Microsoft and VISA Join Brazil’s CBDC Pilot Project
Brazil is part of the BRICS alliance and the region has been working on the development of a wholesale and retail CBDC project for some...
Executives of Australian Exchanges Dismiss Debanking Concerns After Binance’s Partner Withdraws Support
Scores of Australian executives drawn from locally operating crypto exchanges ruled out the existence of industry-wide challenges with payment providers. However, the executives are acknowledging...
China’s Supreme Court Approves Digital Currencies to Settle Debt Payments
China implemented an exodus from its native crypto industry in September 2021. However, the regulators in the nation have continued to introduce more crypto-friendly legislature....
Nigeria Approves National Blockchain Policy to Promote Digital Economic Development
Nigeria is one of the major exporters in the international markets with products like Cocoa beans, Crude Petroleum, and Gas, among others such as special...
IMF Director Issues Warning Regarding Retail CBDCs
International Monetary Fund or IMF director Kristalina Georgieva is concerned about issues connected to retail CBDCs. It is worth noting that CBDCs are digitized forms...
Survey Reveals New Crypto Investors Were Encouraged by Friends to Purchase Crypto in 2022
Cryptocurrencies have become a known method of investing in the world. The United States Financial Industry Regulatory Authority has published a new survey about how...
Why Did Bitcoin as Legal Tender Fail in Central African Republic?
Central African Republic, or CAR region, has undertaken various cryptocurrency projects. One such event is the attempt of the region to adopt Bitcoin as a...
New Report Shows Russia Becomes the Second-Largest Crypto Mining Hub After the US
New data projections concerning the total number of hash rates in the world are pointing to a visible change in the pattern. These projections entail...
Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...
Thousands of Reddit NFTs Go Live on Polygon in Collaboration with Top Artists
The world of NFTs continues to heat up as social platform Reddit launches its latest collection in collaboration with over 100 artists. The NFT market...