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Bank of England forms CBDC Academic Advisory Group for proposed digital pound

The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...

Naga integrates Rezolve AI into its social trading platform

German fintech Naga partners with London-based Rezolve to incorporate the AI platform Brain into its social trading app, enhancing user experience and providing real-time...

Garanti BBVA Financial Technologies launches new venture for digital assets

Garanti BBVA Financial Technologies, a subsidiary of Garanti BBVA, is entering the digital asset arena with its venture named Garanti BBVA Digital Assets, offering...

PayPal launches US dollar stablecoin PayPal USD

PayPal is launching a fully-backed stablecoin, PayPal USD, backed by US dollar deposits and similar assets, aiming to enhance payments in Web3. Facts PayPal is...

Revolut halts crypto services in the US citing “evolving regulatory environment”

Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market. Facts Challenger bank...

The Republic of Palau taps Ripple for first stablecoin pilot

The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...

Sella Group selects four startups for metaverse incubation programme

The Sella Group Venture Incubator, dpixel, has selected four startups for its "Metaverse 4 Finance" acceleration program. The startups come from the USA, United...

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