Iran to launch CBDC on Sept. 22
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
OpenNode receives approval to test Bitcoin payments in Bahrain
OpenNode will leverage the Central Bank's Regulatory Sandbox framework to test its bitcoin payment infrastructure.
Russia PM sets December deadline for international crypto payments rule
Prime minister Mikhail Mishustin noted that the country's financial system would have to adjust because of the economic sanctions imposed by western authorities.
Ripple hints at new CBDC announcements
Ripple has scored several partnerships in its CBDC drive, including a participation in the digital dollar sandbox initiative.
Russia to settle cross-border payments using stablecoins
Russia is developing a digital platform that will allow it settle cross-border transactions with more friendly countries using commodity-backed stablecoins.
Russia to reportedly consider crypto use for international payments
Russia has faced increased scrutiny and sanctions from western countries over its Ukraine invasion, forcing a rethink of its stance towards crypto.
World Economic Forum weighs in on CBDC adoption and DLT use cases
WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.
Crypto startup wins cybersquatting dispute against Deloitte
Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.
X2Y2 implements flexible royalty option for buyers
Buyers on X2Y2 now have the option to choose an amount they would like to contribute to an NFT project.
Ripple continues overseas expansion with Tranglo to UAE
Days after expanding to Brazil, Ripple shook hands with Tranglo to spread its On-Demand Liquidity (ODL) solution in the United Arab Emirates
SWIFT considered ‘neutral’ on sanctions; debate sparked on whether Ethereum is the same
Global payment messaging service SWIFT claims to be "neutral" regarding sanctions. Can Ethereum make the same claim?
Ripple and Travelex partner up to launch crypto payments in Brazil
The duo will spread Ripple's On-Demand Liquidity (ODL) solution in Brazil to offer instant cross-border payments in crypto.
Ripple’s XRP sales increased almost 40% in Q2 vs Q1
The company’s recently released Q2 market report suggests that the spike emanated as a result of increasing demand for its On-Demand Liquidity service.
How to cash out — The rise of crypto-to-fiat
Cashing out of crypto remains a struggle, as centralized exchanges leave their users with the task of finding an exchange that allows off-ramping to the currency of their choice.
Gig workers still go for crypto despite the bear market
A new survey showed half of gig workers prefer getting a portion of their payments in crypto despite the winter prices.
Burrito chain Chipotle is giving away over $200K worth of crypto
American food chain Chipotle is celebrating national avocado day by giving away free Bitcoin, Ethereum, Avalanche, Solana and Dogecoin via its interactive game 'Buy the Dip'.
SWIFT turns focus to digital assets in 2022 hackathon
Payment giant SWIFT aims to bring the brightest minds of the digital assets to collaborate and innovate as an industry at its 2022 hackathon