Bank of Canada just says no to retail CBDC in reshuffling of priorities

Human imagination and the strive to turn science fiction into science fact goes back to ancient times, but has only truly begun to manifest itself in the last 50 years. Though mostly unseen by average users, artificial intelligence (AI) is already deeply embedded in the basic processes people have become accustomed to.Blockchain technology has come…

The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. 977 Total views 13 Total shares The Philippines has become the latest country to look at the possibility of releasing its own central bank digital currency, or CBDC.According to a report by…

The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology. 2098 Total views 7 Total shares "Mining" may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are…

Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the "dream" of cross-platform NFT come true. 193 Total views 2 Total shares The frontman of the popular virtual universe game Roblox, David Baszucki, has said he ‘dreams’ of having the ability to move nonfungible

Discussions.app and Telos will collaborate on tools to record Twitter and other social media accounts and contacts to the blockchain enabling migration between platforms. Reddit-inspired social aggregation platform Discussions.app announced its expansion to the Telos network on Sept. 3.The first project to come out of the new collaboration will be a decentralized identity system, allowing…

AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next. 1092 Total views 16 Total shares American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option.AMC CEO Adam Aron announced Thursday that the company now…

In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action for the next five years. 3015 Total views 10 Total shares The U.S. Securities and Exchange Commission is listening.At least, per a Dec. 23 announcement, the SEC is responding to…

Leading United States derivative market CME Group pointed out that its Bitcoin (BTC) futures reported a record trading volume on April 4, according to their tweet.Per the tweet, the volume of its Bitcoin futures hit an all-time-high of over 22,500 contracts on April 4, which is equivalent to about 112,700 BTC. The previous record has…

New York-based research firm, CB Insights, has released a report showing that  Chinese startups are starting to substantially increase their blockchain-related investments.The research document, titled The Blockchain Report 2020, was published on March 11. It highlights that in 2015, deals from US-based companies accounted for 51% of Blockchain tech growth. Comparatively China-based companies represented only…