Saudi Arabia and UAE Joint CBDC to Live Soon
Saudi Arabia and UAE central banks plans to officially launch their joint CBDC soon following a successful pilot. Saudi Arabia and UAE published a report together named ” Project Aber” …
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Gary Cohn Warns About Bitcoin’s Failure
Gary Cohn, a former top economic advisor to President Donald Trump and president of Goldman Sachs has predicted bitcoin’s imminent failure. He argues that Bitcoin is a developing asset class …
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Bitcoin Tagged As A Property Legally in Russia
Bitcoin is now referred to as property under the new Russian law. The Russian prime minister has revealed the government’s plans to review old laws to acknowledge cryptocurrency as property. …
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Cypherpunk Holdings Ranks 9th Largest Public Bitcoin Holder
Cypherpunk Holdings, a Canadian holding company has let go of XMR and ETH to sponsor its acquisition to adopt Bitcoin as it ranks as the 9th largest public holder of …
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Painting of Buterin Sets New Record in Crypto Art Sale
Painting of Ethereum co-founder, Vitalik Buterin sets new record in the crypto art sale. Buterin NFT painting potrays him like a medieval harlequin leaning against a velvet chair, staring into …
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28 Million Merchants To Use Crypto Funding On PayPal
28 million merchants would be permitted to use crypto funding on Paypal’s payments platform. The CEO of PayPal, Mr. Schulman, recently hinted on the company’s intention to allow cryptocurrency as …
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MUFG Plans Blockchain Payment Network Launch in 2021
MUFG, Mitsubishi Financial Group, one of Japan’s largest banking institutions plans to set up its high-speed blockchain payment network, GO NET in 2021 in collaboration with U.S.-based tech firm Akamai. …
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Millionaires Would Own More Bitcoin by 2022 According To Survey
Millionaires in a recent survey carried out revealed that they already have Bitcoin investments or they are intending to invest in the cryptocurrency in a few years from now. The …
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President Xi Encourages World Leaders To Embrace CBDCs
President Xi Jinping of the People’s Republic of China, has called on all G20 nations leaders to encourage and support the introduction of central bank digital currencies (CBDCs) during the …
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Thailand Help Securities Firms With Crypto Exchanges Launch
Thailand has made changes to its net capital rules which affects the securities firms postively as it will enable successful launch of cryptocurrency exchanges. The country now has 15 licensed …
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