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‘Abolish the Bank of England’ – centralised bank not necessary, report argues
The Bank of England, the cornerstone of Britain’s financial sector, is “not necessary” and should be abolished, a radical new…
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House GOP plans a subcommittee dedicated to crypto oversight, to be chaired by Rep. French Hill, who led GOP efforts to explore a central bank digital currency (Politico)
Politico: House GOP plans a subcommittee dedicated to crypto oversight, to be chaired by Rep. French Hill, who led GOP…
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People's Bank of China official Guo Shuqing says the government's two-year clampdown on financial units at Alibaba, Tencent, Didi, and others is winding down (Nikkei Asia)
Nikkei Asia: People’s Bank of China official Guo Shuqing says the government’s two-year clampdown on financial units at Alibaba, Tencent,…
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SEC filing: Amazon secures an $8B loan from DBS Bank, Mizuho Bank, and others, that will mature in 364 days and will be used for "general corporate purposes" (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: SEC filing: Amazon secures an $8B loan from DBS Bank, Mizuho Bank, and others, that will…
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South Korean financial super app Toss raised $405M Series G at a 9.1T won valuation, or ~$7B, after a 8.5T won valuation in June '21; Toss Bank has 5M users (Kate Park/TechCrunch)
Kate Park / TechCrunch: South Korean financial super app Toss raised $405M Series G at a 9.1T won valuation, or…
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Brazil's central bank says it aims to launch its digital currency in 2024 after a closed pilot program next year with financial institutions (Marcela Ayres/Reuters)
Marcela Ayres / Reuters: Brazil’s central bank says it aims to launch its digital currency in 2024 after a closed…
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