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Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation

October 29, 2022 0

The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU

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Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism

October 29, 2022 0

Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular classes again. Toda City Is Battling Absenteeism With Metaverse Tools The […]

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Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

October 29, 2022 0

Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in the naira’s parallel market exchange rate versus the U.S. dollar dropping to a new low of N781:$1. Redesigning Currency a Global Best Practice The […]

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Bitcoin ATMs Increase in Number in Moscow, Russia

October 29, 2022 0

The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More Crypto ATMs Installed in […]

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Visa Files Trademark Applications Covering a Range of Cryptocurrency Products, Including Crypto Wallet

October 29, 2022 0

Payments giant Visa has filed two trademark applications covering a wide range of cryptocurrency products and services, including its own crypto wallet. The filings also mention crypto transaction management and non-fungible tokens (NFTs). Visa’s New Trademark Applications Visa has filed two trademark applications with the United States Patent and Trademark Office (USPTO).

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Elon Musk Takes Control of Twitter, Fires CEO and CFO — Says He Buys Twitter ‘to Help Humanity’

October 29, 2022 0

Tesla and Spacex CEO Elon Musk has completed the acquisition of Twitter Inc. and reportedly fired the company’s CEO and CFO. “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” he said. “There is currently great danger that social media will splinter […]

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Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

October 28, 2022 0

Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve. […]

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LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3

October 28, 2022 0

PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management. In the future, LD Capital’s investment in the field of Web3 will mainly focus on the Ethereum ecosystem, new public […]

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Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition

October 28, 2022 0

After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparent devaluation of the Egyptian pound met a key condition set by the International Monetary Fund (IMF) before it eventually approved a $3 […]

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Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series

October 28, 2022 0

As fans prepare for game one of the World Series between Major League Baseball’s (MLB) Philadelphia Phillies and the Houston Astros, the candy and collectibles firm Topps released the company’s 2022 NOW MLB Postseason non-fungible token (NFT) collection. The MLB Postseason NFT collection is being released in three drops via the Topps NFT marketplace. Topps […]