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Nalezeno "Program": 1485

Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program


Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding...

Lendvest collaborates with Chainlink BUILD program


Lendvest is on the verge of collaborating with the Chainlink BUILD program. This is for enabling it to work on the overall growth of the ecosystem and mass acceptance of Web3. This will be achievable by connecting with Chainlink’s high-level Oracle services, along with the required technical...

Ripple and Palau Announce CBDC Stablecoin Pilot Program


Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance, the test started...

Ducati to release its free digital collectible program today


Ducati is set to launch its first-ever digital collectible program on 26 July. The moto giant has entered a partnership with XRP Ledger and Web3Pro for the program. The latest post by Ducati explained the program is helping the Bologna-based manufacturer enter Web3. The new initiative will leverage...

Coinbase to Wind Down Lending Program Over Coming Months


Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said

Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments


The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas...

Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding


Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...

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