Auto Added by WPeMatico

Nifty News: Royalty-enforcing NFTs a ‘new asset class,’ South Korea buys NFTs with CBDC, and more

The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to…

Continue ReadingNifty News: Royalty-enforcing NFTs a ‘new asset class,’ South Korea buys NFTs with CBDC, and more

China floats idea of ‘Asian yuan’ to reduce reliance on US dollar

The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.

Continue ReadingChina floats idea of ‘Asian yuan’ to reduce reliance on US dollar

SWIFT partners with Chainlink for cross-chain crypto transfer project

The project will connect SWIFT's network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network.

Continue ReadingSWIFT partners with Chainlink for cross-chain crypto transfer project

BIS marks CBDC pilot as ‘successful’ with $22M transacted

Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.

Continue ReadingBIS marks CBDC pilot as ‘successful’ with $22M transacted