Central African Republic to launch official crypto hub ‘Sango’
The Central African Republic prepares to launch its first major crypto hub shortly after the National Assembly adopted Bitcoin as legal tender. Go to Source Powered by WPeMatico
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SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection
SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments to ensure that the new set of CBDCs have cross-border payments and remittance capabilities. … Read more
Meta trademark filing hints at plans for crypto payments platform
The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay. Go to Source Powered by WPeMatico
Two credit card firms in Israel to let cardholders buy Bitcoin
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card. Go to Source Powered by WPeMatico
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a … Read more
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
Chief financial officer André Milanez said that the product will launch within the next si months. Go to Source Powered by WPeMatico
CBDC activity heats up, but few projects move beyond pilot stage
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow. Go to Source Powered by WPeMatico
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank of Israel Releases Results From Consultations on Digital Shekel Project … Read more
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’
The ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency. Go to Source Powered by WPeMatico
Rising global adoption positions crypto perfectly for use in retail
As more and more people continue to invest in digital currencies, experts believe the coming few years will see crypto making an even larger impact on the retail sector. Go to Source Powered by WPeMatico