The Bank of England has asked Accenture to build its new RTGS Payments network which also provides support for handling digital currency transactions in case the central bank launch its own CBDC.
The Shelley mainnet bring new capabilities to the Cardano platform in terms of staking, DApps, smart contracts, and a new guided governance system.
Thailand is seeing a growing number of crypto businesses getting license from the regulators. The crypto businesses are categorized as crypto dealers, brokes, crypto exchanges, and ICO portals.
The People’s Bank of China have accelerated the testing of Digital Yuan as it collaborates with businesses across different industry sectors.
Bitcoin and Ethereum take the crypto markets higher as investors look keen on grabbing the two top cryptocurrencies.
Russia finally decided to gives cryptocurrencies a legal status and allows its citizens to buy and hold crypto for investment purpose. It adds that Russia’s central bank will monitor all the regulatory necessities involved.
After months of working out its tax rules, the South Korea finance ministry has come with revised tax rules that taxes crypto gains at 20% rate, just like the capital gains taxes.
National banks and financial institutions will now provide crypto custodial services to their customers by ensuring proper risk management practices.
With its digital currency MUFG Coin, the Japanese banking giant aims to offer a borderless shopping experience to all customers of its partnership firm Recruit Holdings.
The sudden surge in DeFi activity this year has resulted in the execution of several different transactions on the Ethereum blockchain network.