Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed, while Animoca’s Yat Siu said Zuckerberg is the only one who can drive the company forward.
The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state.
International Monetary Fund, or IMF, managing director Kristalina Georgieva said more than half of all central banks in the world are exploring how to launch digital currencies.
The statement issued by the Central Bank of Ghana suggests that neither this investment scheme nor the Promoters of the company have obtained the approval of the Bank of Ghana, to operate in the banking and payment services sector.
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According to the details shared by the Bank of England, the twelve-month research project will explore potential challenges, opportunities, and risks associated with the designing of a central bank digital currency system. For the research, BOE will work with the Digital Currency Initiative (DCI) team in the Media Lab of the Massachusetts Institute of Technology.
The Central Bank of Jordan (CBJ) has revealed that it is researching the issuance of a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing.
Binance has tightened the customer verification requirements on its platforms as it expands its response to the heightened regulatory scrutiny it has faced in recent months.
The project, under development by the BOJ’s CBDC Team, has entered a pilot phase which will see a total of J$230 million in CBDC minted and deposited with deposit-taking institutions and authorised payment service providers before December 2021.
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