Unlocking the Digital Won: Bank of Korea's Thrilling CBDC Pilot with 100,000 Citizens
Bank of Korea pioneers a revolutionary CBDC pilot involving 100,000 citizens, marking a significant step towards the Digital Won era.
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- Hui Xin
U.S. Prosecutors Challenge Former Binance CEO CZ's Bond Conditions
Former Binance CEO CZ Zhao faces travel restrictions as U.S. prosecutors challenge bond conditions, citing flight risk concerns amidst legal troubles, while the cryptocurrency market rebounds from regulatory scrutiny.
JasperJPMorgan Anticipates $2.7 Billion Outflows from GBTC Upon ETF Conversion
JPMorgan analysts forecast potential outflows of over $2.7 billion from the Grayscale Bitcoin Trust (GBTC) upon its conversion to an ETF, citing traders' speculative accumulation driven by the discount to net asset value.
JasperBitcoin Transaction Raises Eyebrows with Whopping $3.1 Million Fee
Bitcoin transaction raises eyebrows as a whale mistakenly pays an unprecedented $3.1 million fee, sparking speculation and uncertainty in the crypto community.
JasperSingapore Enhances Crypto Oversight to Safeguard Investors
Singapore's Monetary Authority strengthens crypto regulations to protect retail investors, introducing measures to curb speculative activities while facing concerns that such stringent oversight may impede the nation's crypto industry aspirations.
JasperWith the Advancement of AI, Is 3-Days Workweek Possible?
Bill Gates envisions a shorter 3-day workweek with AI progress, echoing industry discussions on technology's transformative impact on work structures.
Hui XinFrom Crypto to Fishy Business: Sam Bankman-Fried Navigates Trade in Prison
Sam Bankman-Fried, ex-FTX CEO, navigates prison life by trading mackerel ('macks'), revealing adaptability and offering insights into unconventional prison commerce amid legal challenges.
Hui XinSam Bankman-Fried’s Trading Life Continues Behind Bars; Who Else in Prison
SBF now explores an unexpected economy in Brooklyn's Metropolitan Detention Center. Cooling his heels while awaiting sentencing, he delves into the world of prison economics, where mackerel replaces cigarettes as the preferred currency. SBF's unique adaptation involves trading pouches of preserved fish, known as 'macks,' for services within the confines of the detention centre.
JoySocial Platform X Restricts Former Binance CEO's Account Amidst Profile Name Change
Former Binance CEO Changpeng "CZ" Zhao faced account restrictions on social media platform X (formerly Twitter), post-resignation linked to a $4.3 billion settlement with the U.S. Department of Justice. The platform hinted at rule violations, and CZ attributed the restriction to a flawed bot detection algorithm, raising uncertainties about his future activity despite Richard Teng assuming Binance's leadership role.
JixuRaiffeisen Bank Partners with Bitpanda to Offer Cryptocurrency Services in Vienna
Raiffeisen Bank, a venerable Austrian financial institution with $215 billion in assets, is set to introduce cryptocurrency trading services for retail clients in Vienna by January 2024, in partnership with Bitpanda. The move reflects the bank's strategic foray into the crypto realm, targeting digitally savvy customers with a preference for modest investments and emphasizing the increasing adoption of cryptocurrencies in regions with clear regulatory frameworks.
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