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The Central Bank of Georgia announced the preparation of a pilot project to launch a state cryptocurrency, within the framework of which it is planned to select one partner to work on the digital lari. Nine companies will participate in the pilot project, including the American company Ripple. Based on the testing results, the Central Bank of Georgia will select one partner who will help the regulator in developing CBDC. Therefore, now the central bank
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
The Chainlink team announced that its cross-chain interconnect protocol (CCIP) has launched on the Base network blockchain. This allows developers to build cross-network applications and services on Base. The CCIP interoperability protocol provides an interface for developers to create applications that can send messages, transfer digital assets, and initiate actions on blockchains. The Chainlink team explains: The CCIP protocol uses Chainlink’s decentralized oracle networks, which monitor and audit cross-chain transactions for suspicious activity. According to
The largest American crypto exchange Coinbase has registered with the Bank of Spain as a provider of cryptocurrency services and custodial services. This will allow the company to legally offer its services to clients in Spain. Registration means that the exchange is anti-money laundering (AML) compliant and will be able to offer a full range of products and services to retail and institutional users in Spain – customers will be able to buy and sell
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
The CEO of the largest crypto exchange Binance, Changpeng Zhao, responded to criticism after large donations in the BNB cryptocurrency to help victims of the earthquake in Morocco. Changpeng Zhao tweeted that the exchange has received a lot of positive feedback from users for the allocated funds. Last week, Binance distributed $3 million in BNB coins to Moroccan users affected by the natural disaster. Additionally, the exchange donated $500,000 in BNB to flood victims in
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
Sebastian Carl Greenwood, one of the founders of the fraudulent crypto-pyramid OneCoin and an accomplice of the so-called CryptoQueen Ruzha Ignatova, was sentenced in the United States to 20 years in prison. OneCoin co-founder Karl Greenwood pleaded guilty to complicity in a $4 billion digital currency fraud and was sentenced to 20 years in prison in New York federal court. Prosecutors had asked for at least 30 years in prison for Greenwood. They said he
The head of the US Securities and Exchange Commission (SEC) spoke before the Banking Committee of the US Senate and spoke about the agency’s policy in the field of crypto regulation. Gary Gensler said his regulator’s mission is threefold: protecting investors, promoting capital formation, and ensuring the orderly and efficient operation of markets. The commission has not only successfully served as a financial regulator, but has also become the “duty policeman” keeping an eye on
The government of El Salvador has launched a general education program on cryptocurrencies for public school students. The training program was launched on the second anniversary of El Salvador’s adoption of Bitcoin as legal tender. Her goal is to educate school teachers about cryptocurrencies so that they can teach their students a course on the basics of cryptography and the use of digital assets. “The introduction of Bitcoin in El Salvador shows that changing the