Bank of England opens applications for ‘proof of concept’ CBDC wallet
The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.
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Microsoft Working to Bridge Its Services With the Metaverse
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was…
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology
A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency.…
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this…
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The…