Mastercard has initiated a CBDC innovation program, collaborating with initial partners such as Ripple and ConsenSys, in a move

18 Aug 2023, 16:02
πŸ’³ Mastercard has initiated a CBDC innovation program, collaborating with initial partners such as Ripple and ConsenSys, in a move aimed at advancing digital currency solutions in the global payments landscape. πŸ€– SEC Chairman Gary Gensler has broadened his regulatory attention from cryptocurrency to the realm of artificial intelligence (AI), marking an unforeseen transition after years of the Securities and Exchange Commission's concentrated supervision on the crypto sector. πŸ‡ΈπŸ‡» Crypto-adoption in El Salvador: In El Salvador, young students are being educated in the fundamentals of conducting Bitcoin transactions, with the Bitcoin Beach group making regular visits to schools to impart knowledge on cryptocurrency handling. πŸ‹ After a dormancy of 13 years, A significant Bitcoin whale has reemerged, transferring 1,005 BTC (equivalent to approximately $29 million). The coins involved in this transaction were originally mined in 2010, when they held a value of around $328.