Singapore selects companies for CBDC development

The Monetary Authority of Singapore (MAS) announced the pre-selection of 15 participants for the "Global CBDC Challenge", from which a team for the development of an internal retail cryptocurrency will result. The announcement reflects the participation of six local companies, four from the United…
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Cryptocurrencies

India will work on its new CBDC

The Reserve Bank of India (RBI) will initiate the steps for the design and development of a “sovereign digital asset”. This was reported by the RBI governor, Shaktikanta Das, who admitted that they are expected to carry out the first tests…
Cryptocurrencies

Big crypto companies leave China

Large cryptocurrency companies began their withdrawal from China "from where around 60 % of bitcoin was extracted until June", due in the first place, to the forceful regulations imposed by the country on the digital asset market and…
Cryptocurrencies

Bitcoin climbs back to $ 50,000

On the night of August 22, bitcoin reached the $ 50,000 milestone again, something that it had not achieved since May of this year. Now, the world of cryptocurrencies is waiting on whether this will mark the recovery of the asset or if it…
Cryptocurrencies

Hackers breach T-Mobile’s database

The telecommunications company T-Mobile is conducting a "deep technical" investigation of its systems to verify the nature of the massive data breach, which could be affecting more than 100 million users. This was announced in a statement…