Archives for: December 17th, 2021

HSBC and IBM pilot CBDC settlement overseen by France’s central bank

Written by: ( December 17, 2021 )

HSBC and IBM announced on Thursday the successful testing of an advanced token-and-digital wallet settlement between central bank digital currencies (CBDC) in a cloud environment. The transaction included transactions between CBDCs and forex. The distributed ledger that enabled the transactions was facilitated by IBM’s Hyperledger Fabric as well as enterprise technology provider R3 Corda. As […]

The IMF’s chief economist wants a global cryptocurrency policy

Written by: ( December 16, 2021 )

Gita Gopinath, chief economist of the International Monetary Fund (IMF), is calling for a global strategy that will regulate cryptocurrency rather than ban it. Gopinath, who will soon be the group’s deputy managing director, proposes a global policy. She argued that if countries ban cryptocurrency, they wouldn’t have any control over foreign exchanges that aren’t […]

Pragmatic Play launches last online slot machine of the year

Written by: ( December 15, 2021 )

Pragmatic Play has launched its final online slot release of the year, Crystal Caverns Megaways. This will take players on a journey to a frozen paradise home filled with precious gems and glittering icicles. The game is set in an underground cave where icy stalactites hang from ceilings and protrude from walls. It uses a […]

Cyprus financial leaders want to accelerate attention to cryptocurrency

Written by: ( December 14, 2021 )

Cyprus is taking steps to regulate cryptocurrency, with the country’s finance ministry publishing a national risk assessment about cryptocurrency. The official documentation, published December 13, provides a risk assessment of the Republic of Cyprus on money laundering risks associated with virtual asset activities and virtual service providers (VASPs). The Minister of Finance of Cyprus stated […]

Tether is now an official currency in Myanmar

Written by: ( December 13, 2021 )

The National Unity Government of Myanmar (NUG), a shadow government led by Aung San Suu Kyi’s supporters, has made the US dollar-based stablecoin Tether (USDT) an official currency for its local use. The cryptocurrency’s acceptance is meant to help the government combat what it calls the illegal control of the military. Bloomberg reports that the […]

SOFTSWISS launches first-ever global jackpot aggregator

Written by: ( December 10, 2021 )

The SOFTSWISS Jackpot Aggregator announced its first global jackpot launch. The new iGaming slot machine option could revolutionize interaction and lead to even larger payouts than some of the top progressive slots now. Some of these have payouts above $10 million. The global jackpot pool is progressive. This allows for more reach and engagement by […]

UK lawmakers don’t want cryptocurrency investments to be called investments

Written by: ( December 9, 2021 )

According to the head of the Financial Conduct Authority (FCA), the agency expects new powers to regulate crypto advertisements. The UK’s Members of Parliament (MPs) have asked the FCA to restrict the use of “invest” and the “investment” words by cryptocurrency firms for promotional purposes. According to a Thursday report in The Times, MPs on […]

Push Gaming pushing new online slots into Romania

Written by: ( December 8, 2021 )

Push Gaming’s portfolio of player-first online gaming games has been made available to players in Romania, following accreditation by the Oficiul NaĊ£ional Pentru Jocuri De Noroc (ONJN), the country’s regulator. This achievement continues its “record-breaking” 18-months of commercial success. This announcement comes on the heels of Push’s Fire Hopper release. The regulator praised the Romanian […]

Craig Wright wins Bitcoin court case worth billions of dollars

Written by: ( December 7, 2021 )

Craig Wright, the Australian computer science researcher who claims to have created Bitcoin, won a civil lawsuit against the family of a deceased business partner. The family claimed it owned half the cryptocurrency fortune of tens and billions of dollars. A jury in Florida, FL, found Monday that Wright did not owe half 1.1 million […]