BoE regulatory 'culture shift' could open door to new tech

The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub. 725 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Central Bank of the United Arab Emirates (CBUAE) is inching closer to fully launching…

This week Bitcoin (BTC) price is making waves as the digital asset finally pushed above the $12K mark, but prior to this move, altcoins have been strongly outpeforming BTC for weeks. Two of the most notable performers are Band Protocol (BAND) and Chainlink (LINK) as both surged by 348% and 88% in the past ten days.…

Every day there are new stories of travel disruptions and public gatherings in Asia being cancelled due to the threat of the COVID-19 virus, AKA the coronavirus. Cryptocurrency and traditional markets have also been affected, with Bitcoin dropping 3% in value due to the virus being detected in Italy. When it comes to crypto exchanges…

Rarify’s valuation has shot up to $100 million following the latest funding round, as the firm works to provide scalable NFT APIs for the commercial sector. 113 Total views 2 Total shares NFT infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million. The backing…

The United States Congressional Budget Office (CBO) has predicted that the U.S government's annual deficits will “nearly double over the next decade.” 2389 Total views 3 Total shares The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as per a…

Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market.Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes.BTC transaction volume eyes recordAt a total of $252.37 billion the remaining 24 hours of December may…

Litecoin continues to gain strength as traders' attention shifts to a broader altcoin market against Bitcoin's slowing uptrend. 1727 Total views 13 Total shares Litecoin (LTC) prices surged up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing…

The Senate has passed a new $485 billion pandemic aid bill to help small businesses and hospitals. 537 Total views 31 Total shares A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough…

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024. 330 Total views 5 Total shares The Bank of Russia continues working towards the upcoming adoption of the central bank digital currency (CBDC), planning an official digital ruble rollout in a…