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Stablecoins should meet the same regulatory standards as other aspects of the financial system, says President Trump’s Working Group on Financial Markets.  The working group published a report Wednesday detailing how it views retail payments using stablecoins and asking for public feedback on the issue. Stablecoins must meet appropriate money-laundering and oversight requirements, the document...
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While bitcoin was the first stop for most investors before this year, a growing number of people are paying attention to Ethereum in its own right in 2020, Michael Sonnenshein, managing director at Grayscale Investments LLC, said.  “Over the course of 2020 we are seeing a new group of investors who are Ethereum-first and in...
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The chief executive of Monex Group, a financial services firm based in Tokyo, believes central bank digital currencies (CBDCs) would be a boon for the cryptocurrency market. As reported by Reuters on Wednesday, Oki Matsumoto said the introduction of a digital version of the yen by the Bank of Japan (BoJ) would “significantly enhance the...
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Pendal Group, an Australian Securities Exchange-listed investment manager with over A$100 billion (US$73.6 billion) in assets under management, is getting into bitcoin. As reported by the Australian Financial Review on Monday, Vimal Gor, Pendal’s head of bond, income and defensive strategies, said with the cryptocurrency “entering the realm of mainstream,” the company is now investing...
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Taurus Group, a Swiss fintech firm, has taken on Sygnum Bank as the latest client for its digital asset custody services. Sygnum, which is one of two B2B players that hold banking licenses from the Swiss Financial Market Supervisory Authority (FINMA), will utilize Taurus’s Protect secure storage infrastructure, as well as leverage Taurus’ cluster of...
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The Travel Rule Protocol (TRP), a working group favored by banks and traditional financial institutions and focused on bringing crypto in line with global anti-money laundering (AML) standards, has released the first version of its API. Announced Thursday, the 25-member TRP working group, which includes Standard Chartered, ING Bank and Fidelity Digital Assets, has published...
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Bit2Big

Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.

With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.

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