As local news reported, the Vietnamese Prime Minister Phạm Minh Chính has ordered the State Bank of Vietnam to study the feasibility and test the operationality of a pilot for a digital currency (CBDC). Unlike other countries, Vietnam is looking to test a digital currency built on blockchain technology, not a centralized protocol. According to…
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…
The Financial Crimes Enforcement Network (FinCEN) has hired Michele Korver, previously of the Digital Currency Council in the U.S. Department of Justice, to serve as the agency’s first chief digital currency adviser (DCA). Korver, who has been involved in crypto-related Anti-Money Laundering (AML) operations since 2013, will advise FinCEN acting director Michael Mosier regarding cryptocurrency’s…
Dutch Football Team AZ Alkmaar has announced crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner and claimed the wider adoption of crypto. According to a statement posted Thursday on the club website, the Eredivisie side claimed crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner until 2024. As the announcement…
Bitcoin Cash ABC (BCHA), the cryptocurrency that has hard-forked away from both Bitcoin and Bitcoin Cash, has rebranded to “eCash” (XEC), as well as redenominating its token and launching a Proof-of-Stake (PoS) consensus layer. Bitcoin Cash ABC, the cryptocurrency born from several hard forks, has now relaunched as “eCash” and launching a Proof-of-Stake (PoS) consensus…
Digital artist Mike Winkelmann, also known as Beeple, unveiled his next venture on Thursday, a website called WENEW, which allows people to buy and own historic moments as NFTs, and “immortalizing these moments of human achievement.” Earlier this March, Beeple made headlines after Christie’s auctioned his artwork as an NFT for $69 million. Now he’s…