The Zimbabwean government has initiated a study to develop regulations for the virtual asset industry.On June 12, the Zimbabwe Mail reported that …
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Global Adoption
World’s Largest Bank ICBC Praises The Evolution of Bitcoin, Ethereum as Innovative Financial Assets
by Terron Goldby Terron GoldThe world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution …
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Global Adoption
Saudi Arabia Joins BIS & China Led Central Bank Digital Currency Project
by Terron Goldby Terron GoldSaudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less …
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Thailand has approved launching its first spot Bitcoin exchange-traded fund (ETF), joining a growing list of countries embracing regulated Bitcoin investment …
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Japanese crypto exchange DMM Bitcoin announced on Friday that over $300 million worth of Bitcoin was stolen from its primary wallet, in …
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Global Adoption
Israel’s Central Bank Initiates Digital Shekel Payment Challenge
by Terron Goldby Terron GoldThe Bank of Israel is launching the Digital Shequel Challenge as it continues its consideration of a digital currency issued …
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Global Adoption
Panasonic Explores Using DCJPY Digital Currency For NFT Tourist Passes
by Terron Goldby Terron GoldLast week Panasonic announced a project to explore using the DCJPY digital currency for tourist passes. DCJPY is the tokenized deposit initiative backed by Japan’s largest firms, …
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Global Adoption
Ghana Executes Cross Border CBDC Project with Singapore
by Terron Goldby Terron GoldThis week the Bank of Ghana hosted its fintech conference, the 3i Africa Summit, where the Monetary Authority of Singapore (MAS) played a …
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On May 17, the Hong Kong Monetary Authority (HKMA) announced an expansion of its role in the pilots for China’s central …
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Global Adoption
Deutsche Bank Joins Singapore’s Asset Tokenization Project
by Terron Goldby Terron GoldDeutsche Bank, a German multinational investment bank, is collaborating with Singapore’s central bank on asset tokenization. Deutsche Bank has joined the Monetary …
