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Barbados-based fintech firm Bitt Inc will be working as the technical partner for the Central Bank of Nigeria for its proposed e-naira digital currency.In a Monday announcement, the Central Bank of Nigeria (CBN) said it had chosen Bitt Inc based on the company’s “technological competence, efficiency, platform security, interoperability and implementation
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Akoin, the cryptocurrency project developed by Senegalese-American singer Akon, has achieved success in its initial pilot testing at western Kenya’s Mwale Medical Technology City, or MMTC, preparing for a national rollout in the near future. The pilot, which began in November 2020, is expected to pave the way for $5 million
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At yesterday’s Cardano 360 event, IOHK CEO Charles Hoskinson gave an update on the long-awaited Alonzo upgrade. Due to stress testing and exchange integration, Hoskinson expects a rollout in mid-August. IOHK had previously penciled in a date of the end of March 2021 for this to happen. A five-month delay hasn’t
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This is the last article in a special five-part Forkast.News series on blockchain, Covid-19 and the future of healthcare. To learn more about this series, please see the full episode list here. —————————————————————————— Global regulatory bodies have been approving Covid-19 vaccines at a cracking pace, with three vaccines now approved in the
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While the vaccines have given a hint of hope for the economic recovery of most countries including the UK, the ongoing post-Brexit trade talks also have a subtle influence on the global stock market. The world is edging closer to an end to the COVID-19 pandemic with the vaccine from the
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Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector. Source
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Ethereum strongly underperformed Bitcoin during BTC’s move to $16,000. In fact, for most of the rally from $13,000
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Chen Yulu, deputy governor of the People's Bank of China, said over the weekend the digital yuan project should be accelerated as an important part of the nation's financial infrastructure. Source
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Binance Card is expected to become a game-changer in the crypto industry. Users in Europe will be able to get it starting from August, while in the UK it will become available a little bit later.Through its official website, leading cryptocurrency exchange Binance has today announced its official rollout of
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People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch.In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang was asked about the CBDC’s official launch date, to which he replied:"These tests are just routine work for
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