Day: 6 March 2023

Bybit has unveiled plans to launch a new debit card product that will enable customers to use their cryptocurrency balances for purchases and cash withdrawals. The Mastercard network will power the Bybit Card for fiat-based transactions, debiting cryptocurrency balances when used to purchase goods and services. Initially, a free virtual ...

On March 2, 2023, Avanza Group and the Pakistan Banks' Association (PBA) signed a contract to collaborate on developing a blockchain-based know-your-customer (KYC) platform called "Consonance." The PBA made this known through an announcement on its website. The new KYC platform will allow banks to share customer personal information through ...

Snoop Dogg, the American hip-hop legend, legally known as Calvin Cordoza Broadus Jr., has been revealed as a co-founder of the Web3-powered livestream platform known as Shiller.  Image source: pbs.twimg.com The platform aims to be a one-stop shop for Web3 artists, projects, and content creators looking to build their communities. ...

The Central Bank of Iran (CBI) has completed the pre-pilot phase of its CBDC development, according to an official statement from the Monetary and Banking Research Institute, the research arm of the CBI.  Mohammad Reza Mani Yekta, head of the CBI's payment systems office, announced during the ninth annual conference ...

According to a recent Wall Street Journal report, Binance, the world's largest cryptocurrency exchange, had attempted to hire Gary Gensler as an advisor in 2018 in order to avoid regulatory scrutiny in the United States.  Notably, this strategy was conceived before Gensler was appointed Chairman of the US Securities and ...

According to internal documents from the Australian Treasury Department, the Australian government may not pass legislation related to cryptocurrencies until 2024 or later, as it wants to fully comprehend the market before taking any steps. This means the country may not have any crypto legislation for at least a year. ...