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Search Results for: cbdc

WBS Dubai: Crafting Tomorrow’s Digital Landscape

The 26th global edition of the World Blockchain Summit, held in Dubai, recently concluded as a resounding success leaving the attendees with enthusiasm and excitement for the future of blockchain in the Middle East and North Africa (MENA) region. Held at the Address Dubai Marina on 1st and 2nd November

November 8, 2023 5 mins read

Ripple partners with Onafriq to power digital asset-enabled cross-border payments between Africa and the rest of the world

Partnership will enhance speed and efficiency of payments between the Middle East, the UK, Australia and Africa LONDON & JOHANNESBURG & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, and leading payments fintech Onafriq, previously MFS Africa, announced today that they are partnering to facilitate

November 8, 2023 7 mins read

Klaytn Foundation, PT Pelayaran Korindo, and NEOPIN to Jointly Advance RWA Tokenization

Klaytn Foundation, established to expand the business of Klaytn, South Korea’s leading global Layer 1 blockchain platform, has signed a memorandum of understanding (MOU) with PT PELAYARAN KORINDO, a multinational conglomerate based in Indonesia, and NEOPIN, a global CeDeFi protocol, to advance Real World Asset (RWA) tokenization. Through their joint

November 8, 2023 5 mins read

South Korea’s Crypto Market Surges with Altcoin Dominance

South Korea has solidified its position as a crypto trading hotspot, with local exchanges surpassing global competitors in trading volume. A recent report from DeSpread Research sheds light on the country’s crypto passion, showcasing a strong preference for altcoins and local tokens among Korean investors. According to the report, the

October 27, 2023 2 mins read

WOW Summit Dubai 2023: A Massive Success Shaping the Future of Blockchain Technology

WOW Summit Dubai 2023, the World of WEB3 Summit, recently concluded with resounding success at the opulent Atlantis the Royal in Dubai. This remarkable event showcased an extraordinary lineup of speakers and esteemed sponsors, leaving an indelible mark on the world of blockchain and Web3 technology. Ivan Ivanov, Global CEO

October 24, 2023 7 mins read

European Union Embraces New Crypto Regulations for Tax Reporting

The crypto community witnessed the official adoption by European Union finance ministers of new guidelines allowing for the sharing of information between tax agencies about individuals’ crypto holdings. The paper will be published in the Official Journal of the European Union and will become effective 20 days later. EU member

October 18, 2023 2 mins read

OpenAI CEO Criticizes US Government’s Approach Towards Cryptocurrencies

In light of the United States government’s unfavorable position against Bitcoin and cryptocurrencies, OpenAI CEO and creator of the famous ChatGPT app Sam Altman has voiced his dismay and profound conce­rn publicly. According to Altman, this persistent stance reflects a government’s desire to assert control over a global currency that

October 8, 2023 1 min read

Uzbekistan Cracks Down on Crypto Mining With New Licensing Framework

With the approval of a framework for licensing crypto mining activities by the country’s crypto market regulator, crypto mining in Uzbekistan is about to undergo significant change. The National Agency for Perspective Projects (NAPP) in Uzbekistan has issued a rule requiring licensing for crypto mining operations. Thus restricting crypto mining

October 4, 2023 1 min read

Brazil Embraces Blockchain for Enhanced Digital Identity Verification

Brazil and Buenos Aires are leading the way into a new age of digital identity verification as countries across the world struggle with demands for more secure identification systems. Both jurisdictions have adopted blockchain technology in an effort to provide their residents with safer, more reliable, and more streamlined services.

October 1, 2023 2 mins read

Digital Yuan Wallets Now Accept Visa and Mastercard for Tourist

As China updates the smartphone app powering its CBDC trial, visitors to the People’s Republic of China may now preload their digital yuan wallets using Visa and Mastercard payment methods. The e-CNY app, currently under beta testing, may be downloaded from the Apple App Store or the Google Play Store

September 26, 2023 1 min read