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Banque de France conducted a successful experiment with IZNES on the use of central bank digital money for interbank settlement purposes.

Banque de France central bank digital currency

Banque de France successfully carried out an experiment on central bank digital currency (CBDC) with IZNES as part of the experimental programme launched in March 1.

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Kraken to Halt XRP Trading for U.S. Residents

Kraken XRP

Given the recent SEC filing against Ripple Labs Inc., we are halting XRP trading for U.S. residents no later than January 29, 2021 at 5pm PT (January 30, 2021 at 1:00 UTC)

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New Gemini Credit Card with Crypto Rewards

Gemini Credit Card

Gemini, a crypto exchange and custodian, today announced that it will launch the Gemini Credit Card, a credit card with cryptocurrency rewards.

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Brian P. Brooks to Step Down, Blake Paulson to Become Acting Comptroller of the Currency on Jan 14, 2021

Blake Paulson

Acting Comptroller of the Currency Brian P. Brooks today announced he will step down on January 14, 2021, and pursuant to 12 USC 4, Chief Operating Officer Blake Paulson will become Acting Comptroller of the Currency.

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ECB digital euro consultation ends with a record level of public feedback

ECB European Central Bank digital euro

Over 8,000 responses received in online survey. Privacy, security and pan-European reach ranked highest in European citizens’ preferences. Detailed analysis to be published in spring, ahead of decision on project launch

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Bakkt to Become a Publicly Traded Company via Merger with VPC Impact Acquisition Holdings

Bakkt

Bakkt, and VPC Impact Acquisition Holdings a special purpose acquisition company announced that they have entered into a definitive agreement for a business combination that will result in Bakkt becoming a publicly traded company with an enterprise value of approximately $2.1 billion.

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FCA warns consumers of the risks of investments advertising high returns based on cryptoassets

Cryptocurrencies cryptoassets

The FCA is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise high returns. Investing in cryptoassets, or investments and lending linked to them, generally involves taking very high risks

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Ukrainian Ministry of Digital Transformation to develop virtual assets and to facilitate CBDC infrastructure with the Stellar Development Foundation

Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation

On December 28, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding and Cooperation, within which they will work on the development of a strategy for virtual assets in Ukraine.

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deVere CEO: “I sold half my Bitcoin holdings over Christmas”

Nigel Green, CEO deVere

As Bitcoin hits nearly $32,000, the CEO of one of the world’s largest financial advisory and fintech organizations has revealed that he has sold half of his Bitcoin holdings.

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SEC Obtains Emergency Asset Freeze Charges Crypto Fund Manager with Fraud

Virgil Capital

SEC announced that it filed an emergency action and obtained an order imposing an asset freeze and other emergency relief against Virgil Capital LLC

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