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    Author

    Arpita Mukherjee





    News
    Singapore’s Central Bank Unveils Regulatory Framework for Stablecoins, Ensuring Stability and Compliance
    Arpita Mukherjee Posted On August 16, 2023


    The Monetary Authority of Singapore (MAS) has introduced a comprehensive regulatory framework designed to oversee the operation of single-currency stablecoins (SCS) within the country’s jurisdiction. This initiative aims to foster stability and trust in the realm of digital currency while […]


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    News
    Donald Trump Revealed to Possess Up to $500K in Cryptocurrency Holdings
    Arpita Mukherjee Posted On August 16, 2023


    A recently disclosed filing with the U.S. Office of Government Ethics has unveiled that former U.S. President Donald Trump is in possession of cryptocurrency holdings valued at potentially up to $500,000, a surprising revelation considering his previous skepticism towards digital […]


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    News
    FTX Founder Sam Bankman-Fried’s Bail Revoked as Judge Cites Witness Tampering
    Arpita Mukherjee Posted On August 16, 2023


    In a dramatic turn of events, United States District Judge Lewis Kaplan has revoked the bail of Sam Bankman-Fried, the indicted founder of the now-defunct FTX cryptocurrency exchange. The decision comes after probable cause was found that Bankman-Fried had tampered […]


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    News
    Nigeria’s ABCON Urges Ban on Binance within the Country
    Arpita Mukherjee Posted On August 10, 2023


    The Association of Bureau De Change Operators of Nigeria (ABCON), a self-regulatory body representing licensed Bureaux de Change (BDC), has escalated its demands for the Federal Government of Nigeria to halt the operations of Binance within the country. This move […]


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    News
    Singapore Red Cross Embraces Crypto Donations, Tapping into Tech-Savvy Donors
    Arpita Mukherjee Posted On August 8, 2023


    In a progressive move towards embracing digital innovation, the Singapore Red Cross has now opened its doors to cryptocurrency donations. The esteemed humanitarian aid and community services charity recently announced that it will accept Bitcoin donations, marking a significant step […]


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    News
    PayPal Launches PayPal USD Stablecoin, Bridging Fiat and Web3 Payments
    Arpita Mukherjee Posted On August 8, 2023


    In a move set to revolutionize web3, PayPal (NASDAQ: PYPL) has unveiled its newest offering – the PayPal USD (PYUSD) stablecoin. Fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents, this regulated stablecoin can be redeemed […]


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    News
    Binance Surpasses 150 Million Registered Users, Defying Challenges
    Arpita Mukherjee Posted On August 4, 2023


    In the face of various challenges, Binance, the renowned cryptocurrency exchange, has achieved a remarkable milestone. Changpeng Zhao, the CEO of Binance, proudly announced on social media that the platform has reached a staggering 150 million registered users. This announcement […]


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    News
    Crypto Market Faces Sharp Decline: Fraud Charges and Market Cap Fluctuations Send Investors on Edge
    Arpita Mukherjee Posted On August 4, 2023


    In a sudden turn of events, the crypto market witnessed a significant decline, erasing gains across major cryptocurrencies. As Bitcoin, the leading digital asset, grapples with a challenging breakout, the total market cap faces volatile fluctuations. Meanwhile, Compound (COMP) struggles […]


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    News
    SEC Pressures Coinbase to Suspend Trading of All Crypto Assets, Excluding Bitcoin
    Arpita Mukherjee Posted On August 1, 2023


    In a recent revelation, Coinbase CEO Brian Armstrong disclosed that the U.S. Securities and Exchange Commission (SEC) had urged the popular exchange to halt trading activity for all digital assets, with the exception of Bitcoin. The request came before the […]


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    News
    China’s Digital Yuan Achieves Staggering $250 Billion Transaction Milestone
    Arpita Mukherjee Posted On July 21, 2023


    In a significant milestone for China’s digital financial landscape, the People’s Bank of China (PBOC) governor announced that the digital yuan, the nation’s central bank digital currency (CBDC), has surpassed a remarkable 1.8 trillion yuan (approximately $249.33 billion) in total […]


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