Philippines surpasses digital payment target, hits over 50% in 2023 coingeek.com 29 July 2024 07:35, UTC The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, has announced an achievement in the country’s digital finance sector. According to the 2023 Report on E-Payments Measurement, the share of digital payment transactions in the Philippines has…
Hong Kong’s HashKey makes strategic investment in Catizen.AI’s publisher crypto.news 30 July 2024 10:23, UTC Crypto venture capital arm of HashKey has announced its strategic investment in Pluto Studio, the publishing platform behind Telegram-based game Catizen.AI. HashKey Capital, the venture capital branch of Hong Kong-based crypto company HashKey, has supported Pluto Studio, the publishing…
Standard Chartered-backed Zodia Custody adds support for Deribit crypto.news 30 July 2024 10:49, UTC Crypto custodian Zodia Custody has teamed up with crypto exchange Deribit, enabling institutional clients to access market derivatives liquidity while retaining their assets in segregated cold wallets. Zodia Custody, a crypto custody provider backed by Standard Chartered, has unveiled a…
Bank of England to Carry Out CBDC, Digital Ledger Experiments coindesk.com 30 July 2024 11:15, UTC The Bank of England said it plans to carry out a series of experiments on a wholesale central bank digital currency and distributed ledger technology. It will also experiment to ensure that the “singleness of money” is maintained…
Why the US's $35 Trillion National Debt is ‘Good for Bitcoin’ decrypt.co 30 July 2024 10:00, UTC The U.S. federal government’s outstanding borrowing has now reached a staggering $35 trillion. In the past and among other nations, rising national debt has led to increased inflationary pressures and eroded confidence in traditional fiat currencies. Yet…
Polychain, Lightspeed Lead $7M Fundraise for Math Olympian's Blockchain-Based AI Platform coindesk.com 30 July 2024 13:02, UTC Hyperbolic, one of the newer contenders in the race to apply blockchain tech to artificial intelligence, has raised $7 million in a seed funding round led by Polychain Capital and Lightspeed Faction. The AI boom has strained…
Bank of Russia eyes full-scale digital ruble launch by next July crypto.news 30 July 2024 13:04, UTC The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digital currency — also…
