Month: July 2024

Bahamas to Mandate Banks to Distribute Central Bank Digital Currency

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The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle indicated that these regulations would be implemented within two years. “We’ve begun to signal that to our … Read more

Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin

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Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with the release of a new app, new functions, and support for more cryptocurrency assets. Sonny Group to Dabble … Read more

JPMorgan: Ant International Processes Billions of Dollars Using JPM Coin

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A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of Ant Group, which owns and operates Alipay. The report emphasizes plans for client-hosted blockchain nodes, currently controlled by JPMorgan, to increase decentralization and direct client connectivity. JPMorgan Explores Programmable Banking and Payments With JPM Coin … Read more

BlockDAG vs. Fantom & Floki: Which Crypto Leads the 2024 Surge?

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From Underdog to Unicorn: How BlockDAG’s 1300% Hike Since Batch 1 Beats Fantom’s Price Prediction & Floki’s Surge   In today’s crypto market, it’s crucial to spot potential winners. Despite the broader market’s ups and downs, Fantom shows promising stability and potential for growth. Floki, too, has made impressive strides, boosted by new tech developments that … Read more