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Chinese Banks Bolster Digital Yuan Resources Prior to CBDC Debut


Major Chinese banks are beefing up their digital yuan capacities ahead of the imminent launch of the nation’s central bank digital currency (CBDC). Per the Securities Daily (via East Money), a number of the commercial banks that have already begun working with the central People’s Bank of China...

Tezos Announces Major Upgrade to Improve Network Functionality


Open-source platform Tezos has just announced Edo, its fifth and most ambitious upgrade to its blockchain to date. This upgrade will add the Sapling protocol, tickets, and a new Adoption Period to support future upgrades that improve network functionality. Sapling, Tickets, and a New Adoption...

Ukraine Wants to Bolster its Budget with Nuclear-powered Crypto Mining


The Ukrainian energy ministry is in advanced talks with a domestic crypto mining firm named Hotmine over a proposed deal to allow the company to build mining centers at more of the nation’s nuclear power plants. As reported late last month, the ministry, in conjunction with NAEC Energoatom –...

Ripple Seeks New Hire to Bolster XRP and CBDC Ties


XRP-affiliated American blockchain giant Ripple has posted a job advertisement as it looks to recruit a Senior Director for Central Bank Engagements – the clearest indication yet that the company is planning to increase its focus on central bank digital currency (CBDC)-related initiatives on...

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