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SWIFT CBDC Interlinking Solution Enters Beta Testing

15.9.2023
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that three central banks are already testing this...

MobileCoin Appoints New CEO for Global Expansion of Crypto Payments

14.9.2023
MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.  According to the press release, Drakeley's appointment emphasizes the company's plans to "amplify...

Onecoin Co-founder Karl Sebastian Greenwood Sentenced to 20 Years in Prison

14.9.2023
One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen...

India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index

14.9.2023
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the...

Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network

13.9.2023
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in...

Biggest Movers: BCH 6% Higher, as Price Nears $200 Level

12.9.2023
Bitcoin cash was one of Tuesday’s biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged...

Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation

12.9.2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged...

Biggest Movers: SHIB Plunges to Multi-Month Low on Monday

11.9.2023
Shiba inu started the week by dropping to its lowest point since June, as a red wave swept through cryptocurrency markets. This has pushed the global market cap 1.20% lower at the time of writing. XRP fell by as much as 5%, as Ripple’s battle with the Securities and Exchange Commission (SEC)...

G20 Leaders strive for a new Global Crypto Reporting System

11.9.2023
The latest G20 Summit has brought news for the crypto domain as well. The top 20 most influential economies are pushing for a global crypto framework. The G20 leaders shared their stance on the subject recently in New Delhi. The leaders are asking for a quick roll-out of a cross-border framework....

G20 Leaders Endorse FSB Recommendations for Crypto Regulation

11.9.2023
The G20 leaders have released their declaration following their summit in New Delhi. They endorsed the Financial Stability Board’s “high-level recommendations for the regulation, supervision, and oversight of crypto-assets activities and markets and of global stablecoin arrangements” and welcomed...

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