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Finance

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Crypto

PNC Bank Brings USDC Payments To Corporate Clients – What It Means For Crypto Adoption

One of America’s largest banks is taking another step into blockchain-based payments. PNC Bank has introduced a new service allowing eligible corporate clients to receive USDC stablecoin payments and convert them directly into U.S. dollars. The development raises an important question: are stablecoins becoming a practical alternative to traditional payment infrastructure? On November 9, PNC […]

Bitcoinist
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Crypto

Former Pennsylvania Bank Employee Accused of Stealing $101,246 by Opening Fake Accounts in Other People’s Names for 20 Years

A former bank employee in Pennsylvania is accused of stealing more than $111,000 by opening fake accounts over a 20-year period. Todd Michael Jones, 49, of Unity Township faces charges of theft, forgery, identity theft, and misapplying financial institution property, says Pennsylvania State Police. A criminal complaint alleges Jones opened multiple First National Bank (FNB) […] The post Former Pennsylvania Bank Employee Accused of Stealing $101,246 by Opening Fake Accounts in Other People’s Names for 20 Years appeared first on The Daily Hodl.

The Daily Hodl
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Politics

Burnham lauds £12bn offshore wind investment as he prepares for climate summit

Project off Norfolk coast announced as government tries to calm critics after approving Jackdaw gasfield UK politics live – latest updates Andy Burnham has hailed a record investment in offshore wind, as the government tries to repair its green credentials after approving the controversial Jackdaw gasfield in the North Sea. On Wednesday the government announced a £12bn investment from the German energy company RWE and the US private equity firm KKR, as the prime minister prepares to travel to the Cop31 climate crisis summit in Turkey. Continue reading...

The Guardian
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Crypto

Deutsche Bank Launches Bitcoin and Ethereum Custody Service

Deutsche Bank officially rolls out digital asset custody service, allowing paying clients to store bitcoins and Ethereum. Germany’s biggest lender is looking to further increase its cryptocurrency footprint and explore further services related to tokenization and digital payments. Ad Ad Deutsche Bank Opens Bitcoin and Ethereum Custody Services Deutsche Bank announced Wednesday that its digital The post Deutsche Bank Launches Bitcoin and Ethereum Custody Service appeared first on CoinGape.

CoinGape
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Finance

Economies are improving, but rule of law is slipping. The buck now stops with Africa’s leaders | Kenneth Mohammed

The west has spent decades judging Africa’s governance and colonialism is much to blame. But Mo Ibrahim’s latest index offers a different perspective – and some uncomfortable truths The west has never been short of advice on how Africa should govern itself. It has produced rankings, attached conditions to aid and delivered lectures on corruption, often while its own banks and corporations have profited handsomely from the continent’s governance weaknesses. So, there was something refreshing about sitting in Cairo, listening to a Sudanese-born, self-made telecommunications entrepreneur and bill

The Guardian
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