Bhutan’s central bank will use Ripple’s Labs to pilot its CBDCs
Bhutan’s Royal Monetary Authority is teaming up with Ripple to test its central bank digital currency. Ripple claims its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability. Bhutan’s central bank will use Ripple Labs’ private ledger to issue and administer a digital ngultrum, according to a statement […]
NFT platform Bookblocks.io seeks to help Afghan women get access to education
Bookblocks.io, a non-fungible token firm, has teamed up with a New York-based group to help Afghan women gain access to education in the wake of the Taliban’s takeover. On Oct. 5, Bookblocks.io will launch a non-fungible token, or NFT, with proceeds going to Women for Afghan Women, an organization that helps women in Afghanistan and […]
Robinhood sets to test its crypto wallet feature on the app starting October
Robinhood, a trading app, recently announced a crypto wallet where users can store their tokens. The company did not specify which tokens the digital wallet would support. According to a blog post published on Wednesday, Robinhood intends to begin testing a digital wallet feature on its app in October, which will allow users to send […]
New Jersey postpones effective date of cease-and-desist order for BlockFi until December
An extension to a New Jersey cease-and-desist order for new interest accounts at crypto lender BlockFi will take effect on December 1, according to a statement released by the company on Wednesday. According to BlockFi , the New Jersey Bureau of Securities has approved the third extension of its cease-and-desist order, marking the third time […]
NBA’s Philadelphia 76ers signs Crypto.com as its official jersey sponsor
Following agreements with the UFC, Formula 1, Paris Saint-Germain, and others, the cryptocurrency exchange Crypto.com has added another sports partner. A little more than a week after announcing its first esports partner in the form of Fnatic, cryptocurrency exchange Crypto.com ‘s sports sponsorship spending spree continues with the announcement of a partnership with the NBA’s […]