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Vaneck: UAE, Argentina and Ethiopia begin state-backed Bitcoin mining
Three of the newest members of BRICS—Argentina, the UAE, and Ethiopia—have begun mining Bitcoin using government resources, according to Matthew Sigel, Head of Digital Assets Research at investment firm VanEck. дальше »
2024-10-29 20:22 | |
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Russia Set to Launch State-Backed Cryptocurrency Exchanges
Russia is developing national crypto exchanges to regulate digital assets and promote trade, but experts question their viability amid sanctions and legal hurdles. The post Russia Set to Launch State-Backed Cryptocurrency Exchanges appeared first on BeInCrypto. дальше »
2024-8-24 20:30 | |
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Dubai’s RAKBANK teams up with Bitpanda to offer crypto to UAE residents
Crypto exchange Bitpanda has partnered with a state-backed Dubai bank as part of its first expansion into the Middle East. RAKBANK, one of the United Arab Emirates‘ oldest banks, has partnered with the Vienna-headquartered cryptocurrency exchange Bitpanda to expand its… дальше »
2024-8-19 13:48 | |
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China’s insurance giant teams with Swiss crypto bank
China state-backed insurance giant CPIC is partnering with crypto bank AMINA to provide investment advisory and banking services. CPIC Investment Management (CPICIMHK), a Hong Kong-based arm of China Pacific Insurance Group (CPIC), the second-largest property insurance company in China, is… дальше »
2024-7-10 10:56 | |
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North Korean hackers exploited shared cloud service to rob crypto firms
North Korean state hackers exploited a cloud services provider called JumpCloud to steal funds from crypto companies that use its services, Reuters reported on July 20. Reuter’s confidential sources indicate that the North Korean state-backed hackers had a specific focus on cryptocurrency companies. дальше »
2023-7-21 23:20 | |
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Russia Drops State-Backed Crypto Exchange Plans, Rolls Out New Regulatory Model For Industry
Russia has long been criticized for its mixed signals towards digital assets. However, this could change soon as the news of backing private exchanges marks a new dawn for the country’s relationship with cryptocurrencies. дальше »
2023-6-3 22:09 | |
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Capital city of China’s Jiangsu province launches state-backed metaverse platform
Nanjing has launched the China Metaverse Technology and Application Innovation Platform. The platform will be managed by the Nanjing University of Information Science and Technology (NUIST). The platform is aimed at bolstering research efforts in areas related to the metaverse. дальше »
2023-5-25 11:36 | |
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Metacade price forecast as Chinese city unveils state-backed Metaverse platform
The price of MCADE, the Metacade native token, has been struggling below its final presale price for the better part of May as the project gears up for the game development phase following the earlier partnership with MetaStudio. дальше »
2023-5-25 10:52 | |
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Chinese launches State-Backed Digital Collectibles Platform
Starting January 1, 2023, Chinese residents can trade digital collectibles using a state-backed blockchain platform. The post Chinese launches State-Backed Digital Collectibles Platform appeared first on NFT News Today. дальше »
2022-12-31 08:24 | |
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Russian lawmakers looking to establish state-backed crypto exchange
Russian lawmakers are working on a draft amendment bill enabling the country to launch a national crypto exchange, local media Vedomosti reported on November 23. The post Russian lawmakers looking to establish state-backed crypto exchange appeared first on CryptoSlate. дальше »
2022-11-24 15:00 | |
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CBDC may threaten stablecoins, not Bitcoin: ARK36 exec
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes. дальше »
2022-6-25 16:03 | |
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Swedish central bank says it will be possible to integrate e-krona into banking systems
Sveriges Riksbank, Sweden’s central bank, said its second phase of testing CBDCs has proven that it would be possible to integrate a state-backed digital currency into the current banking system. The post Swedish central bank says it will be possible to integrate e-krona into banking systems appeared first on CryptoSlate. дальше »
2022-4-7 15:30 | |
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Wyoming Legislators Propose a Bill Seeking to Issue a State-Backed Stablecoin
Four members of the Wyoming Legislature have backed a bill proposal that would see the State Treasurer issue a stablecoin. Wyoming State Senators Tara Nethercott and Chris Roth fuss together with House representatives Mike Yin and Jared Olsen, introduced the Senate file SF0106 on Thursday. дальше »
2022-2-21 07:00 | |
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China preps infrastructure for state-backed NFTs
Crypto’s enemy number one, China, is preparing to roll out its own state-backed blockchain infrastructure to support the deployment of NFT-like collectibles, South China Morning Post reported. The post China preps infrastructure for state-backed NFTs appeared first on CryptoSlate. дальше »
2022-1-15 01:00 | |
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China: What to know about state-backed BSN's efforts to create 'Chinese NFT' industry
The NFT craze has come to China, but one can hardly see any trace of crypto in it. Over the last few months, Chinese social media and gaming giant Tencent has built an NFT purchase and collection aThe post China: What to know about state-backed BSN's efforts to create 'Chinese NFT' industry appeared first on AMBCrypto. дальше »
2022-1-13 12:00 | |
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Axis Bank issues financial contract on state-backed blockchain platform
India’s Ministry of Commerce and Industry developed the SLDE platform for transferring documents using blockchain-based security protocols. дальше »
2022-1-12 11:53 | |
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China considers setting up digital asset exchange to boost e-CNY adoption
A state-backed digital asset exchange might soon crop up in China. However, cryptocurrencies might not be able to find a spot there. In a bid to promote the usage of the digital yuan, the center mightThe post China considers setting up digital asset exchange to boost e-CNY adoption appeared first on AMBCrypto. дальше »
2021-11-27 20:30 | |
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Following Elon Musk Twitter Clash, CZ Now Seeking To Attract State-backed Investment For Binance To Boost Credibility — But Which?
CZ is in talks with sovereign wealth funds over Binance future. The largest digital asset company is also looking to raise more capital following Coinbase listing. Singapore, UAE, France, Qatar and Bahrain are some of the likely countries to host Binance proposed Headquarters. дальше »
2021-11-25 22:41 | |
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Stellar joins Ripple in making a case for CBDCs on its blockchain
It's hard to talk about the CBDC race without mentioning China. However, as more countries explore state-backed digital currencies, central banks sometimes find themselves turning to none other than aThe post Stellar joins Ripple in making a case for CBDCs on its blockchain appeared first on AMBCrypto. дальше »
2021-10-7 02:30 | |
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Is the proposed UK CBDC 'Britcoin,' more 'harmful than beneficial'
Central Bank Digital Currencies (CBDC), which are state-backed cryptocurrencies, have been all the rage within governments all over the world as many have joined the race to develop their own. HoweverThe post Is the proposed UK CBDC 'Britcoin,' more 'harmful than beneficial' appeared first on AMBCrypto. дальше »
2021-8-31 04:00 | |
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America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths
A CNN report has revealed that the US government is stepping up activities to better protect its systems as it is now looking to offer a crypto-assets rewards system to hackers who help them uncover state-backed actors and potential terrorists on the dark web. дальше »
2021-8-18 19:00 | |
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Digital Yuan Can Now Be Used to Pay for Electricity Bills
The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. дальше »
2021-7-24 21:00 | |
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India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems. дальше »
2021-7-23 14:30 | |
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Ghana’s Central Bank Is Set to Launch Its CBDC
The CBDC race is on, and central banks all across the globe are either eyeing the launch of a state-backed cryptocurrency or studying the feasibility of its use. The most recent development in this regard comes from Ghana, as the governor of Ghana’s central bank, Ernest Addison, recently announced that his institution is now “inRead More дальше »
2021-6-4 19:00 | |
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State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain.
дальше »2021-5-19 11:12 | |
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MasterCard Reiterates Interest In Helping Government Build CBDCs
Leading global payment and technology firm Mastercard has announced plans to explore smart contract technology on Central Bank Digital Currencies (CBDCs). MasterCard Investing in Smart Contract Tech For CBDCs Mastercard’s efforts in examining how smart contracts can help central banks develop digital cash is a push towards the realization of state-backed currencies. дальше »
2021-5-1 20:29 | |
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Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF
Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. дальше »
2021-4-17 08:30 | |
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Macau’s high-rolling casino industry faces a digital currency threat
The island-nation of Macau is inching closer to the launch of its state-backed digital currency as it looks to shed off money launderers and fraudsters from the casinos and gambling dens that dot the city, as per a report today on Bloomberg. дальше »
2021-4-16 19:00 | |
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Indonesia: Minister reveals plans to launch state-backed crypto-exchange
Lately, Indonesia has been following in the footsteps of its close neighbor and business partner, Singapore, in exploring the use of blockchain technology and cryptocurrencies. And, there's a good reaThe post Indonesia: Minister reveals plans to launch state-backed crypto-exchange appeared first on AMBCrypto. дальше »
2021-3-28 01:30 | |
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U.S. Federal Reserve says digital currencies can ‘coexist’ with cash
Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday. дальше »
2021-3-20 11:31 | |
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China: Private banks to help with the rollout of booming digital yuan
The nation is leading in the development of a state-backed digital currency and banks are joining that cause. The post China: Private banks to help with the rollout of booming digital yuan appeared first on CryptoSlate. дальше »
2021-2-28 17:00 | |
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G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting
State-Backed Assets Take the Spotlight Again The next G7 meeting will kick off on February 12 and it would include a dedicated session on CBDCs, Reuters reports. Quoting Japanese Finance Minister Taro Aso, the news source explained that the G7 meeting would feature the world’s top economies discussing ways to bounce back from the coronavirus’ […] The post G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting first appeared on BitcoinExchangeGuide. дальше »
2021-2-10 23:31 | |
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China’s State-Backed Blockchain Services Provider BSN to Integrate Findora’s Privacy-Preserving Financial Infrastructure
Findora, a zero knowledge decentralized finance technology provider announced today that it has partnered with BSN (Blockchain-based Service Network), the blockchain infrastructure provider backed by the Chinese government. дальше »
2021-2-10 21:02 | |
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Venezuelan President Maduro Promises 2021 Will Be the Year to Boost Usage of Petro
The Venezuelan president, Nicolás Maduro, has claimed that 2021 will be the year of the state-backed petro (PTR) token. He also promised to boost a “100% national digital economy” agenda through a “complete digitalization process. дальше »
2021-1-17 07:05 | |
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Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […] дальше »
2021-1-14 10:30 | |
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State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. дальше »
2021-1-13 00:30 | |
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XLM bumps to $0.15 as Ukraine selects Stellar for its CBDC
Stellar, the world’s 14th-largest cryptocurrency, was selected by the European country for the latter’s upcoming state-backed digital currency. The post XLM bumps to $0.15 as Ukraine selects Stellar for its CBDC appeared first on CryptoSlate. дальше »
2021-1-4 18:51 | |
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‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable. ” He says there is a role for both private digital currencies and state-backed ones. дальше »
2020-12-10 23:40 | |
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China: BSN Adds Polkadot (DOT), Oasis Network, and Bityuan
China’s state-backed Blockchain Service Network (BSN) has added new members. BSN Adds New Blockchain Projects According to a report by Coindesk, China’s BSN has onboarded several new projects, including distributed ledger technology (DLT) project Polkadot (DOT), cloud computing project Oasis, and Chinese public chain project Bityuan. дальше »
2020-11-27 23:00 | |
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