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Why Governments May (or May Not) Need Them

On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems.The concept of CBDC, or national cryptocurrencies, has attracted many governments across the world. Some of them have already rolled out […]
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Nevermind the Stagnating Market, Binance Is Pushing Further in Its Expansion

Sept. 15 came with the announcement from the Binance co-founder and CEO Changpeng Zhao (also referred to as ‘CZ’): One of the largest global crypto exchanges will start testing a crypto-fiat exchange in Singapore.While no further details have been specified, the crypto-fiat Singapore-based exchange will presumably support the local Singapore dollar. A closed beta testing […]
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Binance to Start Closed Beta Testing of New Crypto-Fiat Exchange in Singapore

Binance, the largest global crypto exchange, will soon start private beta testing a crypto-fiat exchange in Singapore, as Binance co-founder and CEO Changpeng Zhao (CZ) tweeted on September 15.As Changpeng Zhao revealed, the testing will be launched on September 18:“I just slipped that we will begin #Binance Singapore fiat exchange live money closed beta testing […]
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Singapore Central Bank Partners With Deloitte, Nasdaq on Blockchain Asset Settlement

The de facto central bank of Singapore announced it had signed a deal with multiple big name entities to ease digital asset settlements in a press release Friday, August 24. Part of its ongoing Project Ubin blockchain integration scheme, the Monetary Authority of Singapore (MAS) partnered with Singapore Exchange (SGX), along with Anquan, Deloitte and […]
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