DBS Bank pilots blockchain-based government grants

Major crypto exchange Binance has added support for multiple decentralized exchanges (DEX) to its Trust Wallet by integrating the Kyber Network protocol. The development was revealed in an official announcement shared with Cointelegraph on July 24.As previously reported, Binance acquired Trust Wallet — an open-source, decentralized wallet that initially offered native support for Ether (ETH) and…

The Australian federal government is exploring the use of blockchain-based “smart money” for use in its National Disability Insurance Scheme (NDIS), according to an Oct. 9 press release.The trial, dubbed “Making Money Smart,” has been jointly developed by the Commonwealth Bank of Australia (CBA) and Data61. The latter is a digital innovation center that forms…

Bitcoin (BTC) held momentum at $38,000 on Nov. 29 as analysis warned over market corrections.BTC/USD 1-hour chart. Source: TradingViewBitcoin meets macro data, Fed’s Powell at key price pointData from Cointelegraph Markets Pro and TradingView showed BTC price trajectory continuing to aim for new 18-month highs.After matching current highs the day prior, the largest cryptocurrency surprised

The island continues to work toward full crypto adoption. The Government of Bermuda has announced their partnership with stablecoin platform, Stablehouse. Together they hope to roll out a pilot program for a digital “stimulus” token, targeting both residents and merchants within the islands.According to The Royal Gazette, the idea of launching such a program was…

ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling 308 Total views 24 Total shares Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four…

IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption.

Binance cryptocurrency exchange CEO Changpeng Zhao said that the company is not concerned over low trade volumes caused by the current market slump, according to an interview with CNBC Africa posted on YouTube Nov. 8.  Speaking on CNBC Africa’s “Crypto Trader” show, Changpeng Zhao — also known as CZ — said that the exchange is…

Bitcoin mining difficulty has posted another negative adjustment on Sunday, with the difficulty rate almost halving since mid-May. 997 Total views 4 Total shares Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop.On July 18, the Bitcoin network posted its…