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“# Bank of Jamaica mints the first batch of national digital currency ” Jamaica is aggressively progressing with the country’s central bank digital currency (CBDC) as the Bank of Jamaica, or BOJ, has minted the country’s first batch of CBDC. The BOJ officially announced that its dedicated CBDC division demonstrated the process of minting digital…
“# NFTs are next for enterprise Ethereum, says ConsenSys founder Joe Lubin ” Nonfungible tokens, or NFTs, are known by the mainstream as digital assets that represent real-world objects such as art, music and fashion, among others. Yet, while most of the world may be enamored by the high selling prices of NFTs launched by…
“# Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream? ” Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically…
“# NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne ” Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host Lavinia Osbourne. Though the ongoing pandemic has left people…
“# Mastercard chooses 7 crypto startups for Start Path accelerator ” International payment giant Mastercard continues focusing on the digital asset industry by welcoming a batch of major cryptocurrency startups in its fintech accelerator. The company announced Tuesday a new startup engagement program as part of Mastercard Start Path, an accelerator program for fintech startups,…
“# South Korean Shinhan Bank joins Klaytn’s blockchain governance council ” Shinhan Bank, one of the largest banking institutions in South Korea, has entered into a partnership with Klaytn, a global blockchain platform developed by Kakao subsidiary Ground X. According to a Monday announcement, Shinhan Bank has joined Klaytn’s blockchain governance council, becoming a member…
“# Grayscale adds Cardano to Digital Large Cap Fund after rebalancing ” In a recent development, Grayscale Investments announced an adjustment to its Grayscale Digital Large Cap Fund (OTCQX: GDLC) to include Cardano (ADA) as the third-largest holding. Reflecting the growing demand for crypto investments, the fund’s portfolio was adjusted by selling existing components for…
“# Xapo co-founder gets regulators’ green light for new crypto startup ” The latest project from one of wallet provider Xapo’s co-founders, Federico Murrone, has secured the go-ahead from Liechtenstein’s financial regulator for his new startup Lirium to provide its crypto solution for banks, fintechs and marketplaces worldwide. The project, called Lirium, offers a plug & play backend…
“# Bank of Russia forms first digital ruble testing group ” The central bank of Russia is setting up a group of banking institutions to test its central bank digital currency (CBDC) next year. On Tuesday, the Bank of Russia officially announced the establishment of the first pilot group for testing the digital ruble, bringing together…
“# Singapore’s central bank offers cash prizes for digital currency ideas ” The Monetary Authority of Singapore, the country’s central bank and a major financial regulator, is challenging fintech companies to pitch solutions for a central bank digital currency, or CBDC. On Monday, the central bank officially announced a global challenge that seeks new retail CBDC…