Cryptocurrency Analysis and News Portal
The Federal Reserve Bank of New York’s Innovation Center (NYIC) has completed its proof of concept of a regulated liability network (RLN) in conjunction with nine large financial institutions and the Swift network. The project created theoretical infrastructure to exchange and settle commercial bank deposit tokens and central bank liabilities
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Over the past few years, there has been a notable increase in the inclusion of cryptocurrencies in the portfolios of financial institutions. Cryptocurrencies are the foremost digital assets to be incorporated into investment portfolios by asset managers. While they share some similarities with conventional assets, they possess unique characteristics that
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Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s Democratic Republic Payment Systems Department on the launch of a proof-of-concept project for a Laotian central bank digital currency (CBDC). Under the agreement, a digital form of the Lao
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The company displays a range of eco-friendly products, emphasizing its vision of committing to “bring new products, technologies, investments and set up new facilities in India.”Japanese multinational corporation Suzuki Motor Corporation’s Indian Unit has unveiled a concept electric SUV called ‘eVX.” The company announced the new EV at the Auto
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