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- Global News
Citi India Advances Trade Digitization Efforts with First Successful Blockchain LC Transaction on Contour
Citi India has successfully carried out its initial blockchain-powered Letter of Credit (LC) deal on Contour for Cummins India Limited,…
Read More » - Editor Choice
The Decline of the US Dollar? Global Economic Trends and the Rise of Cryptocurrencies
Although the US dollar has long been the dominant global currency, its share in global central bank reserves has been…
Read More » - MENA News
Central Bank of Kuwait Delves into Blockchain and CBDCs
The Governor of the Central Bank of Kuwait, Basel Al-Haroon, recently discussed Kuwait’s efforts to explore the potential adoption of…
Read More » - Global News
UK Crypto Companies Struggle as Banks Tighten Restrictions and Investment Drops
Multiple sources interviewed by Bloomberg revealed that cryptocurrency companies are facing difficulties in accessing banking services in the UK. The…
Read More » - Editor Choice
Understanding Flash Loans: The Pros and Cons of This Weird DeFi Trend
Have you ever wondered how someone can borrow millions of dollars in capital anonymously and without any collateral in just…
Read More » - MENA News
UAE and India Strengthen Economic Ties Through Joint Experimentation with CBDCs
The Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) have signed a Memorandum…
Read More » - Global News
Federal Reserve Board Introduces Bank Term Funding Program to Support Depositors
In order to provide support to households and businesses in the United States, the Federal Reserve Board has announced that…
Read More » - CBDC
Iran Advances in CBDC Development with Completion of Pre-Pilot Phase
Iran has finished conducting initial research for the launch of a possible digital version of their currency, the rial, as…
Read More » - Companies
Ethereum Users One Step Closer to Being Their Own Bank, Visa Proposal Suggests
Credit giant Visa released a proposal that would let owners of the Ether cryptocurrency set up automatic payments directly from…
Read More » - Companies
Global Banks Partner With New York Fed for 12 Week Digital Dollar Pilot
Some of the world’s banking giants are participating in a brand new endeavor alongside the New York Federal Reserve. Global…
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