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Tag Archives: Editor’s Choice

Ethena: Innovative Synthetic Stablecoin or Alluring Fad?

CoinspeakerEthena: Innovative Synthetic Stablecoin or Alluring Fad? The journey of stablecoins in the crypto ecosystem has been both revolutionary and fraught with controversy. The recent rise of Ethena and its USDe stablecoin invites comparisons to previous endeavors, promising high yields in a market still reeling from past stablecoin failures.  Ethena: Innovative Synthetic Stablecoin or Alluring Fad?

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XRP, TON Are Given Green Light by Dubai International Financial Centre (DIFC) for Legal Use

More than 4,300 registered companies operating within the DIFC can now integrate XRP and TON tokens into their virtual asset services. The Dubai Financial Services Authority (DFSA) has added XRP (XRP) and Toncoin (TON) to the list of tokens that can be legally utilized within the Dubai International Financial Centre (DIFC). Now the total list of approved coins is brought to five, with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) authorized back in 2022. Recognition by the Dubai...

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China Launches Its First Industrial Park for Digital Yuan CBDC Development

Currently, there are nine residents of the park. All of them will get access to ten government initiatives introduced to “boost the development” of the digital yuan ecosystem. The initiatives include payment solutions, smart contracts, hard wallets, and digital yuan promotion. The first industrial park has been opened in the Luohu district of Shenzhen, China, with a focus on developing China’s Central Bank Digital Currency (CBDC) – digital yuan or e-CNY. The official launching ceremony of...

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