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Tag: rival

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Fed official touts DeFi as ally, not rival, to traditional finance

Federal Reserve Governor Christopher Waller believes that DeFi is more likely to work alongside traditional finance rather than replace it entirely.Speaking at...

UAE regulatory approval bolsters Ripple’s quest to rival SWIFT in cross-border payments

Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA), marking a significant step in its efforts to boost financial...

Tesla’s Chinese rival Nio cuts price for new Onvo-branded car

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengHEFEI, China —...

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China retail sales, industrial output, fixed asset investment in May

Huge waiting lines are seen in front of...

US locked in AI Cold War with China

Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital...

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