Michael Saylor’s view on Bitcoin focuses primarily on its role as a store of value, but this perspective overlooks its critical function as a medium of exchange. While asset value is essential, the ability to transact freely is what truly empowers individuals. Many assets, like housing and bonds, have limited trading due to regulatory constraints, ...
Kazakhstan is making strides with its digital currency, the digital tenge, as outlined by Binur Zhalenov, the chief digital officer at the National Bank of Kazakhstan. In an interview, Zhalenov emphasizes the transformative potential of the digital tenge for financial transactions and highlights the importance of combining public and private financial systems. With plans to ...
Gold Dollar (USDKG) is a unique gold-backed stablecoin from Kyrgyzstan, combining the stability of gold with the advantages of blockchain technology for secure and transparent transactions. Unlike many countries pursuing central bank digital currencies (CBDCs), Kyrgyzstan has chosen an open regulatory approach that promotes crypto innovation and financial inclusion. This strategy aims to enhance cross-border ...
Iraq’s central bank is taking significant steps towards a digital economy by planning to introduce its own digital currency to replace traditional paper notes. Governor Ali Al-Allaq announced that this initiative is part of a broader shift in the global financial system, as many central banks around the world move towards digital currencies. The bank ...
In today’s digital age, sending money across borders has become quite common, but it often faces issues like delays, high fees, and lack of transparency. Traditional payment methods involve banks and credit card networks, which can complicate and slow down transactions. However, blockchain technology is changing this landscape. It allows businesses and individuals to transfer ...
Central banks are making strides in developing digital currencies, but the journey to launch a central bank digital currency (CBDC) is challenging, with few central banks ready to proceed. A recent report highlighted the urgency for issuing retail CBDCs, showing that many emerging Market central banks expect to introduce them in the next two years, ...
In this week’s Mariblock Weekly, major developments in the cryptocurrency space sparked discussions and concerns. The Central African Republic’s president announced the $CAR memecoin launch, raising eyebrows over its legitimacy amid claims of scams. Meanwhile, Ghana is set to launch its central bank digital currency, the eCedi, by 2025, with a focus on boosting financial ...
This week’s Mariblock Weekly highlights the launch of a controversial presidential memecoin, $CAR, in the Central African Republic, stirring skepticism about its authenticity. Meanwhile, Ghana is set to introduce its central bank digital currency, the eCedi, by 2025, aiming to improve financial accessibility. Additional updates include MiniPay winning a Web3 Award at the Africa Tech ...
Nestled two hours from El Salvador’s capital, the town of Berlín is home to about 20,000 residents and one of the world’s largest Bitcoin circular economies. Here, local businesses—from fruit vendors to motorcycle repair shops—accept Bitcoin, making it possible to cover daily expenses using the cryptocurrency. Unlike the tourist-heavy Bitcoin Beach, Berlín is primarily driven ...
R3 has partnered with IDEMIA Secure Transactions to enhance offline payment options for Central Bank Digital Currencies (CBDCs). This collaboration aims to improve accessibility and functionality for digital currencies, allowing transactions to occur seamlessly both online and offline. R3’s Digital Currency platform offers programmable digital money solutions to central banks and financial institutions, utilizing the ...
