The BOE launched a call for applications on the UK’s Digital Marketplace on Dec. 9. The proof-of-concept wallet just needed basic features including a registration procedure, a mechanism to change data, and a way to show balances, transactions, and alerts.…
The BIS Innovation Hub’s 2022 work plan includes a project on central bank digital currencies (CBDCs) and Decentralized Finance (DeFi) protocols. Project Mariana examines automated market makers (AMM) for Swiss franc, Euro, and Singapore dollar wholesale CBDCs. It also examines…
Just days after Binance CEO Changpeng “CZ” Zhao warned of more regulatory scrutiny in the aftermath of the FTX crash, Hong Kong’s Financial Secretary urged for a greater emphasis on openness and adequate supervision when dealing with virtual assets. Financial…
Four pilot projects will test how consumers, businesses, and the government use a digital Singapore dollar to make and receive payments in 2022. According to a Monday central bank statement, DBS Bank, Grab, OCBC Bank, and UOB are conducting the…
On Wednesday, 21.co’s affiliate 21Shares AG registered the Middle East’s first physically-backed bitcoin ETP on Nasdaq Dubai. 21.co said that the 21Shares Bitcoin ETP in Europe trades under the ticker ABTC. Dubai wants to become a worldwide cryptocurrency centre, and…
The collaboration with Japanese blockchain business Double Jump Tokyo will result in a new Sangokushi Taisen game, according to 4Gamer. Sangokushi Taisen is a Japanese real-time strategy game where players acquire actual cards to put on the playing field. The…
Last week’s Merge event lowered Ethereum’s carbon footprint by 99%. Long-term Ether (ETH) staking investors might earn 4%-8%, while J.P. Morgan analysts expect PoS blockchain staking returns to triple to $40 billion by 2025. Staking crypto assets produces transaction fees…
According to a new analysis from the Ethereum Enterprise Alliance (EEA), the Ethereum ecosystem has evolved to the point where companies may utilise the network to address real-world issues. The paper highlights how the Ethereum network has developed to become…
China has launched the second phase of its pilot test programme for its central bank digital currency (CBDC). It is a first in China that the city of Guangzhou accepts the digital yuan (e-CNY) CBDC for bus fare on 10…
BlackRock has developed a spot Bitcoin private trust to provide institutional customers in the United States with direct exposure to the world’s most popular cryptocurrency. Despite recent market volatility, the business claimed it is still experiencing “substantial interest” from some…