Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. Go to Source Powered by WPeMatico
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Mt. Gox creditors may receive nothing if they fail to vote by Friday
“I just want my coins back. I’m tired of how long and drawn out it is,” said one user claiming to be one of the 24,000 Mt. Gox creditors. Go to Source Powered by WPeMatico
Liquid network block production resumes following transaction processing issues
Pending Liquid transactions had been queued in the mempool for roughly 22 hours after the network reported an issue which caused “block signer nodes failing to validate certain parameters against each other.” Go to Source Powered by WPeMatico
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos Joins Race to Develop Digital … Read more
Global CBDC bridge needs public and private cooperation, says BIS
Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report. Go to Source Powered by WPeMatico
Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
Like other large-cap legacy altcoins, XRP is stuck in a rut, and data suggests investors are content just to sit and watch. Go to Source Powered by WPeMatico
SBI reportedly looks to launch crypto fund in Japan by December
An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first. Go to Source Powered by WPeMatico
MUFG boosts its crypto exposure following $41M Zipmex funding round
Thailand’s Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex. Go to Source Powered by WPeMatico
Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Go to Source Powered by WPeMatico
Japanese financial regulator considers imposing stricter crypto rules
The new regulation will be designed to provide better protection to Japanese investors. Go to Source Powered by WPeMatico