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Bank of America: ‘Digital Currencies Appear Inevitable’


Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in...

US Lawmakers Create ‘Congress’ First Ever’ Digital Assets Subcommittee


U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that makes America a leader from an innovation point of view but also protects...

Kia America NFT raises $100k for pet adoption charity


Kia America, an automobile manufacturer, launched its first NFTs in February. Since then, the company has contributed to funding 22k pet shelters. Kia has set a valuable goal and raised funding for an NGO to relieve overpopulated animal shelters. Kia has auctioned several robotic puppy-themed NFTs...

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