Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval
Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high. Go to Source Powered by WPeMatico
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Hosting a CBDC? Only one of Bitcoin, Ethereum or XRP can do it, says report
Not all cryptocurrencies have the attributes desired by central banks for hosting CBDCs. Go to Source Powered by WPeMatico
‘Cryptocurrency is not legitimate money,’ says Nigeria’s central bank governor
Nigeria’s central bank is doubling down on its anti-cryptocurrency stance. Go to Source Powered by WPeMatico
India’s central bank ‘very much in the game‘ with digital currency project
The Reserve Bank of India is getting ready to launch its own central bank digital currency. Go to Source Powered by WPeMatico
Bank of Korea chief says crypto has no intrinsic value, expects volatility
Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project. Go to Source Powered by WPeMatico
Ant-backed MYbank to help China expand digital yuan trial
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot. Go to Source Powered by WPeMatico
Former BoE, BoC Governor Mark Carney joins Stripe board of directors
Mark Carney, one of the most prominent central bankers of the post-financial crisis era, has officially joined the digital payments company. Stripe has all but abandoned cryptocurrency payment solutions for the time being, but its founders are positive about the emerging industry. Go to Source Powered by WPeMatico
The Bahamas gets a card for its sand dollar national digital currency
The Central Bank of The Bahamas partnered with Mastercard and digital payment startup Island Pay to launch a card for its central bank digital currency. Go to Source Powered by WPeMatico
Bitcoin selling at 36% premium in Nigeria
In the wake of the recent ban on Nigerian banks’ servicing of crypto exchanges, Bitcoin’s price in the country has seemingly spun out of control. Go to Source Powered by WPeMatico
Russian mobile carriers consider smartphone integration for digital ruble
Russian wireless service providers MegaFon and Beeline proposed to link digital ruble wallets on smartphones to user’s phone numbers. Go to Source Powered by WPeMatico