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Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year


Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says...

CBDC Launch ‘May Cost Russian Banks $684m a Year’


Russian commercial banks will lose $684 million a year if the nation’s Central Bank launches a central bank digital currency (CBDC), experts have claimed. The Central Bank vehemently opposes the adoption of what it calls “private cryptocurrencies” such as bitcoin (BTC). But the bank wants...

Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases


Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just launched a long-awaited debit card. The Bit2Me debit card works across the entire Mastercard network, enabling both crypto-stablecoin payments across more than...

Maker Protocol announces the launch of Spark Protocol


Sam MacPherson, the Protocol Engineer at MakerDAO, has announced the launch of its growth-focused arm – Spark Protocol. The first product of Spark Protocol will be Spark Lend. The launch is tentatively scheduled for April 2023, subject to the receipt of approval. Built on Aave V3, Spark Lend...

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