Bakkt CEO says that they are currently working on adding new features and want to ensure that the platform is operationally sound before the launch.
The Governor of the Bank of Thailand recently stated that the bank is working on a wholesale CBDC, yet the public can expect a central bank currency half a decade from now.
The SGX regulatory body says that its listed companies will need to furnish all the crucial details to its shareholders before conducting the ICO.
However, the report notes that cryptocurrency current maturing as an important assets class of the future
Heavy bloodshed seen in the crypto market on Monday as market lost $20 billion valuation in a single day.
Cryptocurrency bulls are starting to develop cold feet after the recent price implosion. After struggling to rise above the $7,000 mark, Bitcoin (BTC) finds itself on the receiving end after plummeting to the $5,200 level.
The central banks say that CBDCs can help them reduce the counterparts credit risks for interbank cross-border payments and settlements.
The two patents talk about leveraging the blockchain technology to effective manage huge and large-sized databases.
This strategic partnership between the two giants will help to deploy “speedy and cost-efficient international payments” across the ASEAN region.
Chinese Central Bank publishes research paper on blockchain technology, and states that it’s unable to replace the current fiat financial system.