Ripple Joins Mastercard’s CBDC Partner Program
Mastercard is currently working on a CBDC project. On this account, the digital payment company is working in tandem with Ripple Labs and other third...
Russian Banking Giant to Start CBDC Testing This Month
The Bank of Russia (BoR) has announced the start of CBDC trails starting 15th August. The bank has created a network of 13 banks under...
Central Bank of Brazil Unveils Name and Logo of CBDC
Brazil joined a select few countries whose central bank digital currency (CBDC) project entered an advanced phase. The country unveiled the CBDC name as DREX...
Ripple Optimistic Blockchain Potential to Save Financial Entities $10B by 2030
A recent report reveals that by 2030, Blockchain will be capable of saving financial institutions an estimated $10 billion in cross-border payments. Ripple Global Survey...
Ripple to Make Significant Regulatory Changes Following Partial Win in SEC Lawsuit
Ripple has received a green light from the court concerning the illegal securities allegation of its native token XRP. However, the firm is now making...
Indonesia Launches National Cryptocurrency Exchange and Clearing House
The government of Indonesia has recently inaugurated a new cryptocurrency exchange and clearing house. The state has maintained that it is taking the step to...
Russia’s CBDC Project Gains Momentum as Parliament Pass Digital Ruble Bill
The law will now shift to the Russian Federal Assembly’s upper chamber. If ratified, it will move to the president’s desk. The digital rule, which...
International Monetary Fund (IMF) Urges Reforms to Shield Marshall Islands From Crypto Economy
The IMF believes that a nation with ‘capacity constraints’ and lacking a central bank should not enter the crypto economy. Annual talks between the Republic...
BISIH Supports CBDCs Though Critical to Cryptos in Open Letter to G20 Ministers
The Bank for International Settlements Innovation Hub (BISIH) penned an open letter to the G20 ministers. The letter captures the bank's findings addressed to the...
International Monetary Fund (IMF) Admits Cryptocurrency Bans are Ineffective
Currently, the IMF claims banning cryptos might not be the most effective strategy following claims that nations need to consider it. The IMF is altering...