Federal High Court of Nigeria approves eNaira CBDC rollout
eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions. Go to Source Powered by WPeMatico
Cryptocurrencies
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IMF recommends CBDC and global crypto standards for financial stability
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption. Go to Source Powered by WPeMatico
Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio
Grayscale’s GDLC Fund now includes Solana and Uniswap at 3.24% and 1.06% respectively after reducing LTC and BCH holdings. Go to Source Powered by WPeMatico
Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities in Uzbekistan Blacklist ‘Unofficial’ Crypto Exchanges The National Agency of Project Management under the … Read more
Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high
Axie Infinity’s price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token. Go to Source Powered by WPeMatico
OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high. Go to Source Powered by WPeMatico
Altcoins take the next leg up after Bitcoin price holds $47.5K
ROSE, AXS and ICX notched 20% gains after bulls took control of the market and sent BTC price above $47,500. Go to Source Powered by WPeMatico
Brazil Stock Exchange wants to provide oracles for digital real
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said. Go to Source Powered by WPeMatico
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines AML and KYC Procedures at Bitbay Bitbay, a leading crypto trading platform in Europe, is now … Read more
Singapore finance authority grants licenses to Independent Reserve and DBS
DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. Go to Source Powered by WPeMatico