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Bank of Korea to Launch CBDC Payment Trial in Supermarkets

South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC)…

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World Banking Giants Join Project Agora to Reengineer Cross Border Payments

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective…

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Qatar Financial Centre Activates Digital Assets Lab

Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan,…

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Flowcarbon Refunds Investors After Delays in Carbon Credit Token Launch: Report

Former WeWork CEO Adam Neumann’s climate tech startup Flowcarbon has reportedly started refunding investors after failing to launch its much-anticipated Goddess Nature Token (GNT). According to a Forbes report from…

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State Street Partners With Taurus to Boost Digital Asset Services

Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive…

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Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible…

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Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations

The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which…

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Former NBA Star Scottie Pippen to Tokenize Legendary Chicago Bulls Ball

Scottie Pippen, a former Chicago Bulls’ small forward, 6-time NBA champion, and 2-time Olympic Gold medalist, has announced the tokenization initiative for a historic ball. Pippen alleges that he had…

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Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain…

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