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Bitstamp obtains license, JD.com urges stablecoins, Broken Bound partners with VERSE, and other Web3 news

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  • Bitstamp has obtained a Major Payment Institution licence from the Monetary Authority of Singapore, marking its entry into the APAC region and expanding its global regulatory presence, while focusing on local compliance and infrastructure for institutional needs. (📰The Paypers)
  • JD.com and Ant Group are urging the People’s Bank of China to allow yuan-based stablecoins to enhance the yuan’s global standing, despite China’s previous ban on cryptocurrency transactions, while also developing their own digital yuan as a central bank digital currency. (📰The Paypers)
  • Broken Bound has partnered with VERSE to enhance the memeconomy with decentralized finance tools, focusing on rewards and liquidity, while optimizing on-chain payment functionalities and connecting DeFi features with gaming activities. (📰BlockchainReporter)
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