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Brazilian Central Bank President Shared Confirmation Of CBDC Pilot Released This Year

The president of the Central Bank of Brazil reportedly shared his confirmation for the official going live timeline of the sovereign digital currency pilot, which will be in 2022. Specifically, the...

Shannon Wilson | Apr 13, 2022 10:44

South Africa Finalized Technical PoC For Wholesale CBDC Settlement Network

South Africa has reportedly taken a significant stride towards the implementation of its CBDC, with the South African Reserve Bank (SARB) completing a technical proof-of-concept for the initiative. ...

Natalie Wu | Apr 11, 2022 11:21

What is Algorand (ALGO)?

Algorand (ALGO) is both a digital currency and blockchain platform. The Algorand platform is designed to process many transactions quickly, similar to a major payments processor like Mastercard or...

Warren Hayes | Apr 01, 2022 13:55

What Is USD Coin?

USD Coin (USDC) is a digital currency that is fully backed by U.S. dollar assets. USDC is a tokenized U.S. dollar, with the value of one USDC coin pegged 1:1 to the value of one U.S. dollar. The value...

Shannon Wilson | Mar 12, 2022 14:25

Russian Authority & Central Bank Jointly View Bitcoin As Currency

The government and central bank in Russia have reportedly shaken hands on an agreement that will see crypto having proper regulations in the nation, as revealed on February 8th. Specifically,...

Natalie Wu | Feb 10, 2022 15:21

Myanmar’s Military Authority Aiming For A Digital Currency Introduction

The armed forces of Myanmar – which took control of the authority since the detainment of numerous elected leaders by force last year – is reportedly going to introduce a new digital...

Shannon Wilson | Feb 07, 2022 11:39

Myanmar Shadow Government Officially Accepts Stablecoin USDT As Official Currency

Myanmar’s shadow government, the National Unity Government (NUG), led by the leader Aung San Suu Kyi behind bars at the moment, has reportedly recognized Tether (USDT) as an official currency for...

Natalie Wu | Dec 14, 2021 11:33

Thai Regulators Called For Tourism Crypto Greenlight To Attract Digital Nomads

An initiative from a Thailand governmental agency to amp up the gross domestic product (GPD) via catering to crypto digital nomads is reportedly going to be finalized soon. Specifically, The Tourism...

Natalie Wu | Nov 28, 2021 09:57

Japanese Major Banks Runs Trials to Release New Yen-based Digital Currency

A consortium made up of approximately 70 Japan-based firms, including the top-tier names in the nation’s financial sector, is reportedly working together on the trial and roll out of a new yen-based...

Shannon Wilson | Nov 25, 2021 15:18

What is Dai?

Dai (or DAI, formerly Sai or SAI) is a stablecoin cryptocurrency that aims to keep its value as close to one United States dollar (USD) as possible through an automated system of smart...

Natalie Wu | Nov 10, 2021 16:14