Iran Finishes Pre-pilot Stage Of Its CBDC
Iran is making progress with its plans for a CBDC, having finished the necessary research for the future introduction of a digital rial. According to a formal announcement made by the Monetary and Banking Research Institute, the research arm of the Central Bank of Iran (CBI), the pre-pilot stage of developing Iran’s central bank digital […]
BIS completes retail CBDC pilot called Project Icebreaker
The Bank for International Settlements (BIS) has successfully completed a pilot retail CBDC pilot called Project Icebreaker. The central banks of Israel, Norway, and Sweden collaborated on a project with the Bank for International Settlements (BIS) that examined the use cases for CBDCs in international retail and remittance payments. In a report released on March […]
Amazon Set To Launch NFT Platform Next month
There are now 15 NFT collections available on Amazon’s “Amazon NFT Marketplace,” which is supposedly set to begin next month. With 15 NFT collections already accessible as of the debut date, the tech giant is allegedly launching its NFT marketplace next month. The e-commerce company intends to introduce the “Amazon Digital Marketplace” on April 24, […]
Silvergate faces bankruptcy issues amid capital flight
The cryptocurrency bank Silvergate may stop operating after warning last week that it might be short on money. Deposits at Silvergate are down 42% In light of the ongoing legal dispute, Silvergate Capital Corp.’s shares have been under pressure since it revealed on January 17 a sharp fall in deposits related to cryptocurrencies in the […]
OKX Offers First Bitcoin Ordinals NFT Collection
The first Bitcoin Ordinals NFT collection, Bitcoin Punks, is now available on the OKX NFT marketplace. In its first launch, which OKX announced on March 6, explains how it will allow trading of BTC NFT, which can be withdrawn to your bitcoin wallet. The first-ever Bitcoin Ordinals NFT has just been made available on the […]