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Thailand delays digital money handout, critics call for probe

[ad_1] Thailand’s planned digital wallet scheme, which intends to payout 10,000 baht (~$274) to citizens over 16 years old, has been delayed, while critics call for a probe from the country’s electoral commission.As originally reported by the Bangkok Post, Thailand’s deputy finance minister, Julapun Amornvivat, announced that the planned February 2024 launch of a new digital wallet has been delayed to buy more time for the development of the system.The Thai
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SEC has 3%–14% chance of success in Ripple appeal, lawyers predict

[ad_1] The United States Securities and Exchange Commission has a very slim chance of winning its appeal against Ripple in the ongoing lawsuit, according to lawyer Bill Morgan, who has been closely following the lawsuit.Morgan, in a post on X (formerly Twitter), argued that there is no obvious appellable error other than in “Ripple’s favour regarding ODL sales which don’t meet at least two prongs of the Howey test,” while
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Crypto traders urge caution as Bitcoin price hits 3-month high near $31K

[ad_1] Bitcoin (BTC) hit new three-month highs on Oct. 23 as the week’s first Asia trading session produced snap gains.BTC/USD 1-hour chart. Source: TradingViewBitcoin bulls face crunch BTC price resistanceData from Cointelegraph Markets Pro and TradingView showed BTC price adding momentum to reach $30,944 on Bitstamp.The largest cryptocurrency saw its first weekly close above $30,000 since the summer, going on to tackle levels closer to key long-term resistance. This included
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Worldcoin to cease paying Orb operators in USDC as early as November

[ad_1] Worldcoin is set to begin paying its Orb Operators — those rewarded for scanning people’s eyes — with its native Worldcoin (WLD) token, phasing out USD Coin (USDC) as early as next month.According to an Oct. 22 announcement, Worldcoin says Orb Operators — “independent ecosystem participants” tasked with scanning people’s irises in exchange for WLD tokens — will cease to be paid in USDC as of November. The change will