Loading… Loading… Loading… Ashok Venkateswaran, Mastercard Inc.'sMA lead for blockchain and digital assets in Asia-Pacific, on Friday assertedthe current landscape doesn't provide sufficient grounds for the widespread adoption of central bank digital currencies (CBDCs), makingbroad implementation challenging. Speaking at the Singapore FinTech Festival, Venkateswaran highlighted the necessity of seamless spending capabilities for CBDCs, akin to
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The Austrian subsidiary of European lender Raiffeisen Bank is preparing to allow its clients to trade cryptocurrencies like Bitcoin (BTC) in the coming months. After initially announcing its crypto plans in April 2023, Raiffeisen Bank’s Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) is moving forward with a crypto rollout in collaboration with the Austrian crypto firm Bitpanda. RLB
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Our weekly roundup of news from East Asia curates the industry’s most important developments. HTX exchange hacked… again  In the fourth hack affecting the HTX (formerly Huobi Global) ecosystem in just two months, the exchange lost $13.6 million via a hot wallet hack that occurred on November 22.  In its November 23 announcement, the exchange promised to
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Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become
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Loading… Loading… Loading… Europes largest digital asset investment firmCoinShares was granted the exclusive option to buy certain assets from the alternative asset management firm Valkyrie Investments. What Happened:CoinShares was givenuntil March 31, 2024, to buy Valkyrie Funds, an investment advisory business focusing on crypto ETFs, from the alternative asset management firm Valkyrie Investments, as reported
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Loading… Loading… Loading… Microsofts MSFT shares were lower in morning trade on Friday. Tech stocks were sold off on all the major indices. This week, the company held its annual Ignite conference. It unveiled a range of new and updated artificial intelligence (AI) and cloud offerings. One analyst equated the Copilot, the companys AI assistant
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Loading… Loading… Loading… Ashok Venkateswaran, Mastercard Inc.'sMA lead for blockchain and digital assets in Asia-Pacific, on Friday assertedthe current landscape doesn't provide sufficient grounds for the widespread adoption of central bank digital currencies (CBDCs), makingbroad implementation challenging. Speaking at the Singapore FinTech Festival, Venkateswaran highlighted the necessity of seamless spending capabilities for CBDCs, akin to
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Loading… Loading… Loading… Benzinga Fintech Deal Day & Awardsfeatured thediscussion Insiders on Capital Raising and Scaling: Strategies, Tips, and Examples withpanelists includingSocial Leverage General PartnerMatt Ober, FT Partners Managing Director Amar Mehtaand BMO Managing Director Corey B. Davis. Quasar Markets CEO Steven Orr moderated the discussion. Capital Raising: Inflation and interest ratesmade current times challenging
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Loading… Loading… Loading… Mina Khattak, senior director crypto and Web3 at Worldpay, recalled at Benzingas Future of Digital Assets event how FTX was in her companys boarding process, but was not approved. That lucky sidestep underscores the importance of implementing extensive checks and due diligence, including know-your-customer (KYC) and anti-money laundering (AML) protocols. The ability
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Loading… Loading… Loading… Microsofts MSFT shares were lower in morning trade on Friday. Tech stocks were sold off on all the major indices. This week, the company held its annual Ignite conference. It unveiled a range of new and updated artificial intelligence (AI) and cloud offerings. One analyst equated the Copilot, the companys AI assistant
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Loading… Loading… Loading… The global cryptocurrency payments could grow at 18.5% annually until 2030, making the crypto market irresistible for even the largest companies. Earlier this year, Coinbase reported 83% of the surveyed Fortune 500 executives either planned or had blockchain initiatives on the way. While this outlook has been improving over the years, over
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