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Pakistan moves towards tokenizing $2 billion in government assets with Binance

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Binance is set to explore tokenizing up to $2 billion worth of bonds, treasury bills and commodity reserves in Pakistan.Reuters reported on Friday. The memorandum of understanding (MOU) with the world’s largest crypto exchange by trading volume highlights Pakistan’s desire to use blockchain technology to unlock liquidity and attract foreign investment while exploring a formal […]

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Ripple, Circle and BitGo among five crypto companies poised to become trusted banks

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Five digital asset companies received conditional approvals Friday to become federally chartered trust banks from the Office of the Comptroller of the Currency (OCC), a major step aimed at bringing U.S. dollar stablecoin issuers under federal regulatory oversight. Blockchain company Ripple and Circle’s (CRCL) first national digital currency bank is on the list, which also

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Interactive Brokers Now Accepts Stablecoins in Aim to Stay Competitive

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Interactive Brokers will now allow retail investors to fund individual brokerage accounts with stablecoins, a move aimed at keeping pace with the increasingly competitive retail trading market, Bloomberg reported Friday. The Greenwich, Conn.-based brokerage firm competes against rivals such as Robinhood Markets Inc. and Charles Schwab Corp. and earlier this year expanded its cryptocurrency trading

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HBAR falls 4% to $0.1247 as afternoon sell-off breaks support

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HBAR is trading lower on Thursday after breaking through several technical levels during an afternoon selloff that sent the token down 4% to $0.1247. The native token of the Hedera network is showing a range of $0.0082 representing 6.4% volatility as resistance at $0.1320 proves insurmountable for bulls trying to extend their gains. Volume patterns

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Dips below $90,000 as AI bubble worries weigh on tech stocks

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Artificial intelligence-focused stocks are under pressure on Friday, dragging down tech and bitcoin-related stocks. BTC$90,238.80 lower at the start of the American session. Chipmaker Broadcom (AVGO), the ninth-largest asset by market capitalization, fell 10% despite strong earnings as its outlook disappointed investors’ high expectations. The Nasdaq index was down more than 1% in the first

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Phantom Adds Kalshi to Its Wallet and Allows Users to Trade Prediction Markets with Solana Tokens

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Crypto wallet Phantom is rolling out prediction markets for its 20 million users through a partnership with Kalshi, the US-regulated event exchange, the company announced Friday. The feature will allow Phantom users to trade on real-world outcomes such as US elections, macroeconomic events or cryptocurrency prices without leaving the wallet interface. Phantom also introduces a

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Supported, Chainlink Unveils xBridge to Move Tokenized Stocks Between Solana and Ethereum

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Backed Finance introduces xBridge, a new cross-chain bridge designed to move tokenized stocks across blockchains without losing track of stock splits, dividends or other corporate actions. Unveiled at Solana Breakpoint and built in partnership with Chainlink, xBridge allows users to transfer tokenized stocks, called xStocks, between Ethereum and Solana, according to an emailed announcement Friday.

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Poland resubmits vetoed crypto law to align with EU rules amid Russia-related threats.

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The Polish government has reintroduced a cryptocurrency bill that President Karol Nawrocki vetoed last week, with Prime Minister Donald Tusk urging him to sign the legislation to mitigate what officials see as national security threats linked to Russia and other former Soviet states, Rzeczpospolita reported. The bill, officially known as the Crypto-Asset Market Law, would

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YouTube Now Allows US Content Creators to Get Paid with PayPal Stablecoin: Fortune

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YouTube has allowed U.S. content creators to receive their earnings in PayPal’s PYUSD stablecoin (PYPL), according to a Fortune report, citing May Zabaneh, head of crypto at PayPal. “The beauty of what we’ve built is that YouTube doesn’t need to touch crypto and so we can help eliminate that complexity,” Zabaneh said. She added that

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