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bob wrote a new post
11 months agoSwiss Union Leader Backs EU Framework Agreement for Mutual Benefits
The Swiss people’s concerns about immigration, job competition, and aggressive behavior from foreign neighbors have influenced their voting decisions. However, there are supporters of the framework agreement who a…
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11 months agoImprovements in Swiss Banking Services for Retirees Abroad
Retirees considering a move abroad should take several factors into account. Firstly, it is crucial to research the entry and residency requirements of different countries, as these can vary significantly. Some…
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11 months agoCryptocurrencies Ripple, Cardano, Hedera, and Stellar Lead the Way in Embracing ISO 20022 Standard
The financial ecosystem is undergoing a significant transformation with the emergence of the ISO 20022 standard. This global standard, designed by the International Organization for Standardization (ISO), aims to…
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11 months agoFTX Creditors Face Significant Losses Under Revised Reorganization Plan
FTX, a defunct crypto exchange, has filed an amended Chapter 11 reorganization plan that could result in significant losses for its creditors. The plan proposes valuing the creditors’ claims based on crypto p…
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11 months agoAnticipated Approval of Bitcoin Spot ETF Sparks Excitement in Crypto Market
The anticipation is building in the crypto world as the SEC’s decision on a spot Bitcoin ETF draws closer. SEC chairman Gary Gensler recently hinted that the approval process is underway, fueling excitement among i…
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11 months agoTether Strengthens Transparency and Trust with Cantor Fitzgerald Partnership
Cantor Fitzgerald, a prominent Wall Street firm, has been confirmed as the custodian of Tether’s reserves, strengthening confidence in the popular stablecoin. With a market capitalization exceeding $90 billion, T…
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11 months agoPalau Launches Second Phase of Stablecoin Project with XRPL, Revolutionizing Financial Transactions and Accessibility
The Republic of Palau is making significant progress in its stablecoin project, with the launch of the second phase powered by Ripple’s XRPL technology. The Palau Stablecoin (PSC) pilot program aims to improve f…
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11 months agoPalau Launches Second Phase of Palau Stablecoin Program, Expanding Partnership with Ripple
The Ministry of Finance in Palau has launched the second phase of the Palau Stablecoin (PSC) Program. This program aims to establish a digital currency pegged to the U.S. dollar at a 1:1 ratio. The PSC is stored in…
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11 months, 1 week agoSouth Korea Exempts NFTs and CBDCs from Crypto Interest Regulation
South Korea has exempted non-fungible tokens (NFTs) and central bank digital currencies (CBDCs) from the crypto interest mandate. The Financial Services Commission (FSC) has released a notification stating that…
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11 months, 1 week agoFTX Debtors' Revised Reorganization Plan Sparks Controversy Over Valuation of Cryptocurrency Claims
FTX Debtors have submitted a revamped Plan of Reorganization, which deviates from FTX Trading’s original Terms of Service (TOS). The revised plan, filed recently, follows an agreement with creditor stakeholders r…
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11 months, 1 week agoNational Bank Struggles with Weakening Capital Amidst Swiss Franc Appreciation
The Swiss National Bank (SNB) is facing new challenges as it struggles to combat the appreciation of the Swiss franc. Despite successfully taming inflation, SNB President Thomas Jordan now finds himself lacking the…
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11 months, 1 week agoTether Bolsters Efforts to Combat Illicit Crypto Activities Through Enhanced Collaboration with Law Enforcement
Tether, the stablecoin issuer, is intensifying its efforts to combat illicit crypto activities through enhanced collaboration with law enforcement agencies. The company has shared letters sent to members of the…
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11 months, 1 week agoTether Freezes $435M USDT for U.S. Authorities in Bid to Strengthen Dollar Dominance
Tether, the world’s largest stablecoin issuer, has reportedly frozen $435 million USDT (USD-pegged tokens) for the U.S. Department of Justice (DOJ), Federal Bureau of Investigation (FBI), and Secret Service. The C…
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11 months, 1 week agoMillions of Dollars Worth of NFTs Stolen in Security Breach on Peer-to-Peer Trading Platform
A peer-to-peer trading platform called NFT Trader recently experienced a security breach, resulting in the theft of millions of dollars worth of nonfungible tokens (NFTs). The incident was confirmed by NFT Trader…
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11 months, 1 week agoCardano Community Issues Warning About Crypto Scam Targeting ADA Holders
The Cardano community has been alerted to a crypto scam targeting ADA holders. The scam involves a malicious Berry Pool scam event, where members are lured with fake NFTs and promises of ADA token rewards. The…
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11 months, 1 week agoSEC Chair Accused of Gaslighting Public in Coinbase Legal Dispute
In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s top official, Gary Gensler, of ‘ga…
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11 months, 1 week agoIMF Chief Calls for Crypto Regulations to Safeguard Financial Stability
The head of the International Monetary Fund (IMF) has called for regulations on cryptocurrencies, citing the risks they pose to financial stability. Speaking at a conference in Seoul, IMF Managing Director…
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11 months, 1 week agoWarning: Multiple DApps Affected by Security Breach in Ledger Library
Ledger, a popular cryptocurrency hardware wallet provider, recently addressed a security vulnerability that affected multiple decentralized applications (DApps) on its platform. The vulnerability stemmed from a…
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11 months, 1 week agoRipple's Chief Legal Officer Predicts Resolution of SEC Lawsuit and Regulatory Deadlock in 2024
Ripple’s Chief Legal Officer, Stuart Alderoty, has provided insights into the future of the cryptocurrency landscape, specifically focusing on 2024. He discussed predictions regarding Ripple’s ongoing legal dis…
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11 months, 1 week agoCoinbase Challenges SEC's Denial of Digital Asset Regulations, Files Petition for Judicial Review
In a recent development in the ongoing dispute between Coinbase and the US Securities and Exchange Commission (SEC), the SEC has officially denied Coinbase’s request for new regulations regarding digital assets. I…
