Sweden’s central bank plans to create a pilot platform for a new digital currency, called the e-krona, in latest in European CBDC news. Sweden’s central bank is planning plans to create a pilot platform for a digital currency known as the e-krona. While Switzerland took a negative stance towards a central bank digital currency (CBDC)…
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The International Blockchain Monetary Reserve and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token. The International Blockchain Monetary Reserve (IBMR) and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia. Per a press release shared with Cointelegraph on Dec.…
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Amsterdam-based bank and financial services firm ING is reportedly developing cryptocurrency custody technology. Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12. The digital assets custody service being developed by ING is purportedly part of one of the bank’s several blockchain-related initiatives and is still at an early stage of…
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The Chamber of Digital Commerce and the Enterprise Ethereum Alliance have partnered to facilitate industry advocacy and education efforts around tokenization. The Chamber of Digital Commerce and the Enterprise Ethereum Alliance (EEA) have partnered to facilitate industry advocacy and education efforts around tokenization. According to a Dec. 11 press release, the two blockchain advocacy organizations…
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Jack Dorsey, the founder and CEO of Twitter, has revealed that the company funded a dedicated team to develop a decentralized standard for social media. Jack Dorsey, the founder and CEO of Twitter and payments operator Squre, has revealed that Twitter is funding a dedicated team to develop a decentralized standard for social media. In…
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Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. The system — initiated by Rosseti and developed by the Russian distributed ledger technology (DLT) startup Waves — aims…
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The Intercontinental Exchange’s digital asset platform Bakkt launched the first regulated Bitcoin options and cash-settled futures. The Intercontinental Exchange (ICE)’s digital asset platform Bakkt has launched the first regulated Bitcoin (BTC) options and cash-settled futures in the United States. According to an announcement on Dec. 9, Bakkt is now using its physically settled Bitcoin contracts…
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After examining SOV’s white paper, Cointelegraph reached out to the development team to find out if the cryptocurrency was inspired by EOS. It has been almost a year since the Republic of the Marshall Islands (RMI) unveiled the development of its national digital currency dubbed Sovereign (SOV). The cryptocurrency is set to tackle some issues…
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The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc…
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Former Italian minister of economy and finance spoke to Cointelegraph about his vision of the future economy and crypto’s part in it. During the Code4Future conference, the first event in Italy dedicated to the concept of open innovation held at the Talent Garden in Rome, the former Minister of Economy and Finance Giulio Tremonti —…
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