Chinese workers paid in CBDC are cashing it out for real money: Report

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. 340 Total views 3 Total shares China is reportedly looking to implement a system akin to its social credit system, but in the Metaverse and other online virtual worlds.Proposals viewed by POLITICO and…

The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making. 628 Total views 39 Total shares Own this piece of history Collect this article as an NFTThe finance ministers from the eurozone countries have released a statement on the…

Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors.

The concerns voiced about the consensus mechanisms of Bitcoin (BTC) and Ethereum (ETH) have played a part in the sideways price action both assets have seen over the past two months, opening the door for other competing projects to gain attention. One project that managed to overcome the sideways action in the market and rally to…

The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000. 137 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into…

Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF). 348 Total views 26 Total shares Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum (ETH) exchange-traded

The crypto exchange launched a testnet featuring an on-chain order book and matching engine, doing away with the centralized components found on the mainnet version. 297 Total views 1 Total shares Crypto exchange dYdX has launched a public testnet of its “v4” iteration, according to a July 5 announcement from the exchange’s development team. This…

The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving cross-border payments.“ 439 Total views 5 Total shares Representatives of Banque de France, the French central bank, have embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as the foundation of a new