According to a report published by Binance, the launch and distribution of the PBoC’s CBDC will be a two-tier system from the central bank to commercial banks and to the retail market at large.
PNC bank has now become the first bank in the U.S. to use Ripplenet for international transactions.
An official with the Venezuelan government has disclosed that a platform for transacting with the country’s cryptocurrency – Petro – has been officially released.
A 25 year old Los Angeles man has agreed to plead guilty for transaction almost $25 million in illegal cryptocurrency transactions.
Rwanda is looking to join the growing list of countries currently considering issuing their very own digital currencies. Though its not ready yet, the country’s central bank has already begun delving into research already done by other central banks.
Barclays bank and Coinbase have officially parted ways. At the moment, no one is exactly sure why the bank decided to move on from its relationship with the exchange.
Australia’s Power Ledger and Japan’s KEPCO have just completed a trial run for a new blockchain energy trading platform. The new platform will help the energy company sell excessive power more efficiently.
China’s apex bank, the People’s Bank of China, has said that its new digital currency is now ready. No launch date has however been announced.
Abu Dhabi’s Mubadala Investment Capital has invested in the establishment of a crypto exchange also based in the city.