Mt. Gox Starts Making Repayments in Bitcoin and Bitcoin Cash to Creditors
Defunct crypto exchange Mt. Gox has completed the preparations for their repayments and the firm has now started the process officially. In accordance with the...
North Carolina’s Governor Rejects Anti-CBDC Bill
The governor of North Carolina recently opted to discard the CBDC bill by using his veto power. As per a new report, Governor Roy Cooper...
Asset Tokenization to Become a $2 Trillion Industry, Says McKinsey
The analysts from the consultation, firm McKinsey & Company, claim that the asset tokenization sector has the potential to morph into a $2 trillion industry...
South Korea Classifies NFTs as Virtual Assets
The government of South Korea has decided to grant mass-produced NFTs the legal status of being a virtual asset. It is important to note for...
‘Open-source’ CBDCs Incapable of Protecting You From Government
A review of present initiatives shows that governments seeking to implement central bank digital currencies (CBDCs) reveal plenty of evidence that they plot to abuse...
What is a Central Bank Digital Currency? A Guide to Understanding CBDCs
A Central Bank Digital Currency (CBDC) seeks to take the benefits from blockchain-founded digital currency and merge it with fiat currency under the central bank’s...
Japan and South Korea to Implement Strict Crypto Regulations
Regulators in Asia are not a fan of cryptocurrencies. In the past few months, various nations from the region have taken up an issue with...
Philippines to Introduce Non-Blockchain CBDC After Two Years
The Central Bank of the Philippines is set to launch a new type of CBDC project in the upcoming two years. The monetary authority noted...
Swiss City of Lugano Ushers Multiple Digital Currencies
The city’s finance executive believes that Bitcoins, stablecoins, and central bank digital currencies can coexist in Lugano since they can serve various purposes for users....
Bank of England Admits Unreadiness for Britcoin’s CBDC in the UK
The British policymakers have portrayed their undecided stance on the digital pound - Britcoin. The policymakers dismissed the possibility of the rushed release of the...