coinbase module In my fire gravity Coinbase, which was filed on May 31, portrayed the SEC as a…
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Kenya on right path to building thriving digital, tech ecosystem
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Last week, I was honored to be part of the government delegation accompanying President William Ruto on his official visit to the United States. This visit comes in celebration of the sixtieth anniversary of the establishment of diplomatic relations between the two countries. A partnership that has been instrumental in…
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Israel’s Groundbreaking Digital Shekel Challenge
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Source: Coin Journal In a strategic move to revolutionize the financial landscape, the Bank of Israel is moving forward with the development of the central bank digital currency (CBDC), the digital shekel. Recognizing the transformative potential of this innovative payment solution, the Bank of Israel (BoI) launched the “Digital shekel…
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Hester Peirce proposes for cross-border digital securities sandbox
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SEC Commissioner Hester Peirce has proposed creating a sandbox for cross-border digital securities in response to a joint consultation conducted by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing companies in both the UK and US…
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Hester Peirce proposes for cross-border digital securities sandbox
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SEC Commissioner Hester Peirce has proposed creating a sandbox for cross-border digital securities in response to a joint consultation conducted by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing companies in both the UK and US…