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Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets.According...
Irani central bank eyes CBDC, fintech progress to combat sanctions
Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure...
Hong Kong eyes stablecoin licensing regime to bolster crypto stability
Hong Kong’s financial regulators said they have concluded a consultation period over a licensing program initiative for fiat-referenced stablecoin (FRS) providers.The consultation, which...
Nium cuts valuation by 30% in funding round, eyes 2025 IPO
Westend61 | Westend61 | Getty ImagesAMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from...
