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European central banks take big steps against Libra coin
Representatives of Facebook were grilled by central bank regulators on its planned Libra coin project amid concerns from EU governments regarding the threat the digital currency poses to financial stability.... more
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Central Bank of China gears up to launch regulated digital currency
As was recently reported from the China Finance 40 Group, a senior official at China’s central bank announced that the country will soon roll out its central bank digital currency (CBDC.)... more
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Mizuho Bank to roll out J Coin digital currency
Mizuho Bank is set to roll out a proprietary digital currency, J Coin, in March, backed by 60 regional domestic banks. The virtual currency is the result of the development of... more
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UK government blocks Royal Mint’s gold backed digital currency
The UK’s Royal Mint has been forced to end plans to launch its digital gold token after a partnership with US exchange group CME failed and the government vetoed a... more
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$88.6 million of funds laundered through cryptocurrency exchanges
A Wall Street Journal investigation has uncovered that $88.6 million in illicit funds have been transacted through 46 cryptocurrency exchanges. The WSJ reported that $9 million of the suspect funds went through crypto exchange ShapeShift.... more
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