Coinbase’s Stand With Crypto initiative to launch in Canada
The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change.
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Soulbound Tokens: Social credit system or spark for global adoption?
Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community. Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a unique profile proving verifiable achievements and commitments. Still at the concept stage, it’s suggested SBTs will be capable of tracking memberships, credentials and affiliations with…

Ripple Could Launch xRapid Solution ‘In the Next Month or So,’ Says Exec
Ripple could launch a commercial version of its payment platform xRapid "in the next month or so," CNBC reported September 17. Head of regulatory relations for Asia-Pacific and the Middle East at Ripple Sagar Sarbhai told CNBC that Ripple has been making strides toward the launch of its product xRapid.The xRapid product is a real-time…

Spanish Telecoms Operator Partners With IBM to Manage International Calls With Blockchain
IBM and major Spanish telecommunications firm Telefónica have partnered to apply blockchain technology to managing international mobile phone call traffic, per a press release shred with Cointelegraph Nov. 14.Telefónica is the seventh largest telecom company in the world by market capitalization, valued at $51 billion according to Forbes. The company carries out communications business in…

Banks to join SWIFT digital asset trials in 2025
SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.

Bitcoin erases 2021 gains as BTC price falls to ‘biggest bid ever’ on Binance
BTC is back at square one when it comes to this year's bull market, but unparalleled bids are doing their best to halt any further losses. 723 Total views 3 Total shares Bitcoin (BTC) breaking below $30,000 has cost it almost all of its 2021 bull run gains — but a historic silver lining is…

COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic’s end — as the virus continues to rage in the United States and Europe — once can at least speculate: Where will blockchain adoption stand when the crisis abates?Some predicted, after…

Conflux Foundation commits $500M to fuel PayFi Web3 payments solution
Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users. The Conflux Foundation plans to invest $500 million to support the growth of PayFi, short for Pay Finance, a Web3 payments solution. Conflux’s $500 million investment will come from its ecosystem fund and will go toward developing PayFi, a blockchain-based payments platform

BIS general manager urges central banks to “lead innovation” for CBDCs
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. 110 Total views 1 Total shares Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland