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Settlements With China — Russia Plans Next Step for Digital Ruble


Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine...

Dollar Rises Against Indian Rupee and Six Other Peers


The rupee is not exactly in freefall, but the bearish series does show that the Rupee is sliding down every day. To be precise, the Indian currency has crossed ₹81 against the US Dollar to touch the mark of ₹81.54. This is the third straight session in which the national currency has gone down....

Russia Starts Developing Mechanism for International Crypto Payments


Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments....

Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina


Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in its app, which will be interoperable with other platforms already using this method...

Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance


Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens...

CSS Checkerboard Background… But With Rounded Corners and Hover Styles


On one hand, creating simple checkered backgrounds with CSS is easy. On the other hand, though, unless we are one of the CSS-gradient-ninjas, we are kind of stuck with basic patterns. At least that’s what I thought while staring at … CSS Checkerboard Background… But With Rounded...

FTX Builds $1 billion War Chest to Buy up Distressed Crypto and other Assets


CEO and co-founder of major cryptocurrency exchange FTX Sam Bankman-Fried (SBF) has revealed that the company has built an estimated $1 billion war chest to continue deploying capital in order to bail out distressed crypto firms and buy their assets. ... Read More: FTX Builds $1 billion War Chest...

Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups


Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...

ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro


The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to focus on e-commerce payments. ECB Collaborates With 5 Companies...

USM.World Partners With BNBChain and 10 Other DeFi Protocols


Creating a Web3.0 where control, security, wealth, and information are once more in the hands of the communities, and the individuals are dependent on working with top standards. The anonymity, decentralization, and community tenets underpin the bitcoin market will restore economic equilibrium....

HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future


Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says...

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