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Nalezeno "Digitál": 5197

NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

16.10.2023
Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility

UAE Government Unveils White Paper Focused on Metaverse Regulation

15.10.2023
The United Arab Emirates government recently announced the unveiling of a white paper which underscores the potential of the metaverse but also the areas “where the global community must strengthen its preparedness.” Globally Accepted Standards The United Arab Emirates government...

California Gov. Newsom greenlights crypto regulation bill for 2025

15.10.2023
The bill will mandate crypto firms to uphold financial records and allow regulators to conduct audits on these entities

Moscow Exchange Plans to Issue Real Estate Digital Assets by 2024

14.10.2023
The Moscow Exchange, the largest exchange in Russia, has announced plans to issue real estate digital assets in 2024. According to Sergei Kharinov, director of digital assets for the platform, this will lower the entry barrier for qualified and unqualified investors to put part of their portfolio...

India’s Central Bank RBI Launches CBDC Pilot in Call Money Market

14.10.2023
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale...

Mastercard Demonstrates New Solution for CBDC Tokenization

14.10.2023
Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increased security and ease.” A Mastercard...

China Opens Digital Yuan Park in Shenzhen

14.10.2023
Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen...

Despite Nay-Sayers, “Digital Assets Industry is Here to Stay”: The Bahamas Prime Minister

13.10.2023
Bahamian Prime Minister Philip Davis says that the island nation will continue to maintain its pioneering role in the digital asset space and stressed on the importance of innovation to adapt emerging trends in fintech and decentralized finance (DeFi) advancements. The pro-crypto leader emphasized...

China's FX Minister Suggests CBDC Programmability for Macroeconomic Management

13.10.2023
An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) to bolster the effectiveness of monetary policy tools. China, alongside several other nations, is diligently working...

"I am being used as a scapegoat," Former Voyager CEO Responds to CFTC Lawsuit

13.10.2023
U.S. regulators have initiated legal actions against former Voyager Digital CEO and co-founder, Steve Ehrlich, accusing him of engaging in fraudulent activities and deliberately misrepresenting the level of government protections afforded to his customers. ... Read More: "I am being used as...

Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner

13.10.2023
CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO Stephen Ehrlich

JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade

13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...

Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services

13.10.2023
The Chinese tech titan Tencent, the WeChat operator, will launch a digital yuan smart contract offering for small and medium-sized enterprises (SMEs). The move comes weeks after the firm announced it would join a central bank-led e-CNY and global CBDC interoperability pilot. Per the Securities...

Voyager Ex-CEO Charged by U.S. Regulators With Fraud, Making False Claims

12.10.2023
U.S. regulators have targeted former Voyager Digital CEO Stephen Ehrlich with lawsuits claiming he engaged in fraud and deliberately misrepresented his customers’ government protections

Japanese Firms to Use Digital Currency for Clean Energy Certificate Settlements

12.10.2023
A consortium of Japanese firms is set to launch a yen-based digital currency, "DCJPY," by July 2024, that will be used in transaction and settlement of clean energy certificates. Cryptocurrency exchange DeCurret revealed the issuance of a new digital currency today that will be used by various...

China’s Shenzhen Launches Digital Yuan Industrial Park

12.10.2023
A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.” Per the Shanghai Securities News and the Securities Times, the Southeastern city of Shenzhen held an “official launching ceremony” for its “first digital yuan industrial park” on the morning of October 11. The...

Bank of Ghana Launches Hackathon to Explore Various Use Cases of CBDC

12.10.2023
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with outstanding solutions are recognized. Addressing...