Global Adoption

Panasonic Explores Using DCJPY Digital Currency For NFT Tourist Passes

Last week Panasonic announced a project to explore using the DCJPY digital cy for tourist passes. DCJPY is the tokenized deposit initiative backed by Japan’s largest firms,…

2 years ago

Ghana Executes Cross Border CBDC Project with Singapore

This week the Bank of Ghana hosted its fintech conference, the 3i Africa Summit, where the Monetary Authority of Singapore (MAS) played a…

2 years ago

Hong Kong Expands Integration with China’s eCNY CBDC

On May 17, the Hong Kong Monetary Authority (HKMA) announced an expansion of its role in the pilots for China’s central…

2 years ago

Deutsche Bank Joins Singapore’s Asset Tokenization Project

Deutsche Bank, a German multinational investment bank, is collaborating with Singapore's central bank on asset tokenization. Deutsche Bank has joined the Monetary…

2 years ago

North Korea-Linked Group Used Tornado Cash to Launder $147 Million in Crypto

North Korea laundered nearly $150 million in stolen cryptocurrencies with Tornado Cash in March, Reuters reported, citing United Nations sanctions monitors.…

2 years ago

El Salvador Mined 474 Bitcoin Since 2021 Using Volcanic Geothermal Power, Bringing Total BTC to 5,750

El Salvador has mined 474 bitcoin since 2021 using geothermal power fueled by the Tecapa volcano. The mined coins bring the…

2 years ago

Nigeria Poised to Outlaw P2P Crypto Trading Over National Security Concerns

Nigeria’s National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown…

2 years ago

Venezuela Turns to Crypto for Oil Sales Amid U.S. Sanctions

According to Reuters, Venezuela now depends on cryptocy for oil sales after the U.S. imposed new sanctions, which concerns many. The…

2 years ago

Bitcoin ETFs Expected to Launch on Australia’s ASX Exchange in 2024

Australia's largest securities exchange, ASX, is expected to approve spot Bitcoin ETFs this year, according to a Bloomberg report. Sources familiar with the…

2 years ago

Asia’s First Spot Bitcoin and Ethereum ETFs Make Lukewarm Hong Kong Debut

Six spot bitcoin and ether exchange traded funds (ETFs) finished mixed in their Hong Kong debut on Tuesday amid relatively…

2 years ago