Bank of England partners with MIT on CBDC research project
The Bank of England has signed an agreement on a 12-month Central Bank Digital Currency (CBDC) research project with the Massachusetts Institute of Technology (MIT) Media Lab Digital Currency Initiative. The new project, according to the bank, is just for research reasons and will not result in the development of an operational CBDC . The […]
Crypto.com, ICRC partner to air campaign in support of Ukraine during the 94th Academy Awards
Crypto.com and the International Committee of the Red Cross (ICRC) have partnered to launch a television commercial during the 94th Academy Awards about the crisis in Ukraine and also receive donations towards the cause. Crypto.com CEO Kris Marszalek announced on Wednesday that the exchange had partnered with the International Committee of the Red Cross (ICRC) […]
Don Jazzy buys Bored Ape Yacht Club NFT #8752 for $281,000
Don Jazzy, popular Nigerian music producer and crypto enthusiast is the first African to jump on the Bored Ape Yacht Club NFT with a recent purchase of BAYC #8752 for 92 ETH. The music veteran divulged the information of his purchase through a video on Twitter with the caption “Had to ape all in .” […]
Florida to Allow Citizens Pay Taxes in Bitcoin
The state of Florida has announced that citizens will be able to pay their state taxes in bitcoin. The state has been a hotbed for crypto activities, with Miami Mayor Francis Suarez pledging to make the city the nation’s crypto hub. This has reaped benefits for the city and its residents in a variety of […]
Central Bank of Singapore, Cambodia explore CBDC option
According to a panel discussion at the China Conference on Thursday, the central banks of Singapore and Cambodia are considering central bank digital currencies (CBDCs) as options for e-commerce and digital payments. Representatives from Singapore and Cambodia’s central banks have expressed interest in central bank digital currencies at a panel discussion at the China Conference: […]