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Cunliffe, Deputy Governor of Bank of England warns that decentralized finance protocols are not reliable in mitigating risk.
There will be a proposal from the European Commission soon for legislation to establish a digital currency central bank.
As a cross-chain platform, THORChain allows token swaps as well as bridging between chains. After identifying a bug in its chain, it cuts off the chain.
A spokesperson for Binance said that Kazakhstan’s central bank had agreed to test BNB Chain as a digital currency. This development follows Binance’s recent Kazakhstan license.