World Liberty Financial, supported by Donald Trump and his family, has announced plans to introduce a stablecoin named USD1. This digital asset will be pegged 1:1 to the U.S. dollar and backed by short-term U.S. government treasuries and dollar deposits. The initiative aligns with the administration's goal to position the U.S. as a leading crypto hub.
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Deutsche Boerse's Clearstream to Offer Bitcoin Custody Services: Clearstream, a subsidiary of Deutsche Boerse, announced plans to offer cryptocurrency custody and settlement services for institutional clients starting next month, focusing on Bitcoin and Ether. This move aligns with a broader trend among European financial institutions engaging in cryptocurrencies, especially following the European Union's introduction of the Markets in Crypto-Assets regulation (MiCA) in 2023.
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To bring about change, you must not be afraid to take the first step. We will fail when we fail to try.....
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