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Hong Kong and UAE to Coordinate Cross-border Trade Settlements and Crypto Regulations

Stephen Causby May 30, 2023 0 Comments

Hong Kong central bank confirms in its latest statement entering financial cooperation with its United Arab Emirates counterpart. The cooperation…

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European Commission to Present Legislative Proposal for Digital Euro in June

Hassan Mehmood (Saudi Arabia) May 29, 2023 0 Comments

European Central Bank (ECB) has been working on the legislative proposals for CBDC. To this end, the latest update has…

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Brazil’s CBDC Pilot Program To Include VISA And Mastercard

Bradley Nelson May 26, 2023 0 Comments

Brazil is poised to join the League of Nations, which has conducted a pilot test of its central bank digital…

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Rep. Tom Emmer Asserts Democrats Secretly Endorsing CBDC Bill

Stephen Causby May 25, 2023 0 Comments

Tom Emmer acknowledged the active debate pitting regulators, lawmakers, and President Biden’s administration as the determinants of the present crypto…

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Canvas Uses Australian CBDC To Execute A Foreign Exchange Transaction

Mubashar Nawaz (United Arab Emirates) May 21, 2023 0 Comments

Worldwide finance is continuously evolving in the digital space. Simultaneously, the latest crypto products are witnessing a great rise along…

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Blockchain Startup Canvas Completes First eAUD Transaction

Bradley Nelson May 20, 2023 0 Comments

Central bank digital currency (CBDC) is gaining traction as new cryptocurrencies emerge in the rapidly evolving financial ecosystem. Accordingly, Australia…

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Ripple Launching Proprietary Platform to Facilitate Issuance of CBDCs

Stephen Causby May 18, 2023 0 Comments

Ripple is set to roll out a unique platform to facilitate the issuance of central bank digital currencies (CBDCs). The…

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Samsung Partners with Bank of Korea to Research on Offline CBDC Payment

Kimberly Crain May 16, 2023 0 Comments

On Monday the Bank of Korea signed a partnership agreement with the tech giant Samsung to conduct extensive research on…

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Crypto Cracks under Pressure: Binance Exits Canada, CBDCs Banned, Fraud Accusations, Bitcoin Plummets

Curtis Dye May 14, 2023 0 Comments

Key Insights: The cryptocurrency industry faces unprecedented challenges from regulatory crackdowns & market volatility. Binance pulls out of Canada due…

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This Week in Crypto – BTC and ETH Remain Steady After Fed’s Rate Hike

Andrew Richard May 7, 2023 0 Comments

After growing massively the previous weekend, the two leading crypto assets, Bitcoin and Ethereum, did not see any significant price…

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North Carolina Becomes the Latest State After Florida to Pass Anti-CBDC Legislation

Hassan Mehmood (Saudi Arabia) May 4, 2023 0 Comments

North Carolina has joined the list of US states that have passed anti-CBDC legislation recently. The lawmakers in North Carolina…

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EU Brace Up For Final Vote On MiCA Regulation

Bradley Nelson Apr 13, 2023 0 Comments

The European Union (EU) bloc is set to become the first jurisdiction to have comprehensive regulations for the crypto industry.…

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G7 will Help Developing Countries to Introduce CBDCs

Hassan Mehmood (Saudi Arabia) Apr 12, 2023 0 Comments

Crypto is among the key objectives for discussion for the next G7 agenda. However, summit organizers have maintained that they…

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Montenegro Teams Up With Ripple To Boost CBDC Development

Bradley Nelson Apr 11, 2023 0 Comments

In pursuit of its central bank digital currency (CBDC) goal, the Central Bank of Montenegro has signed an agreement with…

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India Targets 1 Million CBDC Users in 3 Months, Prioritizes Offline Transfers

Stephen Causby Apr 6, 2023 0 Comments

The architects behind the release of retail-oriented central bank digital currency (CBDC-R) unveiled revised plans to scale the digital rupee…

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Florida’s Governor Proposes New Legislation to Ban CBDCs

Hassan Mehmood (Saudi Arabia) Apr 2, 2023 0 Comments

The governor of Florida, Ron DeSantis, has recently called for a ban against the CBDCs project issued by the Federal…