# Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance

# Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance

“# Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance ” The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos’ stablecoin, some United States senators were quick to oppose it….

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# DBS Bank joins Hedera blockchain’s governing council

# DBS Bank joins Hedera blockchain’s governing council

“# DBS Bank joins Hedera blockchain’s governing council ” The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization. DBS Bank, a member of the advisory council on fintech, has joined the blockchain council alongside 39 other…

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# Dubai finance watchdog approves listing of Bitcoin fund

# Dubai finance watchdog approves listing of Bitcoin fund

“# Dubai finance watchdog approves listing of Bitcoin fund ” The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority. The fund debuted on Nasdaq on June 23, 2021 and became the first listed digital asset fund in the Middle East. The fund’s goal…

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# Citi’s bullish Coinbase target: ‘Buy crypto’s general store’

# Citi’s bullish Coinbase target: ‘Buy crypto’s general store’

“# Citi’s bullish Coinbase target: ‘Buy crypto’s general store’ ” Financial services multinational Citi initiated coverage of U.S. crypto exchange Coinbase’s stock this week with a very bullish price target. Citi analyst Peter Christiansen told investors that they could “buy crypto’s general store,” in a research note published on Tuesday, Oct. 26. Citi has given…

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