Tuesday, June 22, 2021

Blockchain

China debuts its first blockchain-powered digital yuan transactions in the Xiong’an New Area.

China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments through digital yuan. According to the official website of the Xiong'an...

Fitch Ratings claim CBDCs could disrupt the current financial systems.

In its latest report, Fitch Ratings looked into how central bank digital currencies could impact the global financial system, including giving governments a new way...

US SEC to file a response to Ripple’s Individual Motions to Dismiss.

In the latest Ripple and SEC lawsuit development, the U.S. Securities and Exchange Commission plans to file a response to Individual Motions to Dismiss....

Dubai’s economic department to expand its blockchain-powered KYC tools to financial institutions.

Dubai government has announced that it will be expanding its blockchain-powered Know-Your-Customer tool for financial institutions. The Department of Economic Development, better known as...

South Korea to launch blockchain-supported COVID-19 vaccination passport.

South Korea has announced the launch of a COVID-19 vaccination passport powered by blockchain technology. The passport will roll out later this month to...

Famous American football player Tom Brady is launching his own NFT platform

Six-time Super Bowl champion Tom Brady is backing a new major development in the nonfungible token industry by launching his own NFT platform. The...

Justin Sun buys a Picasso painting for $20 million to tokenize on JUST NFT fund.

Justin Sun, the founder of one of the largest blockchain-based projects, TRON, and the CEO of BitTorrent, has bought Picasso's "Femme nue couchée au...

Banks for International Settlements calls for cooperation from central banks on CBDCs.

The Bank for International Settlements (BIS) has published a new document on March 31 offering Central Bank Digital Currencies (CBDC) suggestions. Titled "Central Bank Digital Currencies:...

imToken raised $30 million in a Series B funding round.

Cryptocurrency services provider imToken announced that the company raised $30 million in a Series B funding round to accelerate the development of its next...

Hong Kong to explore a general purpose central bank digital currency.

The Hong Kong Monetary Authority (HKMA) deputy chief Howard Lee disclosed that Hong Kong is set to explore a general purpose central bank digital...

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