Australia and Canada abandon retail CBDCs, as a new Atlantic Council report shows 44 countries are now piloting one. Meanwhile, HSBC buys and sells tokenized gold with the help of quantum-secure technology.
Concerns are growing that central banks are beginning to roll out products and services that directly compete with the private sector—and critics say this could cause big problems.
Now rebranded as Terra Classic, LUNC is a shadow of its former self. Prices have fallen by almost 100% from highs of $119.18 set in April 2022, to $0.0000825.
It's inevitable that the unfolding legal saga with Pavel Durov will have severe ramifications on Telegram's future plans, which until recently included a rumored IPO in the U.S and ambitions to become a "super-app" like WeChat in China.
Russia's biggest bank is stepping up support for the digital ruble. Meanwhile, a new Citi report suggests demand for CBDCs among financial institutions is waning... and fast.
The prediction market giant racked up record trading volumes in August, and is now on Bloomberg Terminal. But can it survive once the election betting frenzy is over?
