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Bittrex Global to End Trading on Dec 4, 2023

Bittrex Global to End Trading on Dec 4, 2023

Bittrex Global, a Liechtenstein-based cryptocurrency exchange, will cease operations on December 4, 2023, following regulatory challenges and legal proceedings, requiring customers to convert U.S. dollar holdings.

Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Millions of Bahamas smartphone users have started using facial recognition technology to authenticate Sand Dollar CBDC payments made through smart devices.

Crypto Exchange FTX Lists Dollar Spot Index Perpetual Futures

Crypto Exchange FTX Lists Dollar Spot Index Perpetual Futures

Cryptocurrency exchange FTX has listed perpetual futures linked to the US dollar spot index, and it is expanding its business scope to the field of foreign exchange derivatives trading.

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.

The Bahamas Central Bank Digital Currency Will Be Rolled Out in October

The Bahamas Central Bank Digital Currency Will Be Rolled Out in October

The Bahamas Central Bank has announced its CBDC, dubbed Sand Dollars, will be ready by next month for roll out.

Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD

Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD

Crypto-basher economist Nouriel Roubini is developing a tokenized asset designed to counter the volatility of the U.S. dollar due to inflation, climate change, and more.

China and Malaysia discuss Asian Monetary Fund

China and Malaysia discuss Asian Monetary Fund

China and Malaysia are discussing the creation of an Asian Monetary Fund as a way to move away from U.S. dollar hegemony. The fund was proposed at a forum in Hainan, China, and Malaysian Prime Minister Anwar Ibrahim has stated that China is open to the proposal.

BRICS Coin 2025: What a Common Digital Currency Would Mean for the Rupee

BRICS Coin 2025: What a Common Digital Currency Would Mean for the Rupee

In 2025, there's no official BRICS coin; instead, a focus on local-currency deals and payment interoperability is emerging, benefiting India's rupee without replacing it.

Digital Dollar Project to Begin Pilot Testing to Gather Data for CBDC

Digital Dollar Project to Begin Pilot Testing to Gather Data for CBDC

The Digital Dollar Foundation is planning to run a pilot test for the US CBDC project.

Canadians Consulted on Digital Currency

Canadians Consulted on Digital Currency

The Bank of Canada has opened a public consultation until June 19 to gauge what features Canadians would like to see included in a digital Canadian dollar. The bank clarified it was not beginning work on a CBDC or replacing cash but was looking to explore the concept.

Bank of Jamaica Mints First Tranche of CBDC

Bank of Jamaica Mints First Tranche of CBDC

The Bank of Jamaica has minted its first batch of its CBDC, the Digital Jamaican Dollar, and has entered a pilot testing phase.

Binance to Delist SGD Trading Pairs Amid Tightened Regulatory Scrutiny

Binance to Delist SGD Trading Pairs Amid Tightened Regulatory Scrutiny

Binance is set to limit all trading pairs involving the Singapore Dollar following the warning from the country's regulator.

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