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
PlusToken Scam Selling Could Dump BTC Price for the Next Two Months
This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Some now argue that the recent price movement is due to big players selling their stakes and flooding the market.As Cointelegraph reported on Aug. 18, the alleged PlusToken scam was thought to have moved over $240 million…
Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think
Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts. As interest in smart contracts surges, some Bitcoiners are asking: why can't Bitcoin (BTC) become the foundation for smart contracts too, instead of Ethereum (ETH)?Muneeb Ali, co-founder and CEO of Blockstack open-source platform, believes that the best way to…
The war among blockchains should stop to speed up adoption
We all remember what the 2008 subprime mortgage debacle was like. The situation was so destructive and almost brought down the global banking system that words like subprime mortgages, credit default swaps and collateralized debt obligations — which are normally part of investment banker’s jargon — became part of the general vocabulary. Because of this…
Blockchain Voting Will Determine Vladimir Putin’s Presidential Fate
Moscow citizens will be able to vote on Vladimir Putin’s Constitutional amendments via a blockchain-powered system. 778 Total views 43 Total shares Russia’s upcoming e-voting on the Constitutional amendments will be implemented using blockchain technology.Moscow citizens will be able to cast their votes on Vladimir Putin’s Constitutional amendments online via blockchain-powered e-voting. As announced on…
Stellar expands reach in Latin America with $3M investment in Settle Network
The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider. 1055 Total views 10 Total shares The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region.It marks the fourth investment this year from…
Circle Invest Launches Crypto Asset ‘Collections’ for Targeted Portfolios
Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest dubbed “Collections.” The company has made the announcement in an official blog post published Oct. 4.The feature gives customers the option to invest in one or more collections of crypto assets, each divided according to a particular…
Awesome interactive NFT artwork shows effects of sponsoring kids
Anyone who holds a copy of the NFT will see it change as the Bitcoin donations come in. A former baseball player has created a non-fungible token, time-sensitive artwork piece that allows crypto holders to donate Bitcoin to enable two African American boys to fulfill their dreams.According to a representative for the artist, former Tampa…
Bitcoin Price Drops $1,000 as Stocks Plummet — Bulls Quickly Buy the Dip
Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction estimates but at the time of…