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Qatar Launches CBDC Project: What You Need to Know

The Qatar Central Bank (QCB) has taken a big step in the digital currency world by completing the groundwork for a central bank digital currency (CBDC) project. The first phase of this project has been launched, focusing on settling large payments among local and international banks.

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Riot Acquires Block Mining for $92.5 Million

Riot Platforms, a major Bitcoin mining company, has purchased Block Mining, a Kentucky-based mining firm, for $92.5 million. The acquisition was announced on July...

HSBC Australia Blocks Payments to Crypto Exchanges  

HSBC Australia has started blocking customer payments to cryptocurrency exchanges as of July 24. This decision comes as the latest move by a major bank to distance itself from the cryptocurrency industry, citing concerns over scams.

Thailand to Distribute Digital Money as Social Benefit to 45m Citizens

Thailand's finance minister, Pichai Chunhavajira, has confirmed the government's plan to distribute digital money as a social benefit. On August 1, up to 45 million Thai citizens will receive 10,000 baht (about $280) in digital currency.

South Korea Enforces New Crypto Regulations  

South Korea's new regulations for virtual asset service providers (VASPs) officially took effect on July 19. The rules, known as the "Virtual Asset User Protection Act," aim to enhance the security of crypto assets and protect users.

Metaplanet’s Aggressive Bitcoin Buying Boosts Holdings 

Japanese investment firm Metaplanet has been buying Bitcoin at a rapid pace. This week, the company added 21.877 BTC to its portfolio, bringing its total to 225.611 BTC.

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Riot Acquires Block Mining for $92.5 Million

Riot Platforms, a major Bitcoin mining company, has purchased Block Mining, a Kentucky-based mining firm, for $92.5 million. The acquisition was announced on July...

HSBC Australia Blocks Payments to Crypto Exchanges  

HSBC Australia has started blocking customer payments to cryptocurrency exchanges as of July 24. This decision comes as the latest move by a major bank to distance itself from the cryptocurrency industry, citing concerns over scams.

Thailand to Distribute Digital Money as Social Benefit to 45m Citizens

Thailand's finance minister, Pichai Chunhavajira, has confirmed the government's plan to distribute digital money as a social benefit. On August 1, up to 45 million Thai citizens will receive 10,000 baht (about $280) in digital currency.

South Korea Enforces New Crypto Regulations  

South Korea's new regulations for virtual asset service providers (VASPs) officially took effect on July 19. The rules, known as the "Virtual Asset User Protection Act," aim to enhance the security of crypto assets and protect users.

Metaplanet’s Aggressive Bitcoin Buying Boosts Holdings 

Japanese investment firm Metaplanet has been buying Bitcoin at a rapid pace. This week, the company added 21.877 BTC to its portfolio, bringing its total to 225.611 BTC.

Kraken Expands Custody Services to the UK and Australia 

Kraken Institutional, the branch of the US-based crypto exchange Kraken that focuses on institutional investors, has announced its expansion into the UK and Australia. This marks its first move since its initial launch earlier this year.

SEC Approves Two Ethereum ETFs for NYSE Listing

The United States Securities and Exchange Commission (SEC) has given the green light for two spot Ethereum exchange-traded funds (ETFs) to be listed on the New York Stock Exchange’s (NYSE’s) Arca electronic trading platform.

OKX Halts Services in Nigeria Amid Regulatory Changes 

OKX, a prominent cryptocurrency exchange, has announced its decision to cease operations in Nigeria due to recent changes in local laws and regulations. This move comes as part of OKX's response to regulatory pressures in the region.

Geopolitical Instability and Inflationary Pressures: Mark Cuban’s Bitcoin Speculation 

Entrepreneur and investor Mark Cuban has voiced speculation that geopolitical instability and rising inflation could propel Bitcoin into a global reserve asset status. According to Cuban, the growing support for former President Trump in Silicon Valley could signal a strategic move towards Bitcoin within the Big Tech sector.

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