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Venezuela Switches Oil Trading for Stablecoins Due to Sanctions
Against U.S. authorities reimposing sanctions on Venezuela, representatives of the country’s oil industry are accelerating the transition to settling contracts in stablecoins. Reuters, citing knowledgeable sources, reports that PDVSA, Venezuela’s…
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Germany’s Largest Federal Bank Launches Crypto Custody Solution
Landesbank Baden-Württemberg (LBBW), Germany’s leading federal lender, plans to launch crypto custody services for institutional clients in H2 2024. Landesbank Baden-Württemberg, Germany’s largest federal bank, will start offering cryptocurrency custody…