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Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin


On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...

‘No Plan to Issue CBDC’ — Bank of Japan Governor


Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...

Activision Blizzard Settles Sexual Harassment Lawsuit For $18 Million


U.S. District Judge Dale Fischer approved a $18 million relief settlement with the Equal Employment Opportunity Commission today. This settlement comes months after Activision Blizzard originally agreed to settle with the EEOC on September 27, 2021. But those attempting to hold the game publisher...

Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets


Crypto payment processor Coingate and International Business Settlement (IBS) have started an arrangement with the National Bank of Ukraine (NBU) that enables well-wishers to send donations to Ukraine via more than 70 different crypto assets. Calls for Widening List of Accepted Crypto Donations...

New Payment System Seeking to Bolster Intra-African Trade Goes Live


A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system...

Swiss National Bank Trials CBDC in Transactions With Five Banks


The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services...

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