The Medalla testnet will give an early assessment into how Ethereum 2.0 mainnet will behave with multiple clients.
An independent panel of financial industry leaders submitted a report stating the central banks can take inspiration from Ripple technologies while developing the own CBDCs.
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.
Bitcoin had a price peak of $11,354 was reported this week, and its current price is of $11,160. Thus, an uptrend in the value of BTC and other cryptocurrencies was achieved this week, which also influenced the derivatives market as we will later see.
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.
Throughout the week, BTC’s highest value was of $9,667, thus there is still room for considerable growth before reaching and hopefully surpassing the $10,000 threshold.
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.