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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09/08/2024 21:40
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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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