Eurosystem Centre will examine various cryptographic options and evaluate them. The BIS Innovation Hub’s Hong Kong Centre will engage with the UNFCCC. BIS is launching a cryptocurrency market intelligence portal as part of the Eurosystem Centre initiative. Traditional and crypto payments are being targeted by a new set of BIS
It is conceivable to prevent the digital euro from being used as an investment option. Panetta said it would take years until the majority of Europeans own the digital euro. Member of the European Central Bank‘s Executive Board Fabio Panetta cautioned that a digital euro might convert a considerable percentage
Swiss Web3 payment startup DePay announced today their official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants. DePay’s multichain Web3 payments will unlock the ability for merchants to receive any preferred tokens with blockchain-based asset conversion of incoming
Many Central Bank Digital Currency (CBDC) initiatives will be under supervision. Ripple has attempted to enter the Indian market before. Blockchain Company Ripple is planning to create an office in the Indian city of Bengaluru. Ripple advertised a new position in Bengaluru: Senior Project Manager, Central Banks in the city.
Russian central bank had initially planned to begin the digital ruble pilot. Digital ruble wallets were established using mobile applications. Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the ruble’s digital counterpart, Forbes reported in Russian, citing CBR First Deputy
Morgan Stanley puts forth their views on crypto regulations. New legislation upon cryptocurrency raises speculations. The U.S may soon come out with its own CBDC. One thing which completely confuses the entire crypto market of any nation, is the frequently changing rules and regulations being imposed on them. Indeed, such
PayPal’s vice president made the announcement at the World Economic Forum on May 23 that the company is going all-in on crypto. The world’s largest payment processor is making every effort to integrate crypto services into its system. Possible Stablecoin and Digital Wallet At the World Economic Forum, Vice President
Tech industry contributes 9.3% to the US economy. 33257 Bitcoin (BTC) ATMs are installed in the nation. The United States is the largest base for numerous tech companies, making the nation the giant tech base. As per the report from CompTIA, an American trade association, the US tech industry raised
Kashif Raza thrashes India based crypto exchanges. Determines will only result in losses for the youth. Ridicules abruptly on comparing with Indian online games. The Indian crypto currency industry has come up a long way so far. From initially planning to ban crypto for the nation to the nation coming
The legislation proposal to merge Bitcoin and other Cryptocurrencies into the country’s institutional framework will provide protection for people to invest with digital assets. And the legislation has 110 policy goals announced by Yoon Seok-youl, the new president of South Korea. South Korea’s new leadership will complete the legal framework
