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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...
Mastercard Partners with Ripple, Consensys, and Others to Research CBDCs
Mastercard has announced a new project that brings together top blockchain technology and payment service providers to explore the potential...
Polygon Partners with SK Telecom to Accelerate Web3 Adoption
Polygon Labs and South Korean telecom giant SK Telecom (SKT) announced a strategic partnership in August 2023 to expand Web3...
PayPal USD Stablecoin: A Win For Ethereum Or A Return to Centralization?
On August 7, 2023, PayPal marked a significant milestone with its foray into the cryptocurrency sector. The renowned global digital...
Zimbabwe Nears Implementation of Gold-Backed Digital Tokens for Domestic Payments
The Reserve Bank of Zimbabwe (RBZ) has announced that it is finalizing its plans to introduce Gold-Backed Digital Tokens for...
RBI Governor Proposes AI-Powered “Conversational Payments” for India’s UPI System
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has put forth an innovative proposal to enhance India's...
Russia’s Central Bank to Begin Pilot Testing of Digital Ruble on August 15
Russia's Central Bank has announced that the anticipated pilot testing program for its central bank digital currency (CBDC), known as...
