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BPI Pilots Stablecoin Settlement for Cross-Border Payments

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bank of the Philippine Islands (BPI) has partnered with global digital clearinghouse Meridian to pilot a stablecoin-based settlement system for cross-border payments, the bank announced Thursday. The trial will initially handle inbound payroll credits…

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Bitget secures New Zealand registration to expand tokenized stock services

Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products. Summary Bitget registered for five financial service categories in New Zealand and joined the IFSO dispute scheme. The registration supports Bitget’s rToken and Stock+ services covering tokenized and direct U.S….

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Bitcoin, Ethereum-Linked Protocols Lose $35 Million in Coordinated Attacks Within Hours

Crypto’s bridges and cross-chain protocols endured a brutal 24 hours this week, with at least three separate exploits draining more than $35 million from decentralized platforms in roughly six hours. The cluster of attacks, detected by security firms Blockaid and PeckShield and tracked by Lookonchain, pushed July’s total hack losses well past June’s tally, underscoring…

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Goldman Sachs CEO Backs CLARITY Act as Senate Divides Over Crypto Bill

Key Takeaways Goldman Sachs CEO David Solomon said the CLARITY Act would provide market stability and encourage regulated financial institutions to enter digital asset markets. Banking groups warn that stablecoin rewards could drain deposits from traditional banks and restrict lending. The latest Senate draft faces opposition over its stablecoin provisions and safeguards governing federal officials’…

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An FDA Panel Just Endorsed These Unproven Peptides

Peptides are inching closer to the mainstream. A panel of experts on Thursday narrowly recommended that the Food and Drug Administration reclassify four popular peptides—including one endorsed by podcaster Joe Rogan—to allow certain pharmacies to legally dispense them. In an at-times emotionally charged meeting that lasted more than 11 hours, members of an FDA advisory…

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After Binance and Bybit, OKX App Removed From Google Play in the Philippines

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The primary mobile app for international cryptocurrency exchange OKX is no longer available for download on Google Play Store in the Philippines. A search for “OKX” on the platform currently displays results for the local…

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