NuLink secures funding to develop its privacy-preserving technology
NuLink, decentralised solution that enables privacy-preserving applications developers to implement best practices and best-of-breed security and privacy, has raised $4m from a number of...
US regulatory trio announce plans to establish crypto asset roadmap
Three key regulatory bodies in the US have revealed they are putting together a roadmap to provide greater clarity on a number of areas related to crypto assets.
Zumo eyes decarbonised crypto sector through new purchase pilot program
Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.
Financial inclusion on the mind of Sri Lanka with payment solution launch
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Bank of England set to launch CBDC consultation in 2022
The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.
Global corporates could save $100bn in yearly transaction costs through CBDCs
A joint report from J.P Morgan and Oliver Wyman has predicted up to $100bn annually could be saved in transaction costs through a central bank digital currency (CBDC) network.
Regulation of stablecoins in sight following US Treasury body report
A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.
Digital currency pilot begins in Nigeria with eNaira launch
The Central Bank of Nigeria (CBN) has unveiled its central bank digital currency (CBDC) eNaira in its pilot study named Project Giant.
Bhutan to pilot central bank digital currency through Ripple partnership
The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.
China bans all cryptocurrencies in huge virtual currency crackdown
The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.
