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Project Mariana's proof of concept used a hypothetical euro, Singapore dollar and Swiss franc wCBDCs between simulated financial institutions. The project relied on "a common token standard on a public blockchain which facilitates interoperability and seamless exchange of wCBDC across varied local payment and settlement systems maintained by participant central
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“If two people want to transfer value from one country to another country, the level of compliance and verification needed is complex,” said Raj Dhamodharan Head of Crypto and Blockchain at Mastercard. “So how do you identify those wallets, and how do you exchange enough information about the other party?" Original
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Bitcoin donations to Ukrainian NGOs and volunteer groups rose tenfold during 2021, the crypto analytics company said. Original Source
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The Bank of International Settlements (BIS) has released the blueprint of its instant cross-border payments solution dubbed Nexus. The BIS Innovation Hub says the Nexus solution will connect with Instant Payment Systems (IPSs) across nations to offer users superfast cross-border payments. BIS Launching Cross-Border Payments System The proliferation of distributed ledger technology
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Massena, a town in New York along the border with Canada, has placed a temporary suspension on new Bitcoin (BTC) mining operations in the area.According to a report by the Associated Press on Friday, Massena town officials mandated the 90-day moratorium on new Bitcoin mining activities due to aesthetic concerns.Steve
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Men of the Australian Border Force (ABF) has once again proved their undying commitment to keep the Aussie nation clean. The officers, who act as watchdogs overseeing everything that comes in and goes out via the border, scored yet another one for the good guys by apprehending two supposed drug
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A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept.The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late August to late September, per a report published on the CBP’s
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