# Will US regulators shake stablecoins into high-tech banks?

# Will US regulators shake stablecoins into high-tech banks?

“# Will US regulators shake stablecoins into high-tech banks? ” Regulators around the world have been thinking seriously about the risks associated with stablecoins since 2019 but recently, concerns have intensified, particularly in the United States.  In November, the United States’ President’s Working Group on Financial Markets, or PWG, issued a key report, raising questions…

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# Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge

# Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge

“# Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge ” Gibraltar-based tech group Valereum Blockchain announced the acquisition of Juno Group, a company that aids in the establishment and administration of trusts, money management and enterprise creation in Gibraltar. Juno is a company that Valereum describes as having three areas of licensed operation: the management of…

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# SEC chair has a new senior adviser for crypto

# SEC chair has a new senior adviser for crypto

“# SEC chair has a new senior adviser for crypto ” United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency work.  In a Thursday announcement, the SEC said Corey Frayer would be joining Gensler’s executive staff as a…

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# Mexico confirms plans to roll out CBDCs in 2024

# Mexico confirms plans to roll out CBDCs in 2024

“# Mexico confirms plans to roll out CBDCs in 2024 ” Mexico has announced that it would introduce a new national central bank digital currency (CBDC) in 2024, according to a tweet posted on Thursday. The tweet by an account representing the Mexican presidency highlighted that “new technologies and next-generation payment infrastructure” will help Mexico…

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# South Korean crypto exchanges to follow Coinone in verifying private wallets

# South Korean crypto exchanges to follow Coinone in verifying private wallets

“# South Korean crypto exchanges to follow Coinone in verifying private wallets ” Major South Korean crypto exchanges including Upbit, Bithumb and Korbit will follow Coinone’s lead in banning transfers to non-verified wallets, industry analysts say.  Yesterday Coinone announced that it would reject deposits from unverified private wallets starting Jan. 24 to reduce the risk…

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# Crypto makes history in 2021: Five instances of governments embracing digital assets

# Crypto makes history in 2021: Five instances of governments embracing digital assets

“# Crypto makes history in 2021: Five instances of governments embracing digital assets ” As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments. In addition to Bitcoin crossing $68,000 for the first time since inception, the year of 2021…

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