The Bank of Canada has delved into the potential of a digital loonie, investigating its design features to cater to diverse payment needs. However, a
Author: Shree Edwards
Zimbabwe’s Gold-Backed Digital Currency: A Game-Changer in Global Trade and Financial Stability
Date: August 13, 2023 The Reserve Bank of Zimbabwe (RBZ) is on the brink of reshaping the nation’s financial realm through its impending launch of
Cboe BZX Exchange’s Regulatory Disclosure Sheds Light on Pending Bitcoin ETF Approval
The recent regulatory filing made by the Cboe BZX Exchange has unveiled significant developments surrounding the proposed Bitcoin exchange-traded fund (ETF) by ARK Investment Management.
XX Coin Ventures onto XRPL: Pioneering New Crypto Horizons
A trailblazing moment is upon the xx Network Community, a community created by the famous Cryptographer David Chaum, who worked with the pseudonym creator of
Binance Coin (BNB) Faces Price Volatility Amid DOJ Scrutiny
The US Department of Justice’s contemplation of fraud charges against Binance has sent shockwaves through the cryptocurrency market, significantly impacting the price of BNB coin.
Ethereum’s Milestone Upgrade: EIP-4844 Introduces Proto-Danksharding for Enhanced Efficiency
EIP-4844, a pivotal Ethereum blockchain upgrade scheduled for Q4 2023, is poised to bring revolutionary changes. At its core, the upgrade introduces “proto-danksharding,” a breakthrough
Bitcoin The Global Currency: Maintains Position Above $29,000 Amidst Sideways Trading
Bitcoins (BTC) price has held firm above $29,000, albeit with cautious trading patterns and limited trading volumes, reflecting uncertainty among investors. However BTC is presently
PayPal Unveils PYUSD Stablecoin to Revolutionize Digital Payments
After a period of relative quiet from PayPal, they’ve now emerged with news of a fresh stablecoin launch. PayPal has introduced PYUSD, a U.S. dollar-backed stablecoin
FDIC Issues Cease-and-Desist to Cryptocurrency Firm Over Deceptive Insurance Claims
The Federal Deposit Insurance Corp. (FDIC) has taken action against Alpharetta-based cryptocurrency nonbank, Unbanked, Inc., for making misleading statements regarding FDIC deposit insurance coverage. In
FedNow Instant Payments Go Live, GAO Pushes for Crypto Oversight, SEC, CFTC, DOJ Combat Cybercrime
The U.S. central bank’s highly anticipated FedNow Service has been launched, enabling instant money transfers for banks and credit unions, available 24/7 throughout the year.