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Hong Kong Launches CBDC Program
In a substantial step forward for the worldwide implementation of central bank digital currencies (CBDCs), the Hong Kong Monetary Authority (HKMA) unveiled its pilot program for the electronic Hong Kong dollar (e-HKD) on Thursday, explaining the digital currency's numerous possible applications in payments and tokenized deposits. Argentine Authorities Set Sights on Crypto Payments
Argentina's central bank has put a stop to payment providers offering crypto transactions, aiming to limit the country's payment-system exposure to digital assets. The move impacts fintechs and financial institutions alike, as both are now prohibited from facilitating crypto services through their apps. 
The game-changing TON and the Open Network Overview
Discover Toncoin, the native token of The Open Network (TON), a decentralized Layer 1 blockchain. Toncoin is an eco-friendly token designed for payments, fees, and confirmation, boasting fast transactions, low fees, and a flexible architecture. This review covers information about the cryptocurrency's origins, competitors, potential uses, development plans, and token economics. Sanctioned Rosbank Introduces Cross-Border Crypto Payments
Rosbank, a major player in the Russian banking system, has begun executing cross-border crypto transactions. As of early June, the bank has carried out test transactions with both corporate and individual clients. This innovation aims to sidestep Western sanctions intended to halt Russia's conflict with Ukraine. 
Ripple and University of Toronto Team Up for Crypto Education
The University of Toronto, Canada's largest higher education institution by enrollment, is partnering with Ripple to establish an independent XRP ledger validator that will primarily process payments, marking a significant step in fostering the upcoming wave of the crypto industry. Circle Pushes Forward Amidst Regulatory Challenges
Circle, the crypto payments tech company, remains steadfast in its pursuit of going public despite the recent SEC action taken against Coinbase, a publicly traded company. This regulatory setback has not deterred Circle from their ambitions of entering the public market. 
AUDN: The Stablecoin Disrupting Cross-Border Transactions
The National Australia Bank (NAB) has launched cross-border payments utilizing its AUDN stablecoin, tailored for instant cross-border transfers. NAB will leverage the Ethereum blockchain to transfer AUDN to its subsidiaries in other countries. 
Alchemy Pay gains $10M from DWF Labs!
The payment system Alchemy Pay, which makes transactions between fiat and crypto counterparts smooth, just got a major boost. Thanks to a partnership with investment firm DWF Labs, Alchemy Pay has secured $10 million in funding. Now they can keep the good times rolling and simplify crypto payments for everyone! 