The Visa Chief added that CBDCs can be the future of money and global digital transactions and will have major weight on monetary policies.

The IRS is looking for a prototype that gives a deeper understanding of the suspected users’ transactions by disclosing their DLT addresses and other information.

Over the last 7-days, the cryptocurrency market has been fairly stable. In the case of bitcoin, a short price dip was reported on the 27th of June, when the value fell to $8,882, yet the price quickly recovered and continued on a fairly-stable pathway.

The Bank of Canada is mulling out different options and use-cases for a CBDC with a key focus on accessibly and usability in the urban and rural regions as well as for the unbanked.

The demand for decentralized finance (DeFi) continues to rise especially with the current uncertainty in the global economy.

As we complete the first-half of 2020, here’s a look at how Bitcoin and other altcoins performed during the time.

EU’s lead economics minister said that the EU must take a lead ins establishing the regulatory regime for functioning of stablecoins and digital currencies.

Over the last week, the cryptocurrency market has seen an unexpected fall in prices, thus leading to increased volatility amongst most digital currencies and derivatives trading.

The BSN network will make use of Chainlink’s oracles to fetch real-world data from other off-chain platforms and bring them to the BSN blockchain.

With its new Chain Fusion project, KPMG will assist its institutional clients to overcome several regulatory and technical hurdles in dealing with crypto assets.

Sources familiar with the matter said that PayPal can launch its buy/sell cryptocurrency services just within three months from now.

The central bank of Thailand plans to study the feasibility of integrating the CBDC in the country’s core financial system and move towards improving the efficiency of payment transfers.

Over the last week, the cryptocurrency market was mostly marked by stability in terms of coin prices, as the values recovered from a sudden price drop that occurred on the 13th of June.

Six crypto giants have joined the ConsenSys Codefi pilot staking platform which will give them an early access to Ethereum 2.0 staking.

The chairman has asked regulators to consider a principles-based regulatory approach for dealing with new technologies like the crypto assets. He said that the ultimate aim is to have a sound regulation in place.

The BitPay prepaid crypto card will allow users to spend their cryptocurrencies by instantly converting them to USD and later spend them at merchant locations using the Mastercard.

The CBDC Advisory Group will study all matters and issues relating to the feasibility of launching the Digital Won.

Just three months after the Supreme Court lifted the previous ban, the Indian Ministry of Finance has submitted yet another draft proposal for banning crypto use in the country.

Throughout the past week, the cryptocurrency market was mostly stable, with a value drop occurring on the 10th and 11th of June.

The TRON 4.0 will bring a major upgrade to the Iron mainnet making it the first blockchain to host a smart contract-based privacy protocol.