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Ripple and R3 Consortium reach settlement in litigation
Ripple Labs says it has reached a settlement “of all outstanding litigation” between R3 and XRP II, according to a press release published today. As per that statement, the details of the settlement... more
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China deepens cryptocurrency enforcement a year after crackdown
China is further tightening its clampdown on cryptocurrency, nearly a year after the government imposed a wide-ranging ban on local exchanges and ICO’s fundraising for digital currencies. Financial officials in an eastern... more
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Thai Central Bank launches Project Inthanon digital currency
The Bank of Thailand has outlined a preliminary road-map for Project Inthanon, its central bank digital currency (CBDC) initiative. The Bank of Thailand (BoT), the country’s central bank, is partnering... more
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Crypto-coining it: How cryptocurrencies went mainstream
Previously existing only on the fringes of finance or computer science, cryptocurrencies are now being discussed more widely. In the future, banks may not be the only ones making money... more
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Blockchain deployments could save banks more than $27bn annually
A new study has found that blockchain deployments will enable banks to realise savings on cross-border settlement transactions of more than $27 billion by the end of 2030, reducing costs by... more
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