Cryptocurrency Analysis and News Portal
Global interbank messaging network SWIFT plans to explore how it can support interoperability in the tokenized asset market.SWIFT is planning a series of experiments in the first quarter around improving the exchange of information between the participants and systems that interact during the lifecycle of tokenized assets, according to a
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While Polkadot will be the fourth blockchain Deutsche Telekom is working with, it is the first network T-Systems evaluated for running infrastructure, and has been on the firm’s radar from the beginning, said Andreas Dittrich, head of Deutsche Telekom’s Blockchain Solutions Center. As such, T-Systems will be running several validators,
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The report suggests that, based on the experiment, an intraday, wholesale CBDC could have a positive impact on financial stability and limited influence on monetary policy. But Sylvie Goulard, deputy governor of the Bank of France, said that the scale of the experiment was too limited to arrive at broader
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Sotheby’s, the 277-year-old British auction house, is staking its claim in the metaverse with the launch of a new platform called “Sotheby’s Metaverse” that allows visitors to view digital artworks available at auction, as well as learn about the collectors and artists behind the non-fungible tokens (NFTs). Source
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There’s a reason El Salvador uses the dollar, and why Ecuador and Venezuela do, and why Argentina, where I lived for six years, had de facto dollarization throughout the 1990s. In all these cases, reverting to the world’s reserve currency as the national medium of exchange is a last resort
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Over the course of the last 10 years, the blockchain industry has grown and expanded into a fully-fledged behemoth, worth trillions of dollars, boasting corporations, medium-sized projects and newly founded startups. And somewhere along this development, the bitcoin ad networks appeared, completely changing the rules of the game. From poorly
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The central banks of Saudi Arabia and the United Arab Emirates (UAE) have concluded a digital currency (CBDC) pilot, finding that distributed ledger technology can improve cross-border transactions and meet the demands of financial privacy in a purely digital context. In a 93-page overview of the “Aber” project, the two central
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The exchange is discontinuing its own BGBP stablecoin, an "experiment" that obviously wasn't a success. Source
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At the height of 2017’s ICO boom, European Union member Estonia said it had the digital backbone to issue its citizens a national cryptocurrency, an “Estcoin.”At the time, then-European Central Bank (ECB) President Mario Draghi slapped down Estonia’s plans. But in an interesting indication of how far things have come,
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