Japan Credit Bureau to Test CBDC for Payment Settlement

Japan Credit Bureau (JCB) has introduced its digital currency before Japan issues a CBDC.  CBDC Tested Using Current Payments Infrastructure According to JCB’s projection, the adoption of CBDCs may be constrained in the future if older people and small children…

Christiano Ronaldo’s Homeland Of Madeira Launches Bitcoin Trial

Madeira’s President Miguel Albuquerque was invited by Jan3 CEO Samson Mow to the platform at Bitcoin Miami 2022 to make the announcement that the Madeiran archipelago had accepted Bitcoin (BTC).  Madeira Cannot Legally Adopt Bitcoin The president had announced that…

Blockchain Powered IDs will be used in South Korea by 2024

South Korean citizens will be using digital IDs instead of traditional resident cards as proof of identity by 2024.  It will be secured by blockchain technology and will work in tandem with smartphones. This will make it easier to verify…

Fidelity Plans Major Push in the Digital Assets Sector With 100 New Hires

Fidelity Investments, a money management, is expanding its digital assets division by employing 100 new employees. indicating the company’s desire to expand its cryptocurrency operations during a weak market. The recruitment process was initially covered by Bloomberg. By the end…

Web3 Will Add $1.1 Trillion to India’s GDP By 2032

Over the next ten years, the global Web3 boom is anticipated to contribute $1.1 trillion to the Indian economy, supporting the momentum created by over 450 in-house firms, including CoinDCX, Polygon, and CoinSwitch, that is based on investments. India is…

Crypto Sanctions Are a Form of Digital Fascism, Says a Russian Regulator

One of Russia’s top regulators believes that the sanctions relating to cryptocurrencies that have been placed on the nation and its people are an example of “digital fascism.” The remarks follow the latest round of sanctions imposed on Russia by…

Banks are afraid of crypto overtaking money and asset transfer business – Mr. Wonderful

Kevin O’Leary, a Canadian businessman, entrepreneur, and TV personality, gave his insights on the cryptocurrency industry in a Converge 2022 interview. O’Leary, popularly known as Mr. Wonderful, uploaded his interview to his YouTube channel. He enumerated several insights to the…

Spain LeapFrogs El Salvador to Become Third Largest Crypto ATM Hub

After the United States and Canada, Spain is the official home of the third-largest network of Bitcoin and cryptocurrency ATMs.  El Salvador Down to Fourth El Salvador, which has 212 crypto ATMs, is presently in fourth place due to Spain,…

INTERPOL Expands Worldwide Law Enforcement Into the Metaverse

The details of INTERPOL’s law enforcement-specific Metaverse have been made public. Regardless of their geographical location, police enforcement professionals will be gathered under the concept for the sake of training and collaboration. Users Will Interact With Officers Via Avatars The INTERPOL…

INTERPOL unveils the first-ever Metaverse for law enforcement worldwide

The International Criminal Police Organization, more popularly known as the INTERPOL, unveiled the first-ever Metaverse for law enforcement worldwide. This was made known in the 90th Interpol General Assembly in New Delhi, India. The INTERPOL Metaverse allows registered users to…