Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
Related Posts
LUNA doubles in price after $25 million investment by Galaxy Digital
The Terra Protocol is an up-and-coming crypto platform for DeFi and payment projects, spurred on by working products and a growing audience for DApps based on its technology. 1004 Total views 12 Total shares LUNA, the native coin of the Terra blockchain, shot up another 37% to $2.46 on heavy trading volumes today, continuing a…
Paraspace NFT protocol co-founder resigns after failing to overthrow CEO
The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically. 202 Total views 2 Total shares The Paraspace NFT protocol saga over the whereabouts of the protocol’s fund took another turn on May 19 as co-founder Jay Yao resigned from his position in…
IOSCO Board Unveils Report Detailing Stablecoins and Securities Regulations
The board of the International Organization of Commissions, or IOSCO, recently unveiled a write-up on stablecoins as they may overlap with current market regulations, including securities laws. Listing several other reports and touchpoints, the IOSCO board pointed toward stablecoin structure in its March 2020 report:“Ultimately, the applicability of any IOSCO Principles or Standards to global stablecoin…
Meme coins: Betrayal of crypto’s ideals… or its true purpose?
Meme coin fans think “serious” crypto investors are mid-curving it. Serious crypto investors think meme coin fans are idiots.
Aircraft Maintenance, Repair Industry Is Latest to Form Blockchain Alliance
The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties.Verdict magazine reported on Feb. 4 on the formation of a new, so-dubbed MRO Blockchain Alliance, which includes leading industry members, among them HAECO Group, Bolloré Logistics, Cathay Pacific,…
Payments firm Rocketfuel Blockchain sues co-founder over expired patents
The blockchain payments company said it unknowingly owns patents that expired before these were transferred to them. 1031 Total views 15 Total shares Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder…
Owner of Indeed and Glassdoor Job Search Engines Invests in Privacy Coin Project Beam
Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18.Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was made through Recruit’s $25 million fund called RSP Blockchain Tech Fund Pte. Ltd. The…
The future of gambling? Hamster-powered marble races come to Ethereum
Mia the djungarian 'gamble hamster' will power high-stakes marble races with her trusty hamster wheel. 1470 Total views 15 Total shares After just over two years of development, on Sunday a new form of gambling will be released to the Ethereum world on mainnet: hamster-powered marble races. Powered by Mia, a female djungarian or “ winter…