By integrating with Shopify Inc., one of the leading global e-commerce leader, Solana Pay, developed by Solana Labs, has attained a major milestone. With this strategic alliance, businesses will be able to better do business and interact with the digital assets realm. Using the Solana blockchain, Solana Pay offers frictionless
Australia’s central bank has completed the pilot of the Central Bank Digital Currency (CBDC), researching the use cases for a potential digital dollar. The report revealed that Australia would not make any decisions on CBDCs for some years due to some unresolved issues that came up at the end of
Los Angeles, USA, June 2nd, 2023, Chainwire OvalPixel announced the launch of its groundbreaking blockchain-powered artificial intelligence (AI) trivia game that pays players in crypto tokens. The OvalPixel AI game token with symbol $OPAIG allows players of all ages and experience levels, from gamers to grandmas, to earn OPAIG
In a recent development, legal experts expressed worries over Florida’s move to outlaw central bank digital currency (CBDCs), questioning their usefulness and possible damage to the digital asset market. Despite Governor Ron DeSantis’s rhetoric that the restriction safeguards against government overreach and corporate surveillance, legal academics believe the bill fails
The privacy-enabled Canton Network allows previously siloed systems in finance to be interoperable and synchronized in previously impossible ways, unlocking new efficiencies and innovation. Firms including BNP Paribas, Deutsche Börse Group, EquiLend, and Goldman Sachs, among others, already use Canton; industry partners include Capgemini, Deloitte, IntellectEU, Microsoft, and Umbrage. NEW
The North Carolina House of Representatives has passed a bill, “HB690,” that prohibits individuals from using central bank digital currencies (CBDCs) to make payments to the state. The legislation also prohibits the Federal Reserve from using North Carolina as a potential testing ground for its own CBDC pilot. The bill
According to Florida Governor Ron DeSantis, a digital dollar issued by the Federal Reserve would be a danger to financial independence in the United States, in light of the recent FedNow announcement. The probable presidential candidate of 2024 claims that the government may use a CBDC for evil purposes, including
Montenegro’s Prime Minister Dritran Abazonic has stated that the country’s central bank would be working with Ripple to create a central bank digital currency (CBDC). While in Davos, Switzerland for the World Economic Forum, the country’s Prime Minister allegedly met with Ripple CEO Brad Garlinghouse and Vice President James Wallis.
Chinese police in the Mongolian city of Tonglio have reported the arrest of 63 persons. For their role in a $1.7 billion cryptocurrency money laundering scheme that used the Tether stablecoin. According to the official statement released by law enforcement. The probe was initiated when a local bank saw a
Michael Saylor thinks Bitcoin is also superior than gold and real estate. MicroStrategy and its subsidiaries now have almost 130,000 BTC in their possession. Michael Saylor, the founder of MicroStrategy and Bitcoin maximalist, stated that CBDCs are unstable and doomed to fail. Bitcoin is superior, he says, because of its
