DBS Bank China Launches Digital Yuan Merchant Collection Solution


Crypto-friendly bank DBS announced the launch of a digital yuan merchant collection solution for business clients.  The new payment solution will allow mainland Chinese businesses to receive payments in the central bank digital currency (CBDC). The DBS merchant collection platform allows...

India Fosters Global Cross-Border Payments For The Digital Rupee


The Reserve Bank of India (RBI) is on course to expand the frontiers of its Central Bank Digital Currency (CBDC), the “digital rupee” as it negotiates with foreign countries to adopt cross-border payment systems. The bank is currently in talks with its counterpart in at least 18 countries on ways...

U.K. Blazes Trail With New Cryptocurrency Rules


The FCA’s regulations provide greater legal clarity for developers but place additional compliance burdens on companies marketing cryptocurrencies, says Preston Byrne, a partner at Brown Rudnick

Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months


In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...

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