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Kazakhstan’s NBK Establishes New Agency For CBDC Development and Payment System Oversight
The National Bank of Kazakhstan (NBK) has unveiled plans to establish a dedicated agency to develop and implement the country's...
Circle Partners With Grab to Bring Blockchain-Powered Wallets to Singapore Users
Circle has announced a strategic partnership with Grab, a prominent ride-hailing and delivery company in Southeast Asia, to introduce Web3...
BIS, Hong Kong, and Israel Publish Findings from CBDC Experiment, Project Sela
The Bank for International Settlements (BIS) Innovation Hub, the Bank of Israel (BoI), and the Hong Kong Monetary Authority (HKMA)...
UK Government Appoints Experts to Drive Safe and Innovative AI Development
The UK government has taken a significant step towards advancing its artificial intelligence (AI) capabilities by appointing distinguished figures from...
Russian Lawmaker Predicts CBDCs Will Reduce the Importance of Traditional Banks
Anatoly Aksakov, a Russian lawmaker and chair of the Parliament's financial committee, has predicted that blockchain technology and the adoption...
Top 10 New DeFi Projects In 2023
DeFi (Decentralized Finance) is all about allowing more people to participate in the financial system. It achieves this by harnessing...
SBI Introduces UPI Support for eRupee
The State Bank of India (SBI) has added support for the Unified Payment Interface to its Central Bank Digital Currency...
State of the Metaverse in 2023
Following the metaverse boom in 2021, regular and big-shot investors dove headfirst into the industry, all hungry for a slice...
5 Outstanding Benefits of DeFi Exchange Development for Startups
The emergence of decentralized finance (DeFi) exchanges in recent years has revolutionized the financial landscape. While traditional financial institutions grapple...
Australia’s Central Bank Says the Nation Is Not Ready to Issue a CBDC
As central banks worldwide intensify efforts to explore the benefits and issue a central bank digital coin (CBDC) in respective...
