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Crypto Today: Kyrgyzstan launches stablecoin and confirms CBDC plans

Kyrgyzstan has introduced a new stablecoin pegged 1:1 to the Kyrgyzstani som while confirming plans for a central bank digital currency (CBDC). The KGST stablecoin will utilize the BNB Chain, with plans for a crypto reserve including BNB. The Kyrgyz crypto committee aims to list the stablecoin on international platforms and submit proposals for a national crypto reserve within two months. In the Bitcoin mining sector, smaller miners are gaining ground on larger firms amid challenging post-halving economic conditions, with public miners accounting for nearly one-third of Bitcoin's total network hashrate. Ferrari is stepping into the crypto arena by launching a digital token allowing elite clients to participate in auctions for exclusive race cars, such as the Ferrari 499P. The token aims to foster loyalty among Ferrari's top clients and will debut with the 2027 World Endurance Championship season.

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Alibaba’s Qwen Deep Research Creates Live Webpages, Podcasts in Seconds

Alibaba's Qwen Deep Research has launched a significant upgrade to its AI chatbot, allowing users to convert reports into live webpages and podcasts with just one click. This new functionality, powered by three open-source models, enables a seamless workflow that begins with user-sourced research questions. Once processed, users

Ripple News: XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Batch Amendment

The proposed Batch amendment for the XRP Ledger aims to enhance functionality by allowing atomic transaction capabilities. This advancement particularly benefits NFTs by enabling users to perform seamless NFT-to-NFT swaps within a single transaction, significantly improving security and atomicity. As of now, the Batch amendment has achieved a consensus of

BTC, XRP, SOL, ETH Week Ahead: Fed Rate Decision, Mag 7 Earnings, Trump-Xi Summit to Move Markets

Major cryptocurrencies are trading higher ahead of a week filled with significant events, including Federal Reserve and Bank of Japan rate decisions and earnings from key Mag 7 stocks. The Federal Reserve is widely expected to cut its policy rate by 25 basis points to 4% on Wednesday. Bitcoin has

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