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The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot

The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot

The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.

Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban

Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban

Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.

SVC Bank Caught in SVB Collapse Confusion

SVC Bank Caught in SVB Collapse Confusion

India's SVC Bank faced panic due to a mixup with collapsing Silicon Valley Bank, as their acronyms' similarity caused confusion among Indian citizens.

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

The Bank of Thailand is warning citizens against using the illegal THT stablecoin.

New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins

New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins

A new report from the Bank for International Settlements has advocated the deployment of ‘Embedded Systems’ in the monitoring of global stablecoin projects.

Digital Surge narrowly avoids collapse

Digital Surge narrowly avoids collapse

Digital Surge creditors agree five-year rescue plan to keep exchange running. KordaMentha will pay creditors from the exchange's quarterly net earnings over five years. Customers were sent the rescue plan on December 8.

Banking Circle Adopts USDC as Currency on its Payment Rails

Banking Circle Adopts USDC as Currency on its Payment Rails

Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail

Former FTX CEO Sam Bankman-Fried to Appear in court remotely

Former FTX CEO Sam Bankman-Fried to Appear in court remotely

According to a Feb. 18 court filing, Sam Bankman-Fried has days to provide documentation to Voyager Digital's unsecured creditors committee.

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.

Bank of Japan Wants to Hear From Public About Digital Yen Development

Bank of Japan Wants to Hear From Public About Digital Yen Development

The head of Bank of Japan (BOJ)’s payments and settlement systems department, recently said that the Central Bank was seeking public opinion on the digital yen.

Composite Interest Rate Drops to 2.65% in April 2024, Announces HKMA

Composite Interest Rate Drops to 2.65% in April 2024, Announces HKMA

The Hong Kong Monetary Authority reveals a decrease in the composite interest rate for April 2024.

Bunq (BNK) Utilizes Generative AI to Combat Financial Fraud

Bunq (BNK) Utilizes Generative AI to Combat Financial Fraud

Bunq enhances fraud detection with NVIDIA AI, improving training speed by 100x.

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