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Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
17.1.2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year....
EU finance ministers’ group releases statement on political aspects of digital euro
16.1.2023
The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
16.1.2023
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about...
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
16.1.2023
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2 million in bank credit notes, which were also...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong
14.1.2023
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s Bitcoin...
DeFi was the most attacked ecosystem in 2022: Finance Redefined
13.1.2023
2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs
What is regenerative finance (ReFi), and how does it impact NFTs and Web3?
13.1.2023
NFT Steez chats with Celo’s NFT lead, Mashiat Mutmainnah, about the promise of ReFi and its capacity to promote environmental and social good
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
12.1.2023
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation...
DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins
11.1.2023
The on-chain funds are directly invested in exchange-traded funds managed by BlackRock and PIMCO
Digital Yuan Pilot Expands into Wealth Management, Securities & Education
11.1.2023
The central People’s Bank of China (PBoC)’s digital yuan is set to expand into the world of wealth management – and has also broken new ground in the field of education.
According to Shanghai Securities News, the Hong Kong Stock Exchange-listed brokerage and investment bank China Galaxy Securities...
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
11.1.2023
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank...
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
11.1.2023
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7%...
Crypto service Tap Global becomes first 2023 listing on UK stock exchange
10.1.2023
The company provides regulated bank accounts and offers crypto purchases through affiliated exchanges
Yearn.finance opens vault deployment access to all users
10.1.2023
“All factory-deployed vaults have no management fees and a flat 10% performance fee,” the DeFi project wrote
DeFi Protocol Yearn Finance Will Let Anyone Create Curve Reward Farms
10.1.2023
Yearn was among the first yield aggregators in the now-mature decentralized finance ecosystem
Ripple exec expects more crypto acquisitions by TradFi in 2023
10.1.2023
Crypto acquisitions in 2023 will further strengthen the industry in the aftermath of casualties like the FTX collapse, a Ripple exec predicted
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022
10.1.2023
Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular investment asset among Chileans, only behind investment funds, which were the most popular investment option, and real...
Yearn Finance delivers Permissionless Vault Factory
10.1.2023
Yearn Finance has just delivered its latest Permissionless Vault Factory. With this help, just about any user will find himself in the position of building a vault. To be correctly utilized, he will be able to make a deposit of his crypto asset, to be able to accrue yield with the help...
Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
10.1.2023
After crypto firms have left the city, the regulator says it’s now moving with the market and industry