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Telegram Launches “Telegram Stars” for In-App Purchases and Developer Incentives

Social messaging platform Telegram has introduced “Telegram Stars,” a new in-app token designed for purchasing digital goods and services. “With Telegram Stars, mini apps can now accept payments for digital...
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Qatar Central Bank Announces Completion of CBDC Infrastructure Development

Doha, June 2, 2024 – The Qatar Central Bank (QCB) has successfully completed the infrastructure development for its Central Bank Digital Currency (CBDC) project, marking a significant milestone in its...
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PayPal Expands PYUSD Stablecoin to Solana, Introduces Confidential Transfers

On May 29, PayPal announced the deployment of its PYUSD stablecoin on the Solana blockchain, expanding beyond its previous availability on Ethereum. This strategic move introduces “confidential transfers,” a significant...
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Bank of Israel Launches Digital Shekel Experiment Inspired by BIS Project Rosalind

The Bank of Israel (BoI) has embarked on a significant step towards the development of its own central bank digital currency (CBDC), the digital shekel. Drawing inspiration from the Project...
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Chinese Woman Sentenced for Laundering Multi-Billion Dollar Fraud Proceeds via Bitcoin

A Chinese national has been sentenced to prison for her involvement in laundering proceeds from a multi-billion dollar fraud scheme. Wen Jian received a six-year and eight-month prison sentence on...
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Coinbase Eyes New Altcoin Listing in Bitcoin Scaling Ecosystem

San Francisco, CA – Coinbase, the largest cryptocurrency exchange in the United States, has unveiled plans to potentially list a new altcoin from within the Bitcoin (BTC) scaling ecosystem. The...
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New York Man Pleads Guilty to $1.3 Million Crypto and Real Estate Fraud Scheme

Last week, a New York man admitted to defrauding investors out of more than $1.3 million through a series of elaborate fake cryptocurrency and real estate schemes report says. Thomas...
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Hong Kong Halts Worldcoin Project Over Privacy Violations

The Office of the Privacy Commissioner for Personal Data (PCPD) has concluded its investigation into the Worldcoin project, finding that the project violated Hong Kong’s Personal Data (Privacy) Ordinance (PDPO)....
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U.S. Authorities Arrest Two in $73 Million Crypto Money Laundering Scheme

United States authorities have arrested two individuals accused of orchestrating a money laundering operation that funneled over $73 million through U.S. financial institutions and converted the funds into Tether (USDT)...
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Nigerian Court Rules Binance Executive Can Face Trial

A Nigerian court has determined that Tigran Gambaryan, Binance’s chief financial compliance officer, can be tried as a representative of the cryptocurrency exchange in a case involving allegations of tax...
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