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Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments
10.10.2021
Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to regulate its blockchain space and attract investments from the crypto industry....
McDonald's China to give away 188 NFTs on 31st anniversary
10.10.2021
The "Big Mac Rubik's Cube" NFTs will be distributed to Chinese employees and customers by McDonald's China as a part of a giveaway
Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away
10.10.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency which is also known as the e-naira will be the first of...
Edward Snowden Calls CBDCs ‘Cryptofascist Currency’ — ‘Closer to Being a Perversion of Cryptocurrency’
9.10.2021
On October 9, whistleblower and privacy advocate Edward Snowden published an opinion editorial concerning central bank digital currencies (CBDCs) and claimed CBDCs are “the newest danger cresting the public horizon.” Snowden stressed that rather than being an innovation, CBDC’s...
Finance Redefined: MakerDAO goes green and BoA bullish on DeFi, Oct. 1–8
8.10.2021
Mirror opens decentralized blogging to the public, a Bank of America report is bullish on DeFi, and MakerDAO considers climate initiatives
C.R.E.A.M. Finance and Yearn Finance Launch Iron Bank on Fantom
8.10.2021
C.R.E.A.M. and Yearn Finance will now collaborate to develop multi-chain solutions and transition to new networks as a group. C.R.E.A.M. and Yearn extended their partnership in November 2020 to work together and establish the Iron Bank. The Iron Bank is a more versatile version of C.R.E.A.M. v1....
Georgia to Pilot Digital Currency in Retail Commerce Next Year
8.10.2021
The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the blockchain-based version of the national fiat, the Georgian lari, to facilitate retail sales. Georgia to Introduce Digital Lari...
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
8.10.2021
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not...
Nigerians Optimistic CBDC Will Improve Payments and Help Promote Cryptocurrencies
7.10.2021
Nigerians are hopeful the planned central bank digital currency (CBDC), also known as the e-naira, is going to enhance cross-border payments and make it “easier for the naira to be widely used and accepted.” E-Naira Launch a Boon for Cryptos In fact, according to a VOA report, some...
Tracking NFT Users, Mt. Gox Voting, 267 YO Bank Goes Crypto + More News
7.10.2021
kens (NFTs), to leverage Chainalysis products and analytics tools to monitor transactions and "ensure better compliance to regulatory guidelines." Dapper Labs will use Chainalysis’ tools Know You
Russia aims to limit crypto purchases by non-accredited investors
7.10.2021
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases
Coinshares Invests In Swiss Bank As Customers Increasingly Turn To Crypto
7.10.2021
rther said that FlowBank’s association with CoinShares, "further solidifies" the bank's mission to "create a seamless and innovative banking and investment journey for its customers." She added that today, "FlowBank’s clients can invest in CoinShares’ crypto [exchange traded products]."
Bank of America identifies 20 high profile US companies with crypto exposure
6.10.2021
These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America
IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money
6.10.2021
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief executive of the international financial...
Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation
6.10.2021
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry....
Laos partners with Soramitsu on CBDC research as regulated crypto mining begins
6.10.2021
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like
US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients
6.10.2021
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that...
America’s fifth-largest bank launches crypto custody service — Report
5.10.2021
U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive
Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’
5.10.2021
Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,”...
Arab Bank has chosen Tezos to facilitate institutional custody service
5.10.2021
The Switzerland firm is an independent sister company of Arab Bank plc