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“# New Zealand central bank releases issue paper on digital currency ” The Reserve Bank of New Zealand (RBNZ) published an issue paper providing its perspective on central bank digital currencies (CBDC). The paper outlines CBDC purposes, designs, as well as the potential benefits and associated risks. The bank will be seeking comments on the proposed…
“# Bragging rights: Twitter previews verification badge for NFT profile pics ” Twitter has unveiled an in-development tool that will enable users to display a verified NFT as their profile picture. Mada Aflak, a senior software engineer at Twitter, shared a video demonstrating functionality that allows users to add NFTs to their accounts. Users can…
“# El Salvador president teases geothermal Bitcoin mining farm ” El Salvador’s President Nayib Bukele shared a video showing the apparent progress of the country’s Bitcoin (BTC) mining plant powered by volcanic geothermal energy. The video shows an overview of a power generation facility with technicians enabling crypto mining rigs. First steps… #Bitcoin pic.twitter.com/duhHvmEnym —…
“# Crypto is impossible to destroy, says Tesla CEO Elon Musk ” As global regulators continue to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed support for crypto, calling it undestroyable. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said…
“# Thailand’s tourism authority is considering creating its own utility token ” The Tourism Authority of Thailand (TAT) is considering creating its own utility token to capitalize on the growing popularity of cryptocurrencies. Named after the agency’s acronym, the plan to launch TAT coin will have to navigate through Thailand’s complex legal framework and regulations…
“# 62% of institutions to start investing in crypto within a year: Survey ” Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed. As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect…
“# Europe becomes largest crypto economy with over $1T in transactions — Chainalysis ” The region of central, northern and western Europe, or CNWE, has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the past year, according to new research from blockchain analytics firm Chainalysis. The…
“# Verifone to enable crypto payments at major retailers through BitPay ” Crypto payments are becoming increasingly popular as Bitcoin (BTC) and other digital assets continue to go mainstream. This has become the case for both crypto holders and non-crypto owners who are primarily interested in the concept of using cryptocurrencies for payments. Recent data…
“# Peruvian stablecoin launches on Stellar blockchain ” Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cointelegraph en Español reports. Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed to enable instant transactions across Anclap’s network, including conversions in other fiat…
“# CBDCs could cut cross border remittance costs by half: BIS report ” The Bank for International Settlements (BIS) has published a report touting the benefits of central bank digital currencies (CBDCs), especially in reducing the cost of cross-border payments. According to the report titled: “Inthanon-LionRock to mBridge: Building a multi CBDC platform for international…