# HSBC CEO backs CBDCs against crypto and stablecoins

# HSBC CEO backs CBDCs against crypto and stablecoins

“# HSBC CEO backs CBDCs against crypto and stablecoins ” HSBC, the largest European bank with total assets of $3 trillion, maintains a skeptical stance on cryptocurrency while promoting the central bank digital currency (CBDC) development. HSBC Group CEO Noel Quinn penned an article, New forms of digital money could spur growth, outlining the firm’s commitment…

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# Bitcoin miner Genesis Digital Assets raises 1M

# Bitcoin miner Genesis Digital Assets raises $431M

“# Bitcoin miner Genesis Digital Assets raises $431M ” Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics. The new funding round was led by Paradigm, one of the biggest cryptocurrency investment companies backing major industry players like…

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# Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’

# Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’

“# Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’ ” Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were finally rewarded for their patience. Meanwhile, newer projects like the Bored Ape Yacht…

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# SEC chair compares stablecoins to casino poker chips

# SEC chair compares stablecoins to casino poker chips

“# SEC chair compares stablecoins to casino poker chips ” U.S. Securities and Commission, or SEC, chair Gary Gensler has doubled down on his “Wild West” analogy for cryptocurrencies, calling stablecoins instruments for gambling at old-timey casinos.  Speaking to Washington Post columnist David Ignatius on Tuesday, Gensler said most projects in the crypto space dealt…

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# Deutsche Boerse launches Solana and Polkadot ETNs by VanEck

# Deutsche Boerse launches Solana and Polkadot ETNs by VanEck

“# Deutsche Boerse launches Solana and Polkadot ETNs by VanEck ” German stock market operator Deutsche Boerse continues diving into the cryptocurrency derivatives by listing three new crypto exchange-traded notes (ETNs) by VanEck. Deutsche Boerse officially announced on Sept. 21 that VanEck’s new ETNs on Polkadot (DOT), Solana (SOL) and Tron (TRX) are now tradable on…

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