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Yellen Stresses Need for Central Bank Digital Currency
13.10.2022
China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
Digital Asset Bank Custodia Files Lawsuit in U.S. Court Over BNY Mellon's Crypto Approval
13.10.2022
Custodia alleges the Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody
Bank of China: Digital yuan transactions volume crossed $14B mark
13.10.2022
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong
Gas-to-Bitcoin Firm Crusoe Energy Acquires the Operating Assets of Great American Mining
13.10.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy announced on Wednesday that it acquired the operating assets of Great American Mining (GAM). The acquisition gives Crusoe over 10 megawatts (MW) of mining capacity and 4,000 ASIC mining rigs. Digital Flare Mitigation Firm Crusoe...
Report: Zimbabwe Tertiary Learning Institution Developing Central Bank Digital Currency
12.10.2022
Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said the digital currency is expected to help eliminate vices such as currency manipulation...
Interoperable QR Payments Reach Record Number in Argentina
12.10.2022
Interoperable QR payments, a system that allows all digital wallets in Argentina to make payments in several stores, reached a record number in September. According to official numbers, 3.15 million payments were completed using this system, including cryptocurrency-based payments that exchanges...
Damien Hirst livestreams the burning of $10M in art for NFT project
12.10.2022
"The Currency" is the name given to Hirst's NFT project which examines the value of digital art versus physical art
Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore
12.10.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed:...
City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
11.10.2022
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
Slicing the Elephant: Inside the Design of a Digital Euro
11.10.2022
There are plenty of decisions yet to be made about the landmark CBDC, the head of the ECB’s digital euro project, Evelien Witlox, tells CoinDesk
Crypto and digital bank MinePlex secures $100M in funding from GEM
11.10.2022
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions
VICUNA Metaverse, Digital-Life Experience Like Never Before
11.10.2022
OSTD is a UAE-based licensed technology company that has launched a multidimensional project, VICUNA, which will bring real-life experiences in e-commerce. The project has been introduced with a vision to solve prevalent issues of e-commerce platforms to enable a better experience. Scheduled...
Coinbase Gets Singapore Digital Payment Token License
11.10.2022
Coinbase joins Crypto.com and DBS Vickers as major institutions with a Digital Payment Token (DPT) license from the Monetary Authority of Singapore
OECD releases framework to combat international tax evasion using digital assets
10.10.2022
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13
Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
10.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
The Dacxi Chain Unveiled as the World’s First Global Equity Crowdfunding Network
10.10.2022
PRESS RELEASE. The world’s first blockchain-based global equity crowdfunding network – the Dacxi Chain – has been unveiled. The Dacxi Chain is a unique global ecosystem that creates digital tokenized versions of company shares, which can then be quickly and easily bought...
Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
10.10.2022
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these...
How brands are using digital fashion in real life
10.10.2022
From Gucci to Balenciaga, big fashion brands are making their way into the Metaverse