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Fed outlines pros and cons of a US ‘digital dollar’ — but avoids taking a stand (for now)

id=”article-body” class=”row” section=”article-body” data-component=”trackCWV”> Getty Images  was invented, at least in part, to circumvent governments and national currencies. In the , released in the wake of the 2008 financial crisis, Satoshi Nakamoto expressed a desire to create “a new electronic cash system” that was “completely decentralized with no server or central authority.”  But as  gain in …

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Star 'deficient' on money laundering fears

Star Entertainment Group provided a “thoroughly deficient” response to internal concerns that a controversial Chinese debit card scheme used at The Star Sydney was linked to potential high roller money laundering, an inquiry has heard. The NSW Independent Liquor & Gaming Authority inquiry is investigating whether The Star Sydney has been infiltrated by criminal activity, …

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Alice Springs casino gets $70M expansion

A central Australian hotel and casino is set to expand, with a multi-million dollar revamp to attract international holidaymakers and gamblers. Iris Capital will spend $70 million expanding Alice Springs’ Lasseters Hotel Casino, Northern Territory Chief Minister Michael Gunner said. “Private investment is leveraging the town as a new must-do destination for both business and …

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