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Crypto wave is catching on in Asia as businesses warm up to stablecoins

Crypto wave is catching on in Asia as businesses warm up to stablecoins

Businesses across Asia are increasingly warming up to stablecoins for cross-border transactions — a trend set to accelerate further as Hong Kong moves to legalize the use of digital tokens, experts told CNBC. From online travel agencies and luxury goods resellers to high-end hotels, companies are embracing stablecoin for payments, citing both speed and cost-efficiency…

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Fox Corporation Announces One-Third Interest Acquisition Of Penske Entertainment

Fox Corporation Announces One-Third Interest Acquisition Of Penske Entertainment

Fox Corporation and Penske Entertainment made a landmark announcement on Thursday morning, as FOX has acquired a one-third interest in Penske Entertainment, related to INDYCAR and Indianapolis Motor Speedway. The move comes with the intention of having high-profile racing and entertainment events, prioritizing quality digital content and having more promotion of the NTT INDYCAR Series…

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JPMorgan CEO Jamie Dimon says he believes in stablecoins and blockchain: CNBC Crypto World

JPMorgan CEO Jamie Dimon says he believes in stablecoins and blockchain: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin inches higher while ether and solana dip a day after the Fed kept rates unchanged. Plus, JPMorgan Chase CEO Jamie Dimon tells CNBC he believes in blockchain and stablecoins, but not bitcoin. And, Ryan…

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