
Article by Wahid Pessarlay
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2 June, 2023
Islamic Development Bank developing price stabilization system powered by blockchain
With blockchain technology, the Smart Stabilization System operates via an algorithm designed by SettleMint to prevent wild price swings triggered...
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Brazil central bank selects Visa, 13 other banks for new CBDC pilot
Each of the selected firms will assist Banco Central do Brazil in experiments testing the instant settlements of government bonds...
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Bybit announces exit from Canada citing new regulatory developments
Beginning on May 31, ByBit's new users in Canada won't be able to create accounts, but existing customers will continue...
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Japan digital yen pilot is a go after successful second proof-of-concept
The Bank of Japan clarified that it has yet to decide on launching a digital yen but will open a...
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1 June, 2023
7 central banks team up with BIS to examine policy issues for CBDC launch
The research paper focused solely on retail central bank digital currencies, which explored potential legal issues and the need to...
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1 June, 2023
Beijing’s new Web3 white paper seeks to foster industry innovation
Beijing’s white paper divides Web3 into four distinct areas: the infrastructure, interactive terminal, platform tool, and application layers.
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