Ripple, National Bank of Georgia Partner on Digital Lari CBDC Pilot
National Bank of Georgia (NBG) has appointed leading blockchain payments platform Ripple Labs Inc. as its official technology partner to advance its Central Bank Digital Currency (CBDC) Digital Lari pilot. As per an official declaration from Ripple, the partnership will utilize the Ripple CBDC Platform for the implementation and distribution of the Digital Lari pilot […]
Dune Analytics Launches DuneAI for Crypto Data
The cryptocurrency analytics platform Dune Analytics, has introduced DuneAI, aiming to revolutionize how users engage with crypto data. With the launch of new features, including DuneAI, the Dune Data Hub, and Dune Alert, the industry-leading web3 analytics platform Dune is stepping into artificial intelligence. As per its most recent releases, DuneAI is going to incorporate […]
ProShares Launches Ether Futures ETF for Crypto Bears
ProShares is rolling out the first exchange-traded fund (ETF) that allows investors to take a bearish view on ether. The ProShares Short Ether Strategy is a new exchange-traded fund (ETF) introduced by ProShares. With the help of this ETF, investors can have a pessimistic view of ether, the second-largest cryptocurrency in the world. The ETF […]
UK FCA Releases Guidance for Crypto Asset Promotion Rules
Rules governing the promotion of crypto assets went into effect in the UK on October 8, however, it is being faced with low compliance in response, the Financial Conduct Authority (FCA) issued further directives to assist cryptocurrency companies in conforming to regulations. On November 2, the FCA issued “finalized non-handbook guidance” regarding conformance with the […]
XRP Secures Dubai License
The Dubai International Financial Centre (DIFC) has given an XRP license for use in virtual asset services, which Ripple Labs announced. As per Ripple Labs, the use of its related digital asset XRP within the Dubai International Financial Centre (DIFC) has been permitted by the Dubai Financial Services Authority (DFSA). With this license, XRP can […]