The Bahamas is set to expand access to its Central Bank Digital Currency (CBDC) known as the “Sand Dollar” by involving commercial banks, as stated by the country’s central bank governor. John Rolle, the Governor of the Central Bank of The Bahamas, outlined the plan to establish regulations within the next two years. The country
Digital Currency
Circle made a significant announcement on July 1 by revealing that it had secured an e-money license from France, solidifying its position as the premier global stablecoin issuer to adhere to the EU’s Markets in Crypto-Assets (MiCA) regulations. This license, granted by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the financial regulator in
Recently, the European Central Bank (ECB) provided an update on the progress of its preparation phase for the digital Euro CBDC, set to conclude in October 2025. The central bank emphasized the importance of privacy and data protection in this digital currency endeavor. However, upon closer examination, several concerning aspects of the digital Euro came
In a recent report by blockchain intelligence firm TRM Labs, it was revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers have more than doubled in the first four months of 2024 compared to the same period in 2023. This surge in cryptocurrency transactions indicates a growing trend of using digital
Currency has played a significant role in the advancement of societies throughout history. From bartering systems to standardized coins and paper money, the evolution of currency has shaped human experience. However, in recent decades, the financial landscape has been marred by chaos and instability, raising concerns about the loss of control over traditional currencies. The
Bitcoin, the digital currency that has been causing a stir in the financial world, is once again at the center of attention. This time, it is due to the mounting stress within the US banking system. Some experts are predicting a significant surge in Bitcoin’s value, with some even going as far as forecasting a
In the ever-evolving world of digital marketing, the ability to adapt and embrace innovative solutions is crucial for success. Telega.io, a leading platform in Telegram advertising solutions, has recently announced a groundbreaking enhancement to its payment options. By incorporating Notcoin as a payment method, Telega.io aims to revolutionize the landscape of digital marketing campaigns on
Venture capitalist and billionaire investor, Chamath Palihapitiya, has made a bold prediction regarding the future of Bitcoin. He foresees a potential price increase to $500,000, attributing this forecast to Bitcoin’s fourth halving cycle, which took place on April 20, 2024. Palihapitiya has engaged in a detailed analysis of historical halving cycles to support his prediction,
The blockchain analysis firm Nansen recently unveiled a rather intriguing discovery – DBS Bank, one of Singapore’s leading banking institutions, has been identified as a cryptocurrency whale. A crypto wallet supposedly owned by DBS Bank holds a staggering 173,753 Ether (ETH), with a current market value of approximately $650 million. Notably, the address in question
The fusion of social media and decentralized finance has given birth to a groundbreaking concept known as SocialFi. This innovative approach redefines user engagement by offering digital currency rewards for every interaction on social media platforms. SocialFi empowers users and creators by providing them with more control over their content and the opportunity to profit