Circle debuts Arc testnet with participation by BlackRock, Goldman Sachs, Visa

Circle debuts Arc testnet with participation by BlackRock, Goldman Sachs, Visa

Circle’s new Arc blockchain testnet launches with participation from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard. Circle, the world’s second-largest stablecoin issuer, launched the public testnet for Arc, its open layer-1 blockchain network built to bring global financial infrastructure onchain. The rollout, which Circle calls the “Economic Operating System for the…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, major banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi are entering the stablecoin race. Prediction platform Kalshi secured $300 million for…

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# Deutsche Bank completes trial of tokenized investment platform

# Deutsche Bank completes trial of tokenized investment platform

” Deutsche Bank completes trial of tokenized investment platform “ According to a report on Feb. 21, Deutsche Bank Singapore and Memento Blockchain have successfully completed the proof of concept phase of Project DAMA (Digital Assets Management Access), designed to facilitate the management of digital funds investing in tokenized securities. Per its report, asset managers…

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#Jeffrey Epstein sex abuse accusers sue JPMorgan, Deutsche Bank

#Jeffrey Epstein sex abuse accusers sue JPMorgan, Deutsche Bank

“Jeffrey Epstein sex abuse accusers sue JPMorgan, Deutsche Bank” Two women who accused Jeffrey Epstein of sexual abuse slapped JPMorgan and Deutsche Bank with separate lawsuits, claiming the financial giants chose profits over reigning in the convicted pedophile’s alleged sex-trafficking operation. The women, identified only as Jane Does, filed the lawsuits Thursday in New York…

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#Deutsche Bank, DWS unit raided over ‘greenwashing’ claims

#Deutsche Bank, DWS unit raided over ‘greenwashing’ claims

“Deutsche Bank, DWS unit raided over ‘greenwashing’ claims” German prosecutors raided asset manager DWS and the headquarters of its majority owner Deutsche Bank on Tuesday over allegations of misleading investors about “green” investments, the prosecutors said. DWS and Deutsche Bank said the asset manager had cooperated with regulators and authorities in the past and would continue to do so. DWS has repeatedly denied allegations it misled investors. The…

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#Deutsche Bank HQ searched over possible money laundering

#Deutsche Bank HQ searched over possible money laundering

“Deutsche Bank HQ searched over possible money laundering” An estimated 170 regulators descended on Deutsche Bank’s global headquarters in Germany Friday after the financial giant alerted authorities about a potential money laundering case, according to a report. Both European regulators — the Federal Financial Supervisory Authority (BaFin) — and German police raided the bank following a…

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