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HSBC Hong Kong advances blockchain with custody, tokenized deposits, bonds via Orion platform. Echo Protocol halts withdrawals after $266M uBTC wallet breach triggers security freeze. Bybit to launch first onchain DEX Byreal on Solana this month. Shopify rolls out USDC payments via MetaMask, powered by Coinbase. Shopify rolls out USDC payments via MetaMask, powered by Coinbase. Brazil imposes 17,5% flat tax on crypto profits, removing exemptions for small investors. SEC appoints ex-Blockchain Com exec Jamie Selway as Director of Trading and Markets. South Korea plans a public hearing on Bitcoin and crypto next Tuesday.
Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.
Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.
The Central Bank of Russian Federation has been developing the country's first central bank digital currency – the Digital Ruble for several years. There have been announcements by authorities that it might be launched soon.
In the latest developments on eNaira, the central bank of Nigeria (CBN) has intensified efforts to push the adoption of eNaira, Nigeria's CBDC, on a nationwide scale.
Bank of Japan is advancing with its CBDC project. The central bank reported on the Phase 2 and moved to the pilot experiments.
Alex HarutunianBank of Japan is advancing with its CBDC project. The central bank reported on the Phase 2 and moved to the pilot experiments.
Alex HarutunianThe Central Bank of Russian Federation has been developing the country's first central bank digital currency – the Digital Ruble for several years. There have been announcements by authorities that it might be launched soon.
Alex HarutunianIn the latest developments on eNaira, the central bank of Nigeria (CBN) has intensified efforts to push the adoption of eNaira, Nigeria's CBDC, on a nationwide scale.
ObserversIn a speech earlier this month, the Deputy Governor of the Bank of England outlined four areas where the tokenization of money is now actively being explored by the United Kingdom’s central bank.
Jack MartinZimbabwe is doubling its bet on the gold-based monetary system by adding more gold coins in circulation and planning digital coins backed by gold.
Alex HarutunianMalaysia's state and private sector organizations advance in blockchain technology projects by actively collaborating with their international counterparts.
Alex HarutunianThe bankers are finally coming around to the fact that blockchain technology is a far more efficient vehicle for the transfer of wealth. So now they’re trying to come up with ways to stop that wealth from transferring away from them.
Jack MartinCash scarcity in Nigeria is crippling local businesses and taking a toll on Nigerians’ daily lives but even amidst all the social chaos the Central Bank Digital Currency, eNaira, isn’t going anywhere.
Observers