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ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro

Five companies have been selected by the European Central Bank (ECB), to develop user interfaces for a new digital euro. Each company will collaborate with the ECB to develop a specific use case for the digital euro. Amazon was chosen to concentrate on e-commerce payments. Five Companies and the ECB collaborate on Digital Euro Friday's

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Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain

Opennode is a bitcoin payment infrastructure company that recently announced it would test its bitcoin processing and payout solution using the Central Bank of Bahrain's regulatory Sandbox. Dalal Buhejji is an executive director at the Bahrain Economic Development Board. The central bank's regulatory sandbox allows fintechs to continue to innovate and follow best regulatory practices,

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Bitcoin Limits External Influence On South America

While world powers seek to influence South America's policy, bitcoin stops outside power from exerting any subversive pressure. This opinion editorial is by Vinicius Piscini , a bitcoin pleb. External influences are responsible for the economic stagnation and deliberate decline of Latin American countries, including Brazil, Argentina and Chile. The manipulations of great power, notably

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Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia

Developers are creating a "cryptoruble", which they claim will improve Russians' access and allow them to make cross-border payments. The project is being developed by Defi platform Indefibank. It will be tied to the national fiat, but not dependent from a digital ruble issued by the state. Russian companies have another option for international settlements

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Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin

Virtual Nation Builders, a Web3 technology company said that it had acquired FHM, South Africa's first proof-of work cryptocurrency. The Web3 company's acquisition FHM means that the cryptocurrency will "list and merge all of its digital use-cases into the VNB-built Cowrie Exchange and Partnerships strong> Supporting clients' digital needs Virtual Nation Builders (VNB) is a

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How The Incentives Of Proof-Of-Work Are More Fair Than Proof-Of-Stake

The innovation that drives energy innovation is proof-of-work. Proof-of-work ensures that the wealthiest among us will retain control over others. This opinion editorial is by Mickey Koss (West Point graduate with an economics degree). After serving four years in the infantry, he was transferred to the Finance Corps. I noticed a lot of articles touting

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UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization

The Financial Conduct Authority (FCA), Britain's leading financial regulator has warned that cryptocurrency exchange FTX could be operating in the United Kingdom without authorization. The regulator stated that almost all individuals and firms offering, promoting, or selling financial products or services in the U.K. must be registered or authorized by us. FCA warns about FTX

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