Amazon’s new hire signaling a growing interest in cryptocurrency

    Amazon is hiring a digital currency and blockchain expert for its payments team. Although, for now, the major retailer doesn’t accept any cryptocurrencies as payment for its products, the posting might signals that Amazon is taking a more serious look at crypto. Amazon is seeking to hire an “experienced product leader to develop Amazon’s Digital…

    New Zealand’s Reserve Bank starts to consult over potential CBDC

    The Reserve Bank of New Zealand sees a central bank digital currency (CBDC) as a “solution” to the ongoing reduction in cash usage. The bank will open up public consultations regarding a CBDC and the new digital money like stablecoins. In a July 7 statement, the Reserve Bank of New Zealand announced releasing a set…

    Coinbase co-founder compares NFT’s rise to the DotCom boom of the 90s

    Non-fungible tokens (NFTs) have hyped the art market and adjacent industries this year, but their extreme volatility makes it still too early to say on the future of NFT.  According to one of the earliest crypto pioneers, Fred Ehrsam, most of NFTs in the market might lose their value in a few years. In an…