State Oregon Financial News
02.11 / 00:31
business
Blockchain
Technology
Adoption
enaira
eNaira slowly gains traction post-launch amidst glitches
The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.
30.10 / 00:15
Technology
Adoption
Environment
Bitcoin
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about 98 billion tenge ($230 million) per year in the country. Alan Dordzhiev, the president of the NABDC, issued the following statement as quoted by local news outlet kapital.kz:
27.10 / 16:05
Fed Bankers Face Penalties for Ethical Breaches Under Senate Proposal
A group of Senate Democrats plans to introduce legislation that would penalize Federal Reserve officials who fail to adhere to a new ethics code made public by the central bank last week.
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