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Market Reactions to Elon Musk on not Joining the Board of Directors of Twitter

Market Reactions to Elon Musk on not Joining the Board of Directors of Twitter

The market has different responses to Musk's recent move after he recently purchased Twitter shares and decided not to join the board.

Chia Network Appoints Noor Menai to Board of Directors

Chia Network Appoints Noor Menai to Board of Directors

Chia Network, Inc. has appointed Noor Menai to its Board of Directors. Menai, a seasoned professional with over 30 years of experience in banking, finance, and technology, has held positions at prestigious institutions like JPMorgan Chase, Bank of America, and Citigroup. Chia Network, founded by BitTorrent founder Bram Cohen, aims to redefine blockchain technology for practical applications.

Cathie Wood Joins Amun Crypto Technology Firm's Board

Cathie Wood Joins Amun Crypto Technology Firm's Board

Cathie Wood, a seasoned Wall Street investor, has joined Amun’s board of directors after personally investing in the parent company.

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.

Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum

Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum

Meitu has bought 15,000 units of ETH and 379 units of BTC, which were valued at around $22.1 million and $17.9 million respectively at the time of purchase.

SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million

SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million

Microstrategy has revealed in its United States Securities and Exchange Commission (SEC) report that it “may increase” its Bitcoin (BTC) holdings.

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags

Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags

Federal Reserve Board Governor Lael Brainaird announced that the United States Federal Reserve is currently experimenting with blockchain and DLT in pursuit of its central bank digital currency (CBDC) or digital dollar.

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

As interest mounts up toward the acquisition of Bithumb, Huobi Global is named as one of the favorite candidates to take up ownership of the exchange.

G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins

G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins

The Financial Stability Board (FSB), the G20 body that advises on ways to improve the global financial system, has published a study on the challenges, which stablecoins pose for the global economy. The FSB stated that regulatory frameworks have already covered several activities associated with stablecoins, although there are other risks that many national regulators could be left unprepared for.

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.

Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance

Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance

The former Chief Executive of the Hong Kong Monetary Authority (HKMA) has established a new digital wallet company, RD Wallet Technologies Limited.

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