ZEN INVESTING
Rs.10 Fractional IPOs: SEBI Opens Reliance Shares to Micro-Investors via Tokens
SEBI's new pilot allows micro-investors to buy Reliance shares for as low as ₹10 through fractional equity tokens, promoting broader retail participation in finance.
Santa Cruz Adopts Blockchain for Govt Services
Santa Cruz County in California is set to launch a pilot program using a blockchain-powered digital wallet for government services, including bicycle registration and RV parking registration. The program, powered by HUMBL, will launch in July 2023 and run a three-stage pilot program. The county aims to provide a formal report and rollout plan for the digital wallet by September 2023.
UAE's Central Bank Completes Wholesale CBDC Pilot Program
UAE's Central Bank has completed running its wholesale CBDC trials, readying for the next development phase.
Ukraine Plans to Pilot CBDC Digital Hryvnia for Salary Payments
Ukraine has announced pilot testing plans for central bank digital currency to pay the national digital currency (CBDC) to its workers' salaries.
South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity
South Korea’s central bank recently announced that it has launched a pilot program assessing the issuance of a central bank digital currency (CBDC). The Bank of Korea has stated that there are no immediate plans to launch a CBDC, however, the pilot program will allow the central bank to be prepared in the future if the changing market conditions require its issuance.