All of this will be a moot point for FTX customers, who are still awaiting to be compensated. While much has been made of the fact that they'll be repaid in full, this doesn't tell the whole story.
There's new legislation designed to prevent a digital dollar from intruding on consumer privacy — with a report also revealing how central banks could enhance CBDC adoption.
Companies with multibillion-dollar revenues are using Hedera's distributed ledger technology, and tokenization infrastructure, to modernize their offerings.
Ghana collaborates with the Monetary Authority of Singapore in moneytech. Digital yuan expands to Hong Kong while workers in the mainland convert their e-CNY salaries into cash. Also several bullish developments in the race to tokenize real-world assets.
Russian President Vladimir Putin, and his Brazilian counterpart Luiz Inacio Lula da Silva, have both spoken of their ambition for BRICS to launch its own global currency — potentially cutting the dollar out of the picture.
Are European Central Banks too slow on the CBDC track? Let's hear what the governors say. Also, in this roundup, the U.S. commercial banks fighting actively for their share of the crypto custody markets and even developing their own digital asset network.
