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ECB officials liken crypto regulation to providing new clothes for a ‘naked emperor’

February 22nd 2024

Senior payments experts at the European Central Bank have billed the SEC’s approval of spot exchange-traded funds (ETF) for bitcoin as an example of the ‘naked emperors new clothes’, legitimising a currency whose fair value as an asset is effectively zero.

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And the winner is…open banking payments

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Napier AI lands £45 million in funding

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ECB warns banks on outsourcing risks

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Napier AI bags £45 million in funding

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And the winner is…Pay by Bank

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Garanti BBVA issues biometric card

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Toast cuts 550 jobs

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Due diligence fintech spektr launches

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Temenos to conduct independent review of Hindenburg allegations

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Xalts to acquire Contour Network to build ‘Plaid for Trade’

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Temenos to conduct independent review of Hindenberg allegations

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Capital One to acquire Discover for $35 billion

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Monzo targets £4 billion valuation on new funding round

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Banks “barking up the wrong tree” over CBDC deposit flight says ECB

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Pulsate raises $7.7 million in Series A funding round

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Banks “barking up the wrong tree” over CBDC depsit flight says ECB

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Octopus grows stake in Seccl as co-founders depart

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How Westpac is using Generative AI to speed up software development

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Fintech firm Revenir AI pioneers hassle-free mobile VAT reclaim for travellers

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Tap, click and pay: how digital payments seize the day

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