financial industry.
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Future of Stable Currencies: Predictions for 2030
According to reports, at the World of Networks (WOW) Summit held in Hong Kong, digital regulatory professionals predicted that stable currencies would be widely used worldwide by 2
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Hong Kong Set to Issue Virtual Asset Trading Licenses
According to reports, Angelina Kwan, CEO of Stratford Finance, a financial services company, and former regulator of the Hong Kong Securities and Futures Commission (SFC), said tha
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Exploring the Implications of Gary Gensler’s Supervisory Hearing with the SEC on Digital Assets
On March 29, Patrick McHenry, Chairman of the Financial Services Committee of the United States House of Representatives, announced today that Gary Gensler, Chairman of the Securit
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Goldfinch to launch a $2 million deal with Fazz Financial
According to reports, the decentralized lending agreement Goldfinch will launch a $2 million transaction with financial technology company Fazz Financial, providing users with a fi
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A Successful Blockchain Pilot by SWIFT: A Game-Changer in Enterprise Behaviors
According to reports, SWIFT shared the results of its latest enterprise behavior blockchain pilot, announced that the pilot was successful, and planned to advance this work. The la
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Central Bank of UAE to Launch Digital Currency by 2024: A Comprehensive Analysis
On March 24th, the Central Bank of the United Arab Emirates announced on Thursday that it is expected to complete the first phase of its central bank\’s digital currency strategy ar
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Establishing a European Headquarters: The Reason Why Circle Chose to Set up Base in Paris
According to reports, Jeremy Allaire, CEO of Circle, the publisher of USDC, said that Cirlce\’s European headquarters planned to be established in Paris because of its encryption fr
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Credit Suisse Chairman’s Response to Acquisition by UBS: Merger is the Best Result
On March 20th, the Chairman of Credit Suisse responded to the news that Credit Suisse would be acquired by UBS Group for 3 billion Swiss francs. A merger is the best outcome.
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Senator Warren calls for an increase in FDIC insurance limit and a lifetime ban on executives from failing banks
According to reports, US Democratic Senator Elizabeth Warren said on the 19th that she supports raising the US Federal Deposit Insurance Corporation’s (FDIC) insurance limit of US $250000. In addition, Warren also said that regulators need to be responsible for this, and the Federal Reserve has clearly failed in its work. She also called for a lifetime ban on executives from failing banks in the financial industry. US Senator Warren Supports Raising the FDIC Insurance Cap Analysis based on this information:In a recent statement, US Democratic Senator Elizabeth Warren has expressed her support for raising the US Federal Deposit Insurance Corporation’s (FDIC) insurance limit from its current $250,000. The FDIC insurance limit is the amount of money the FDIC will reimburse a depositor if a member bank fails. The senator believes that increasing the FDIC insurance limit will protect the savings of millions of Americans during times of financial crisis. However, in addition to advocating for an increase in the…
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ETFs in the US Stock Market Experience a Dip
It is reported that most of the ETFs in the US stock market fell at the beginning of the session. The ETFs in regional banks fell by 5.3%, the ETFs in banking …
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Brazilian Securities and Exchange Commission (CVM) to Regulate the Cryptocurrency Industry
It is reported that Jo ã o Pedro Nascimento, chairman of the Brazilian Securities and Exchange Commission (CVM), has briefly introduced the regulatory agency\’s…
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Chairman of US SEC Discusses Cryptocurrency Developments Including Arbitrum, Coinbase, and Hua Weiyun’s Risks
7:00-12:00 Key words: Chairman of the US SEC, Arbitrum, Coinbase, Blur, Hua Weiyun
Summary of important developments at noon on February 27
Interp…