article thumbnail

Ripple whitepaper recommends cryptocurrency XRP as CBDC intermediary

The Paypers

Payment protocol Ripple has released a whitepaper document stating that the cryptocurrency XRP could act as an intermediary to connect different central bank digital currencies (CBDCs).

article thumbnail

Long-Term Success or Short-Term Hype: Understanding the TON Ecosystem’s Growth

The Fintech Times

Looking to understand why it has become so popular, we hear from industry experts in addition to analysing a new report by Bitget , the cryptocurrency exchange and Web3 company. In April 2022, the TON blockchain made a significant announcement, allowing Telegram users to make payments with cryptocurrency directly within the messaging app.

article thumbnail

Bitcoin Daily: Rhode Island’s Blockchain Act Aims For Crypto Rules Too; Rapper Akon Details Crypto Plans

PYMNTS

Rapper Akon is launching the cryptocurrency, Akoin, that he says will financially power “Akon City” in West Africa. His whitepaper indicates that Akoins will work as “atomic swaps” between cryptocurrencies, fiat currencies, and mobile phone credits on the Akoin network. David Place (R-47) told Cointelegraph.

article thumbnail

Square Buys Up $50M In Bitcoin

PYMNTS

Square said that cryptocurrency aligns with the company’s purpose in that it empowers people worldwide to participate in a global monetary system. Square also recently rolled out the nonprofit Cryptocurrency Open Patent Alliance (COPA). “As it grows in adoption, we intend to learn and participate in a disciplined way.

Bitcoin 115
article thumbnail

SuperNET introduces white paper on decentralized cryptocurrency exchange

The Paypers

(The Paypers) The team behind the SuperNET project has recently released a whitepaper describing the implementation of a fully functional and decentralized cryptocurrency exchange.

article thumbnail

Here’s How 10 APAC Markets Are Approaching Crypto Regulation

Fintech News

TRM Labs’ Global Crypto Policy Review & Outlook 2023/24 delves into the advancements in regulation as well as the regulatory challenges faced by major APAC markets, shedding light on their unique strategies and key developments in navigating the complex world of cryptocurrency. This transition is currently in progress.

APACS 114
article thumbnail

Client Note: Facebook’s New Cryptocurrency, AI For CRM, Chewy Goes Public, Digital Health Co Raises, And More

CB Insights

Facebook announces Libra, a fiat-backed cryptocurrency. Facebook has announced details of Libra, its cryptocurrency. The post Client Note: Facebook’s New Cryptocurrency, AI For CRM, Chewy Goes Public, Digital Health Co Raises, And More appeared first on CB Insights Research. Want the full post? Become a CB Insights customer.

CRM 34