Digital Financial News
02.03 / 15:27
Provident
Digital
MasterCard
ANZ
Australian
Australian banks and fintechs to test use cases for CBDC
The projects will operate in a ring-fenced environment and involve a digital currency that is a real claim on the Reserve Bank. First announced in August, the RBA says the project received a "large number" of use case submissions from a range of industry participants. Selected pilot projects involve offline payments with ANZ, nature-based asset trading in a combined proposal from ANZ and Commonwealth Bank, interoperable CBDC for Web3 Commerce with Mastercard and Cuscal, and a corporate bond settlement use case submitted by the Australian Bond Exchange, among others. Of Australia's Big Four banks, ANZ is involved in four projects, while Commonwealth Bank takes two of the spots. Westpac and NAB are notable by their absence.
02.03 / 14:47
Digital
MasterCard
Australia exploring CBDC uses cases, reveals central bank
The Reserve Bank of Australia (RBA) has announced several projects that will develop use cases for the eAUD, the central bank digital currency (CBDC) of Australia, during its testing phase.
02.03 / 11:55
Ethereum
ETH
BTC
Digital
Progressive
CoinMarketCap
Bitcoin
Bitcoin Price and Ethereum Prediction: Stagnant Trading Range Leaves Traders Wondering About the Next Move
Bitcoin (BTC), the world's largest cryptocurrency, has recovered some of its losses and gained modest traction around the $23,500 level as the crypto market regains impetus following continuous progress in the industry. Currently, Bitcoin and Ethereum are trading at $23,516.89 and $1,649.09, respectively.
02.03 / 10:17
Blockchain
Digital
Platform
Racing
Pool
Zcash
Bitcoin
Investor’s top choice is Orbeon Protocol, leaving Zcash and Aave behind in the crypto race
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
02.03 / 07:59
02.03 / 07:09
Digital
Platform
Pool
Curve’s governance witnesses dominance from this protocol, more inside
According to Delphi Digital, Convex Finance, a Curve [CRV] staking platform, dominated 45% of the overall governance on the network.
01.03 / 21:03
Digital
SEC
Landmark
Nexo
settlement
Nexo Crypto Lender Resolves Multistate Lawsuit with $22.5M Settlement – Here's What Happened
The crypto lender Nexo has resolved a settlement for $22.5 million with multiple US states, after the Ohio Division of Securities became the latest state regulator to join in.
01.03 / 18:59
Blockchain
UPS
FIVE
Digital
Platform
goldman sachs
Goldman Sachs’ Digital-Asset Team Ready to Expand with New Blockchain Platform – Is the Bear Market Over?
The major Wall Street investment bank Goldman Sachs has said it stands ready to bolster its digital asset team, as it promotes its new tokenization platform GS DAP for new users around the world.
01.03 / 18:03
Ethereum
ETH
Provident
Digital
USDT
Platform
Future
Experience the Metaverse Like Never Before With This New Crypto Project – Join the Future Here
The development of metaverse games in the Web3 sector has been driven by the current play-to-earn (P2E) initiative, which enables players to earn profit while having fun. Now, more developers are developing metaverse-focused projects due to the endless imagination of the metaverse. One such is RobotEra, a Sandbox-like project.
01.03 / 18:03
Binance
Digital
Platform
Central Bank
Financial
Legalizing Crypto Will Undermine Russian Financial System, Warns Central Bank
Legalizing crypto could “fundamentally” undermine Russia’s financial system, the nation’s Central Bank has warned.
01.03 / 13:15
Blockchain
UPS
Provident
Digital
Platform
Metro
Why Is Metropoly Ready to Take Over Propy and LAToken Following Explosive Presale
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
01.03 / 12:37
COST
Provident
Digital
Software
reports
$33 billion fintech giant Revolut reports first-ever annual profit
Financial technology giant Revolut reported its first-ever annual profit in 2021, according to financial accounts released Wednesday, as subscriptions to its paid packages and overall usage of its app grew sharply.
01.03 / 10:55
Provident
BTC
Digital
VISA
MasterCard
Bitcoin
Bitcoin Price Prediction - Why Retaking $24k Will be a Battle if Wednesday's US Data is Strong
Bitcoin (BTC), the world's largest cryptocurrency, was able to recover some of its recent losses and attract modest bids above the $23,500 level as the crypto market started the month on a positive note. This was attributed to Abu Dhabi's plan to create a free zone for the crypto industry, which will offer zero taxes and 100 percent foreign ownership to digital and virtual asset firms.
01.03 / 04:25
UPS
Provident
Digital
crypto push
Abrdn fires up crypto push with Archax
Abrdn has kick-started an internal project looking at how it can provide investors exposure to digital assets, some six months after the FTSE-listed group purchased a stake in a London-based digital securities exchange Archax.
01.03 / 03:51
28.02 / 23:19
Blockchain
COST
Digital
SEC
Platform
Action
tokenisation
Could 2023 be the year of DeFi tokenisation?
So far 2023 has been characterized by breakout narratives - from the AI boom to the hype around Chinese crypto. Could DeFi Tokenization of Real World Assets (RWA) be the next big thing?
28.02 / 20:35
Provident
Digital
Manufacturing
Platform
Japan’s very own Metaverse is on the way, will accelerate Web3 adoption
Many major Japanese technology, manufacturing, and financial firms are collaborating to build the infrastructure for an open metaverse in order to advance the country’s Web3 strategy.
28.02 / 19:09
Blockchain
UPS
Digital
CEO
Bitcoin
How Blockchain Revolutionized Modern Warfare: Lessons from Ukraine
On the second day of the Blockchain Economy London Summit, Cryptonews was present at a talk by Patrick Sweeney, the CEO of DaVinci 3.0 and a Wall Street Journal Best-Selling author.
28.02 / 18:57
Facebook
Blockchain
Ethereum
Twitter
Digital
Platform
Exploring Exorde, the decentralized solution to online misinformation
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
28.02 / 18:57
UPS
Provident
Digital
Platform
Metro
Gaining Exposure to Real Estate Has Just Been Made Easier, More Efficient and Secure - Here's How
Even though the real estate industry is booming, institutional investors make up most of its investor base. Due to the high entry barrier, retail investors are discouraged from entering. A new crypto project Metropoly aims to provide accessibility to real estate investment through fractional ownership of real estate NFTs, and investors can own 0.1% of the NFTs for $100.
28.02 / 18:45
UPS
FIVE
Digital
NOT
Bank of England says digital pound "more likely than not"
Asked by the Committee, on a scale of one to 10, how likely it is that a digital bank central currency will be needed, Cunliffe said: “I'd say, I'm not sure it would be helpful to put a number on it… I'd just say it's more likely than not.”Pressed on whether the number would be six out of 10, he said: “Well, we're talking more than five.”Cunliffe emphasised that it was important for the Bank to press ahead with its experimental work, explaining that waiting for the numbers to lurch to nine out of ten would leave it with a long five-year slog to catch up with other markets.“These are big projects… this would be a very serious thing that would have to be resilient, fraud-proof, secure," he says.
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