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Shenzhen, China, Prepares Fresh CBDC Giveaway


Shenzhen, China, is readying a new digital yuan giveaway as the city looks to showcase the CBDC at a range of upcoming sporting events. Per Shanghai Securities News, the city is set to hand out e-CNY tokens to some 50,000 citizens as part of its latest adoption drive. The coins will...

Bank of Russia Governor Elvira Nabiullina: ‘Cash Is Not Going Away’


Elvira Nabiullina, Governor of the Bank of Russia, talked about the future of cash in the context of the digital ruble pilot currently being executed in the country. Nabiullina explained that physical money was not disappearing and that the future implementation of the digital ruble was directed...

CoinPlay (Happy Gambling): Best Sports Betting & Crypto Casino


Coinplay Casino is the best place for sports betting and all casino games. Coinplay has entered the iGaming scene for the first time in the year 2022. This brand is operated by Envision Digital N.V.,  a company licensed in Curaçao. … Continued The post CoinPlay (Happy Gambling): Best Sports...

Russian Central Bank: Digital Ruble ‘Doesn’t Use Biometric Data’


The Russian Central Bank says that its CBDC, the digital ruble, “has nothing to do with” state efforts to collect biometric data. The bank began piloting its CBDC just over a month ago in 11 cities nationwide. Russian MPs last year voted in a law that allows banks and state agencies to collect...

Kazakhstan Sets Up National Payment Corporation To Lead CBDC Efforts


The National Bank of Kazakhstan (NBK) has unveiled the National Payment Corporation (NPC), a body charged with the implementation of digital financial infrastructure and the digital tenge. According to an official press release on Sept 15, the NPC will oversee efforts at rolling out the county’s...

AX1 Unveils Comprehensive Research on the Web3 Landscape


PRESS RELEASE. In a rapidly evolving digital landscape, the crypto industry stands as a beacon of innovation and opportunities. AX1 takes a deep dive into this dynamic world, focusing on the pivotal role of Trust Wallet in the DeFi and DEX sectors. The research offers a rounded perspective on...

Chinese Central Bank Updates Digital Yuan App – Here’s the Latest


The Chinese central bank has updated its digital yuan app, adding new CBDC-powered features, “service” options, and utilities bill payment functions. The central People’s Bank of China (PBoC) released its mobile app in early 2022. It followed up with a major update at the end of last year. Per...

Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers


Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...

Mark Cuban’s Crypto Wallet Hacked, $870,000 Lost


Hackers have apparently compromised a wallet belonging to billionaire investor Mark Cuban, stealing a number of cryptocurrencies. The owner of the Dallas Mavericks NBA team, who confirmed the breach, has been able to transfer the remaining digital funds to U.S. crypto exchange Coinbase. Mark...

Another 2 Binance US Executives Leave Crypto Exchange, Report


Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...

Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services


Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one...

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