Thailand Delays Digital Wallet Program, Opposition Calls for Probe
The digital wallet program aiming to distribute 10,000 baht ($274) to Thai citizens over 16 years and stimulate the economy has been delayed, prompting the opposition to demand a probe by the country’s electoral commission. According to the Bangkok Post, Thailand’s deputy finance minister, Julapun Amornvivat, announced that the scheduled launch of a new digital […]
European Parliament votes to create EU digital wallet’s final law
European legislators have advanced the adoption of a digital wallet for the entire European Union (EU) by approving a motion to forward the plan. According to a formal statement, the European Parliament voted on March 15 in favor of drafting a mandate for discussions with the EU member states on the reform of the new […]
Crypto staking: how to stake your cryptocurrency
Crypto staking allows investors to receive staking rewards for maintaining coins in their digital wallet for an extended period of time. Crypto staking is comparable to interest-bearing savings accounts since both alternatives allow you to earn interest on your initial investment. Your digital assets are locked up when you stake them, which enables you to […]
Linux Foundation Set To ‘Work’ Digital Wallet Interoperability
The OpenWallet Foundation will work with a group of companies and non-profits to build an open-source software engine for making digital wallets. The Linux Foundation, a nonprofit that helps make open-source software, wants to start the OpenWallet Foundation (OWF), which will be a group of people working together to encourage the creation of digital wallets […]
Facebook, Instagram users can link digital wallets to post NFTs
Meta, the parent company of Facebook, and Instagram has announced that users of both platforms can now link their digital wallets to enable them to post non-fungible tokens (NFTs). Facebook’s parent company Meta said the social media network’s roughly 2.9 billion users would be able to share di gital collectibles and NFTs in an update […]