India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources

India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources

India’s retail central bank digital currency (CBDC-R) architects are aiming to scale the use of the digital rupee to one million users, and have prioritized solving the challenge of creating an offline version, two people familiar with the matter told CoinDesk. Although RBI officials publicly stated in March they were aiming for 500,000 users by […]

Trust Wallet se lanza en Ramp con MoonPay y Ramp Network

Trust Wallet se lanza en Ramp con MoonPay y Ramp Network

Lanzar un servicio de entrada y salida con MoonPay y Ramp Network es solo otra vía directa para impulsar a los millones de usuarios que confían en Binance para que estos servicios se vuelvan en gran medida independientes. El proveedor de servicios e infraestructura de billetera criptográfica descentralizada Trust Wallet ha firmado una nueva asociación […]

Nigerian crypto foreign investment is at a record low: Study

Nigerian crypto foreign investment is at a record low: Study

The largest economy in Africa has a foreign investment problem despite the exponential growth in crypto adoption. The National Bureau of Statistics (NBS) reported on Tuesday that foreign direct investment (FDI) in Nigeria, the largest economy in Africa, dropped by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from […]

FedNow Enables Government Surveillance While Bitcoin Protects Privacy

FedNow Enables Government Surveillance While Bitcoin Protects Privacy

Bitcoin’s potential role in a world where central banks aim to control financial transactions through CBDCs, or alternatives like the U.S. FedNow payment system. The U.S. Federal Reserve is set to launch its digital payments system, FedNow, in July. Described by Richmond Fed President Tom Barkin as “resilient, adaptive, and accessible,” the system aims to […]