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Project mBridge Reaches MVP Stage, Expands International Participation

The Fintech Times

The platform now invites further international participation and private sector proposals for value-added solutions. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing. In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

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Etherfuse Raises $3M to Bring Emerging Market Debt On-chain

Fintech Review

The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan. Currently, Etherfuse issues assets on the Solana and Stellar blockchains, with plans to expand to additional chains in the future.

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New Regulations Could Push US Dollar Stablecoins Into The Payments Mainstream

PYMNTS

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But those same payments mechanisms must be in compliance with various regulatory and legal frameworks.

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An Overview of Payment Regulation In The USA

Clearly Payments

By enforcing compliance with legal frameworks, regulation not only upholds the integrity of the financial system but also safeguards national security interests. They establish rules, standards, and fees for participating financial institutions and merchants.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

Going public is a significant liquidity event for a company, but is also a complex legal event. Most companies need help navigating the process, and investment banks participate in this service along with lawyers. JPMorgan, in a trendier approach, has recently embraced blockchain technology.

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Bitcoin Tracker: Challengers And Backlogs

PYMNTS

One economist described the scheme: “Real money is used to buy virtual currency, and as virtual currencies gain value, commissions and bonuses are received by users who call in other investors to participate.”. The 500-page, $5,000 applications are an attempt to offer an unequivocal legal framework for businesses to exchange in bitcoin.

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Decentralised Autonomous Organisations (DAOs): Governance and Innovation

Fintech Review

Decentralised Autonomous Organisations (DAOs) are transforming the governance structures within the blockchain and cryptocurrency spaces. Fintech Review looks into their function, their role in fostering innovation, and the significant challenges they face, particularly in terms of legal recognition, security, and scalability.