G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System

The FSB, a G20-backed think tank, has cited the duo of government-issued CBDCs and stablecoins as key drivers in the pursuit of better cross-border payments.

Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation

The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future.

Cardano’s Alonzo hard fork was a success but real utility could be a while

After the market “sells the news” after the successful Cardano Alonzo hard fork, there is a slow realization that real utility could still be on the distant horizon for the network. Cardano (ADA) reached a major milestone in its roadmap on Sep.

CBDCs could cut cross border remittance costs by half: BIS report

The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed. The Bank for International Settlements (BIS) has published a report touting the benefits of central bank digital currencies (CBDCs), especially in reducing the cost of cross-border payments.According to the report titled: "Inthanon-LionRock to mBridge: Building a multi CBDC platform for international payments" published on Tuesday, CBDCs can reduce the transaction throughput of cross-border payments from between three to five business days to only a few seconds.The stated claim is part of the conclusions drawn from phase two of Project Inthanon-LionRock involving the central banks of China, the United Arab Emirates and the Hong Kong Monetary Authority.“The prototype demonstrates a substantial increase in cross-border transfer speed from days to seconds, as well as the potential to reduce several of the core cost components of correspondent banking,” the report stated.As stated in the report, a PwC estimate based on the results of the phase two prototype showed a possible 50% reduction in the cost of cross-border payments.The BIS report also stated that the speed and cost benefits of CBDCs can even be more significant among jurisdictions where robust correspondent banking relationships are non-existent.With phase two completed, the project now dubbed mCBDC Bridge will move into the third phase which will involve further pilot studies as well as the creation of a possible roadmap for large-scale testing.Related: IMF, World Bank and BIS champion central bank digital currencies at G20The mCBDC Bridge project is one of many multi-central bank digital currency projects as the emphasis appears to be shifting towards more collaboration in the area of national digital currencies.As previously reported by Cointelegraph, Australia, Malaysia, Singapore, and South Africa recently announced a joint CBDC initiative.These collaborative efforts a

Crypto Market Is ‘Development Vector’ of Nation’s Digital Economy, Ukraine President Says

President of Ukraine Volodymyr Zelensky has highlighted the importance of launching a legal digital assets market in his country during a working visit to the US The Ukrainian head of state met with top investors including from the cryptocurrency industry.

Bali Social Integrated – The Power of Blockchain and Tourism 2.0

The success of any project depends upon the roadmap it takes to achieve its milestones.

Kraken Donates to Ethereum Foundation, PAX Becomes USDP + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Crypto exchange Kraken has announced they will donate USD 250,000 to the Ethereum Foundation to support developer teams working to achieve critical milestones on the Ethereum (ETH) roadmap.

GameFi Farsite MMO Follows the Roadmap With Star Map Release

SUPERNOVAE team, creators of MegaCryptoPolis, implementing their broad expertise from the development of the famous decentralized city builder game, publishes the Star Map update, their first major release on the new project – the space-themed DeFi powered MMO strategy called Farsite.

Fitch's Warning for El Salvador, 'Concerning Regulatory Roadmap' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Ratings agency Fitch Ratings warned against the potential negative consequences of El Salvador adopting bitcoin (BTC) to its financial institutions and insurance sector.

Retail Giant Walmart Hiring ‘Cryptocurrency Lead’ to Develop Digital Currency Strategy and Products

Walmart, the world’s largest retailer, is hiring a “digital currency and cryptocurrency product lead.” The company says it “enables broad set of payment options for its customers” and is developing a “digital currency strategy and product roadmap.” Walmart Developing Crypto Strategy and Product Roadmap Retail giant Walmart posted a job opening for a “digital currency […]

NBA Top Shot to Sell NFTs In-Person at Summer League Games

Dapper Labs CEO Roham Gharegozlou shares new details about the crypto collectibles platform’s roadmap ahead.

ElonPeg Launches BSC Token With Gamified Prediction Platform Planned

Disclaimer: The text below is a press release that was not written by Cryptonews.com. ELONPEG, the first social media pegged token on the Binance Smart Chain, has announced their updated Q3/Q4 roadmap as part of Project MESA (Make ElonPeg Sexy Again).

Radix Announces Mainnet Launch, Representing an Important Milestone in the DeFi Industry

Radix, the Platform for Smart Money, today announced the launch of the Radix Public Network (“mainnet”).  The “Olympia” release represents the next, deliberate step on the planned roadmap to a frictionless financial future, bringing with it the world’s only “Single Sign-On for Compliance.” Over the past 4 months, Radix has seen more than 400% growth in token holders and an 81% increase in market cap.

Cardano's Hoskinson on the next two months: Expect a lot of...

Based on historical price action, Cardano has been surging to new highs, with tons of hype around its ongoing developments that include the 3rd stage of its development roadmap, Goguen.

Amazon’s Payment Team Hiring Digital Currency Expert to Develop Cryptocurrency Strategy and Products

Amazon’s Payments Acceptance & Experience team is hiring a digital currency and blockchain expert to develop the company’s digital currency and blockchain strategy and product roadmap, including a launch strategy. “

Amazon seeks new exec to oversee digital currency strategy

The new Amazon position requires a deep understanding of the digital currency and cryptocurrency ecosystems and related technologies. Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.Amazon’s payments acceptance and experience team is seeking a digital currency and blockchain product lead to develop the company’s strategy of digital currency and blockchain as well as a product roadmap.

Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024

Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration.

VeChain Foundation Reveals Roadmap To PoA 2.0, Major Bullish Catalyzer?

VET has seen a 5.7% profit in the daily chart after the VeChain Foundation (VF) published the roadmap for the Proof-of-Authority (PoA) 2.0.

MakerDAO to dissolve Foundation and become truly decentralized again

MakerDAO plans to complete its roadmap to decentralized governance with the dissolution of its foundation in the coming months. Pioneering decentralized finance protocol, MakerDAO, has announced its foundation will formally dissolve in the coming months, marking one of the final milestones in the protocol’s roadmap to decentralized governance.A July 20 blog post describes Maker’s decentralized autonomous organization, or DAO, as now being “fully self-sufficient” — with its globally distributed community “now responsible for every aspect of the Maker protocol.”“Complete decentralization of Maker means that future development and operation of the Protocol and the DAO will be determined by thousands or perhaps millions of engaged, enthusiastic community members, all determined to extend the benefits of digital currency to people across the globe.”The post’s author, Maker Foundation CEO, Rune Christensen recounts highlights from the project’s six-year journey, with Christensen having first revealed his plans in a Reddit post detailing his vision for an Ethereum-back stable token dubbed “eDollar” during March 2015.The Maker Foundation was created as a non-profit tasked with overseeing the project's development and funding in September 2018, reportedly at the behest of its early investors.

Here's Ethereum's roadmap to $2,500

Ethereum's price has been quite bullish over the past two weeks.

IEO of SOLANAX is Starting - Get Ready To Book Solanax Token Today!

Disclaimer: The text below is a press release that was not written by Cryptonews.com. There are very few cryptocurrency projects that offer real value to the community and have a clearly defined roadmap, and Solanax is one of those.

Cardano: This region has the potential to trigger a breakout

Cardano's roadmap towards its Alonzo mainnet includes a gradual transition from color-coded testnets but the same has been facing issues lately.

Hong Kong Lists CBDC Development as Strategy Fintech 2025 Roadmap

The Hong Kong Monetary Authority has enlisted its e-HKD development as part of its Fintech 2025 strategy.

Chinese government agency issues blockchain development roadmap

China’s “blockchain not crypto” stance continues as one government agency publishes guidelines to accelerate the adoption of tokenless blockchain solutions. China’s Office of the Central Cyber Security and Information Committee of the country’s Ministry of Industry and Information Technology (MIIT) has identified four essential application areas for blockchain adoption.The MIIT’s five-point agenda for blockchain adoption was part of a document issued on Monday detailing guiding opinions to accelerate the promotion of the emerging technology for industrial development.As previously reported by Cointelegraph, China’s President Xi Jinping previously called for rapid blockchain adoption back in October 2019.Presenting its argument for blockchain adoption, the MIIT document described the novel tech as “an important part of the new generation of information technology.” According to the IT ministry, blockchain is among a raft of new innovations like big data and artificial intelligence that are critical to China’s continued progress.The MIIT document listed the economy, finance, industrialization and public services as the main focus for blockchain development in the country.According to the MIIT publication, traceability, data sharing and supply chain management are some of the use cases for blockchain that could have a significantly positive impact on the real economy.In the area of finance, the MIIT publication called for the promotion of a greater intersection between blockchain and other emerging technologies like cloud computing, AI and the internet.The MIIT’s proposal for blockchain adoption for public utilities also included concepts like smart cities and the utilization of the novel tech in government services.

Hoard Marketplace Goes Live on Ethereum Mainnet

As promised on its development roadmap for 2021, Hoard Exchange launches its NFT Marketplace on the Ethereum Mainnet today, May 26th.

YFDAI Releases Robust Roadmap Update for 2021

YFDAI (YF-DAI) has updated its 2021 roadmap on the heels of launching the SafeSwap Governance Token, SSGT.

Kazakhstan’s government to create roadmap for developing crypto market

Kazakhstani authorities plan to improve their regulatory approach in order to strengthen the country’s position in the global crypto market. Kazakhstan’s government forming a roadmap to stimulate the development of the cryptocurrency industry and blockchain technology in the country. State authorities have reviewed proposals to address the crypto industry's development and reconsider the state’s approach to regulating crypto operations, according to a Tuesday announcement on the website of the Prime Minister of Kazakhstan. Officials have proposed to run crypto exchanges via a major national financial hub, the Astana International Financial Centre.

PayPal says its crypto efforts are producing 'really great results' on earnings call

PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system. During PayPal's Quarter 1 2021 investor update call, president and CEO, Dan Schulman said digital assets had performed strongly for the company and that he believes crypto and central bank digital currencies will be a driving force in forging “a more equitable financial system.” Following the success of PayPal’s move to embrace crypto assets, much of the call centered around the firm’s recent and future plans for digital assets. “We believe the current technological underpinnings of our financial system will be substantially upgraded over the coming years,” Schulman said, adding this would help efforts to recover from the pandemic: “Both cryptocurrency and central bank-issued digital currencies can play a critical role in shaping a more inclusive recovery and a more equitable financial system.” The CEO stated the payments provider has an extensive crypto roadmap planned, noting its digital asset innovations will be pursued “in partnership with governments and in compliance with local, national and global regulatory frameworks.”  “We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” he added. The firm’s shares rose by more than 5% on Wednesday, April 5 in response to the earnings update, after PayPal revealed its per-share earnings had outperformed expectations by more than 20%, coming in at $1.22 each adjusted.

Polkadot parachains full of promise, but lack of launch date raises concern

The parachain slot auctions are the next big milestone due on the Polkadot roadmap.

Blox Staking ushers in new phases of the Ethereum 2.0 Roadmap

Ethereum launched in 2015 following its proposal in 2013 by Vitalik Buterin, and a subsequent crowdfunding drive in 2014.

Raise a PINT to Polkadot’s new index token: Six top projects sign up

Six of Polkadot’s top projects have already put their hands up to feature in the Polkadot Index Network Token and sit on its Constituent Council. The source code for the upcoming Polkadot Index Network Token, or PINT, has been made public, with half a dozen projects putting their hand up to be included in the index. The project has outlined a four-phase roadmap that it expects to culminate in mainnet launch within three months. According to an April 14 announcement, six of Polkadot’s leading projects have already given “soft commitments” for inclusion in the index, including Acala Network, Equilibrium, HydraDX, Litentry, Moonbeam, and Plasm. The PINT token seeks to offer investors balanced exposure to the emerging Polkadot ecosystem, hedging the volatility of individual projects against the broader performance of the sector.

Grayscale publishes roadmap for turning its products into crypto ETFs

The company is renewing its push for a US ETF but offered no specific guarantees or promises. After several attempts in previous years, Grayscale has renewed its push to release a Bitcoin exchange-traded fund on American asset markets.

Thailand's Central Bank announces CBDC testing plans for Q2 2022

It would seem that Thailand has jumped on to the Central Bank Digital Currency bandwagon after it issued a press release on Friday calling for public feedback on its proposed CBDC roadmap.

Bank of Thailand to begin central bank digital currency tests in 2022

Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years. The Bank of Thailand has set its agenda for a retail central bank digital currency with preliminary testing protocols scheduled to begin in Q2 2022. Thailand’s central bank made this known in a press release issued on Friday calling for public comments on the proposed CBDC roadmap.

Crypto.org Chain Mainnet Is Live: 20% PA Staking Rewards With Strong Product Roadmap

Leading international cryptocurrency trading hub Crypto.com has launched its Crypto.org Chain mainnet with Crypto.org Coin (CRO) as its native currency on March 25, 2021.

New partnerships send Holo (HOT), Wanchain (WAN) and Origin Protocol (OGN) higher

Surprise NFT drops, new partnerships and sticking to the project development roadmap are the primary factors behind the rally in Holo, Origin Protocol and Wanchain. On March 30 PayPal president and CEO Dan Schulman told Reuters that the online payment giant will allow its US consumers to pay with cryptocurrencies when they transact with millions of its global merchants.

Digital ruble is ‘highest form of money’, Russian Bitcoin critic says

The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, believes that the country’s not-yet-launched digital currency is the “highest form of money.” In a Monday interview with state media RT, Aksakov expressed optimism about Russia’s upcoming central bank digital currency, predicting that a digital ruble will become an integral part of national settlements in two or three years. Aksakov said that the Bank of Russia expects to finalize a digital ruble prototype by the end of 2021, and plans to issue a development roadmap in the near future.

Crypto.org Chain Mainnet Is Live : 20% p.a. Staking Rewards With Strong Product Roadmap

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Leading international cryptocurrency trading hub Crypto.com has launched its Crypto.org Chain mainnet with Crypto.org Coin (CRO) as its native currency on March 25, 2021.

Ardor’s BridgeChamp Project Announces Launch Roadmap

[Press Release – Lugano, Switzerland, 24th March, 2021, // ChainWire //] Jelurida Swiss SA is pleased to announce the publication of the launch roadmap for one of its flagship applications, BridgeChamp.

Hathor Network, $HTR Live on KuCoin, Has Just Released Exciting News: The Detailed 2021 Roadmap

PRESS RELEASE. Hathor Network ($HTR, live on KuCoin) has just released exciting news: The detailed 2021 Roadmap.

Brave unveils plans for DEX aggregator and NFT wallet in next browser

Crypto-native web browser Brave has unveiled plans for a new wallet boasting an integrated DEX aggregator and NFT functionality. Crypto-powered web browser, Brave, has unveiled its “Roadmap 2.0” — laying out plans for an integrated DEX aggregator and non-fungible tokens support.. Brave’s new roadmap highlights the company’s desire to integrate DeFi functionality in its wallet and explore scaling solutions for the project. Brave’s new Ethereum-native wallet will support “DeFi and NFT use-cases,” in addition to introducing mobile support and enhanced API functionality. The planned DEX aggregator will seek to reward BAT token holders, offering discounts to users that pay for transaction fees in BAT or hold the token in their wallets. Brave is targeting support for assets across multiple chains, noting it will consider both layer-one and layer-two scaling solutions to mitigate the high fees associated with using the Ethereum mainnet. Brave also hopes to expand the utilities of BAT throughout the decentralized web, including building support for the token in the context of e-commerce, VPNs, search engines, and file sharing. The team says it will expand efforts to engage with its community, including hosting regular AMAs with its team members, launching the “BAT Ambassadors program,” and translating content into a wider array of languages. Since launching in October 2017, Brave has attracted more than 8 million daily active users and 25 million users monthly, with its user base having doubled in 2020.

Polkadot’s roadmap for full launch fuels rally to all-time highs

There is now a clear path to finally using Polkadot, but issues with the testnet suggest there may be delays. The Polkadot (DOT) project released a detailed roadmap on Monday for the highly-anticipated rollout of parachains and slot auctions, which should mark the full launch of the protocol. The roadmap is divided into three main stages.

TrueFi’s Reveals Comprehensive New Roadmap as $50 million TVL Milestone Approaches

The TrueFi protocol has only been around for a couple of months and its arrival is already being felt across the DeFi landscape.

Eth 2.0 Development: Next Steps to Upgrade and Diversify

Christine Kim and Will Foxley discuss with Ethereum Foundation researcher Danny Ryan the roll-out of the Ethereum 2.0 development roadmap, starting with the launch of phase 0 and the Beacon Chain.

Bitcoin News Roundup for Feb. 4, 2021

With ether breaching another all-time high and payments giant Visa expanding its digital currency roadmap, CoinDesk’s Market Daily is back with the latest news roundup.

Speed vs quality? Ethereum 2.0 optimism is high, but the road is long

The foundation was laid for Ethereum 2.0 in 2020, and expectations are positive for the future of the smart contract platform in 2021. Ethereum has consistently followed a roadmap for its continual evolution to a proof-of-stake consensus protocol, and 2020 saw the groundwork for Ethereum 2.0 soundly laid.

Crypto Project That Surged 931% Since November Unveils Ambitious Roadmap for Year Ahead

A decentralized finance asset that soared 931% in a span of a few months is revealing its lofty roadmap for 2021.

Sushiswap reveals ambitious 2021 roadmap

In a reveal that set cryptotwitter ablaze, Sushiswap lays the foundation for a strong 2021 After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021. Key forthcoming developments include multiple examples of some of the most complex and advanced functionalities in the DeFi space, including a cross-chain DEX that will be enabled by Rune and Moonbeam, an implementation on the Polkadot chain, and a fully decentralized governance structure by the end of 2021. The post also provided updates on previously-announced projects, including a v2 launch called Mirin and a mid-January target date for the launch of BentoBox, a forthcoming lending product. There were also hints at a possible forthcoming rebrand.

SushiSwap's roadmap for 2021 reveals integration with Polkadot

SushiSwap released their roadmap for 2021 earlier today, which has been widely anticipated by many in the community. The price of SushiSwap’s native token $SUSHI surged over 15% in the past 24 ho The post SushiSwap's roadmap for 2021 reveals integration with Polkadot appeared first on AMBCrypto.

Cardano Project Catalyst fund3 launches with $500k

Project Catalyst, the first stage of Voltaire roadmap has been kicked-off as IOHK announced the launch of a $500,000 fund for the next step.

Australia's crypto ecosystem 2020: The spark for a DeFi explosion

The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector. For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain.

When will Ethereum 2.0 fully launch? Roadmap promises speed, but history says otherwise

The new Ethereum 2.0 roadmap review: What updates have been added, and how soon can they be implemented? On Dec.

Vitalik Buterin outlines next steps for Ethereum after Beacon Chain launch

A lot of the work is done in parallel, meaning scalability is closer than it seems. Following the successful launch of Ethereum 2.0 Phase 0 — the first concrete step in building the next iteration of the protocol — Ethereum co-founder Vitalik Buterin published an updated roadmap of what comes next for the project. The current development of Ethereum 2.0 is generally divided into phases.

ZK International Subsidiary xSigma Launches DeFi Project Roadmap

[PRESS RELEASE – Please See Disclaimer] As a subsidiary of ZK International Group (NASDAQ:ZKIN), xSigma Corporation was established in 2018 as a research and development lab to explore the utility of blockchain technology in solving real-world challenges.

ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract

This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change.