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Binance Confirms Stablecoin Offering Coming Soon
Binance, the top crypto exchange by adjusted trading volume, has confirmed it will soon issue its own GBP stablecoins.
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SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval
US SEC Chair Clayton said that the SEC needs to feel comfortable with crypto custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund.
tags: CryptoAssets Regulation ETFs Bitcoin Fintech
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Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies.
tags: CryptoAssets Regulation Fintech
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The Rise Of Digital Asset Custody Solutions
There is an increasing demand in the market for a traditional, established custodian to provide secure storage of cryptocurrencies.
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FSB warns tokenised liquidity could be illusory
The FSB suggests the idea tokenisation can magically engineer frictionless liquidity for all sorts of assets and in so doing reduce risks, ignores the degree to which new risks may be introduced as a consequence.
tags: CryptoAssets Tokenization Fintech
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Mobile banking and contactless cards continue to surge in popularity
Nearly half of UK adults used mobile banking in 2018 and one in 10 now chooses to live a near-cashless life, as people rapidly take up new payments technology, research has found.
tags: CBDC Fintech PaymentSystems
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The Eurosystem wholeheartedly supports the creation of an innovative single payments market for the euro through its market infrastructure projects and policy work.
tags: Fintech PaymentSystems
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FSB report considers implications of decentralised financial technologies
The Financial Stability Board today published a report on decentralized financial technologies. It considers the financial stability, regulatory and governance implications of their use such as those involving distributed ledgers and online P2P platforms
tags: Fintech P2P Blockchain
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Facebook Plans Outside Foundation to Govern Cryptocurrency
Facebook plans to cede control of its forthcoming cryptocurrency to outside backers, a move meant to encourage trust in the digital payment system and reassure financial regulators.
Kiffmeister’s Fintech Daily Digest 06/06/2019
