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Online Gambling Trends 2023
The online gambling industry is a dynamic and rapidly evolving sector. As we move through 2023, several key online gambling trends are dominating the landscape, driven by advancements in technology, changes in regulation, and shifts in player preferences. Mobile Casino Games Revolution The proliferation of smartphones and advancements in mobile technology have significantly influenced the […]
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CBDC: Ripple Unveils Platform for Central Banks
Ripple has announced the launch of a central bank digital currency (CBDC) platform. This innovative solution empowers central banks, governments, and financial institutions to issue their own digital currencies, revolutionising the financial landscape. Empowering Central Banks with Customisable CBDC Life Cycle Ripple’s CBDC platform provides central banks and governments with comprehensive tools to manage their […]
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Crypto Trading: UK Suggests Gambling Regulation
In a House of Commons Treasury Committee report titled “Regulating Crypto”, the UK Treasury Committee has provided analysis of the crypto landscape, acknowledging both the potential benefits and risks of cryptoassets. However, the contents may concern many in both the crypto and gambling industries, particularly regarding crypto trading. Promise of Cryptoassets The report highlights the […]
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Introduction to Indirect Banking in the Crypto Industry
Esteban Gamboa, Senior Compliance Officer for SolutionsHub, discusses the role, benefits, and challenges of banking intermediaries for the crypto sector. The sector has encountered substantial obstacles in accessing conventional banking services. Regulators warnings and failures have made many banks hesitant to collaborate with cryptocurrency clients. However, some intermediaries have emerged to assist, enabling banking services […]
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Digital Yuan Update: Bank of China drafts BNP Paribas to enhance Digital Yuan
BNP Paribas, a French banking leader, is joining forces with the Bank of China (BOC) to facilitate the use of China’s digital currency, the digital yuan (e-CNY), among its corporate clients, as reported by the South China Morning Post. This partnership is a signifiant milestone since China’s Central Bank spearheaded a pilot of the digital […]
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What is a Central Bank Digital Currency?
Imagine a world where digital currencies are not just an alternative to the traditional financial system, but a core part of it. Picture a reality where digital transactions are seamlessly integrated into your everyday life, and you can perform them with ease and security. This is the promise of Central Bank Digital Currencies (CBDCs), an […]
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The Importance of Professionalising Crypto Syndicates into Private Exempt Schemes
The cryptocurrency market has experienced exponential growth, attracting a wide range of investors, including individuals and institutions. One popular way for individual investors to participate in the market is through crypto syndicates. Crypto Syndicates are groups that pool their resources to invest in cryptocurrencies and blockchain projects, aiming to generate significant returns. As the market […]
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FinTech Innovation Challenge Finale Date
Digital Isle of Man to Host Full-Day Conference and Expo Featuring Global Tech Solutions. The Digital Isle of Man will host the FinTech Innovation Challenge Finale on Thursday, June 29, 2023, at the Comis Hotel & Golf Resort, Mount Murray. The challenge, which commenced last November, provided a platform for businesses worldwide to expand their […]
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EU Parliament Paves the Way for Groundbreaking Crypto Legislation, MiCA, to Launch in 2024
The European Union (EU) Parliament has approved the pioneering Markets in Crypto-Assets (MiCA) regulation in a 517-38 vote, making it the first major jurisdiction to establish a comprehensive crypto law. Additionally, the EU Parliament voted 529-29 in favor of the Transfer of Funds regulation, a separate law that requires crypto operators to identify their customers, […]
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SolutionsHub Celebrates Double Nomination at EGR B2B Awards 2023
The team at SolutionsHub are thrilled to announce their double nomination for the esteemed EGR B2B Awards 2023 in the categories of Corporate Services Supplier and Cryptocurrency Services Supplier. The highly anticipated awards ceremony will take place on June 8 at The Roundhouse in London. The team at SolutionsHub seeks to build upon their past […]
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SolutionsHub Team Celebrates Innovation & Excellence Awards Success
DOUGLAS, ISLE OF MAN – SolutionsHub is thrilled to announce their Innovation & Excellence Awards success, having been named Best in Specialist Licensing Services for the second consecutive year. The Innovation & Excellence Awards celebrate the success and achievements of leading professionals and companies who have stood out for being results driven, service focused and most importantly, taken […]
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UK Banks Remain Cautious of Crypto Clients: A Closer Look
UK Banks Remain Cautious of Crypto Clients: A Closer Look Navigating the Complex Relationship Between Traditional Banks and the Crypto Industry. The cryptocurrency sector continues to evolve at a rapid pace, pushing boundaries and driving innovation. However, as this digital ecosystem grows, it’s becoming increasingly clear that some traditional financial institutions are hesitant to embrace […]
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