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PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day
17.2.2022
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s...
Bitcoin miners selling stock and BTC as returns halve since November
17.2.2022
Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November and revenue has fallen even further due to increased competition
Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions
17.2.2022
Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC).
As reported, a large range of “hard” wallets – which require no permanent internet connection...
Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency Adoption
17.2.2022
Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design...
Bank of Russia Reports First Successful Digital Ruble Transfers Between Users
16.2.2022
Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens...
New York Stock Exchange Files Trademark for Offering Trading Services in the Metaverse
16.2.2022
The New York Stock Exchange (NYSE) has registered a trademark application to offer digital currency and NFT trading services in the metaverse. The application, filed on February 10th, constitutes the first foray of the company into the concept of the metaverse. The organization might be competing...
Fireblocks acquires stablecoin payments platform First Digital
16.2.2022
Fireblocks CEO Michael Shaulov said his company wants to “help every business become a crypto business,” referring to their ability to accept digital payments
Pokémon Bank Will Survive Nintendo's eShop Shutdown
16.2.2022
Nintendo’s decision to shutter the Nintendo 3DS and Wii U eShops doesn’t only impact games, but other things like Pokémon Bank. While it might become impossible to play certain games, the Pokémon app will live on—but not forever. Read more
Here’s how much digital yuan used at Olympics, according to PBoC
16.2.2022
Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
Trudeau Invokes Emergencies Act to End Freedom Convoy Protests — Canada’s Terrorist Financing Rules Now Cover Crypto
15.2.2022
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financing rules is also broadened to cover crowdfunding platforms and “all forms...
JPMorgan on Metaverse, Digital Ruble Trial, Binance Chain Rebrands + More News
15.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: JPMorgan on Metaverse, Digital Ruble Trial, Binance Chain Rebrands + More News
Panther Protocol CTO Anish Mohammed Explains How to Infuse DeFi With Privacy
15.2.2022
Panther is an end-to-end privacy protocol for DeFi. Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARK technology. Anish Mohammed is a Co-founder and CTO at Panther Protocol. He recently joined the Bitcoin.com...
Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban
15.2.2022
The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption
ECB Chief Lagarde Says Digital Euro Will Not Replace Cash — But Could Offer Convenient, Cost-Free Means of Payment
15.2.2022
The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about how to pay and make it easier to do so, contributing to accessibility and inclusion,”...
BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low
14.2.2022
While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
14.2.2022
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation
Sanctions and trade: Iran aims to develop a central bank digital currency
14.2.2022
While the central bank announced its intention to launch a CBDC, exact details are still scarce
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan
14.2.2022
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian...
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year
14.2.2022
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief...