The future of the monetary system, as envisioned by Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), will consist of three crucial elements: central bank digital currencies (CBDCs), tokenized bank liabilities, and regulated stablecoins. Menon...
Stablecoin issuer Circle Internet Financial has signed a Memorandum of Understanding (MOU) with SBI Holdings to promote the adoption of USDC and Web3 services in Japan. As part of the agreement, SBI Group subsidiary, SBI VC Trade, will pursue...
Welcome to our exclusive Q&A session with Zain Awan, the Chief Marketing Officer of Haqq Network and Islamic Coin. Islamic Coin is a groundbreaking cryptocurrency project that has set out to bridge the gap between the rapidly growing world...
Binance has launched a new Web3 wallet service that simplifies and secures user engagement with Web3 technologies, such as DeFi and dApps, for its vast user base of over 140 million. The crypto exchange announced this development at its...
A beginner in the DeFi space will likely get overwhelmed by the many concepts and terms they must understand to effectively navigate the sector. This learning process is further complicated by the rapid pace of innovation in the sector;...
Vechain's primary promise is to revolutionize how businesses access and manage information about their products and activities. And its targets are not just online and digital businesses but also brick-and-mortar firms. The blockchain network empowers businesses and individuals to...
Stablecoins are a unique category of digital asset known for their stable value, often tied to real-world assets like fiat currencies or gold. They were primarily designed to offer stability and facilitate access to the volatile cryptocurrency market by...
NFTs have grabbed mainstream attention in recent years by challenging our collective perspective on art, ownership, and value. A key moment in this trend occurred in spring 2021 when an anonymous artist named Beeple sold a JPG file containing...
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have completed a collaborative experimental test focused on cross-border trading and settlement involving wholesale central bank digital currencies (CBDCs). According to a report published...
The National Bank of Kazakhstan (NBK) has unveiled plans to establish a dedicated agency to develop and implement the country's central bank digital currency (CBDC), the digital tenge. In an official statement released on September 15, the NBK announced...
