Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi Platform to Enable Large-Scale Commercial Operations According to a report published by the news outlet Interfax, state-owned financial services company Sberbank, based in Moscow, plans to launch a decentralized finance (defi) application. The platform is currently undergoing closed beta testing, according to Konstantin Klimenko, Sberbank’s blockchain laboratory product director. “We have set…

Russia’s Sberbank plans to launch DeFi platform on Ethereum

Russia’s largest bank Sberbank is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months. Sberbank expects to launch open trials of its DeFi platform by May 2023, Sber’s Blockchain Lab product director Konstantin Klimenko announced, the local news agency Interfax reported on Feb. 3. Currently being tested in private beta, Sberbank’s upcoming DeFi platform will be fully open by the end of April, enabling users to conduct the first commercial transactions, Klimenko said. The exec noted that the…

Russia’s Sberbank plans to launch DeFi platform on Ethereum

Russia’s largest bank, Sberbank, is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months. Sberbank expects to launch open trials of its DeFi platform by May 2023, Sber’s Blockchain Lab product director Konstantin Klimenko announced, the local news agency Interfax reported on Feb. 3. Currently being tested in private beta, Sberbank’s upcoming DeFi platform will be fully open by the end of April, enabling users to conduct the first commercial transactions, Klimenko said. The executive noted that the…

Indonesia targets launch of its national crypto exchange by June

Indonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange by June this year, six months after its previous target of December 2022. Trade Minister Zulkifli Hasan shared the new target launch date on Feb. 2 at the opening of Crypto Literacy Month in Jakarta, noting that the government is currently reviewing which companies meet their criteria to become part of the exchange, according to local reports. Trade Minister Zulkifli Hasan. Source: Owntalk.co.id There are five active crypto exchanges which are currently registered with the country’s…

Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players – Metaverse Bitcoin News

Okx, one of the largest cryptocurrency exchanges in the market, has announced the launch of its soccer-focused metaverse experience, called the “Okx Collective.” The immersive experience will include Jack Grealish, Rúben Dias, Ilkay Gündoğan, and Alex Greenwood, stars from Manchester City, the reigning champion of the Premier League. Okx To Launch Okx Collective Metaverse Sports clubs and their players are more and more inclined to tailor metaverse platforms to offer new immersive experiences to fans. Okx, one of the biggest cryptocurrency exchanges by volume traded, will launch its own metaverse…

Israel’s Web3 Powerhouses Unite to Launch Inaugural ETHTLV

Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run from February 1 to 9 in Tel Aviv. The inaugural event aims to invigorate the country’s thriving startup community, establish the community’s foothold in the global web3 scene, and discuss the steps web3 must take to onboard the next billion users. Attendees of the week-long series will learn from serial entrepreneurs who have forged businesses and become authorities in the web3 space, including: ConsenSys: a market-leading blockchain technology company founded by Ethereum co-founder…

60 Organizations Launch Campaign Urging US Congress to Protect Privacy – Privacy Bitcoin News

On Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., and the Tor Project, insist that Congress needs to deliver policies dedicated to standing up for privacy. Campaign Urges Lawmakers to Take Bold Stance on Pro-Privacy Policies A new campaign, launched by 60 organizations, carries the slogan “Tell Congress to protect privacy.” The groups are calling for the United States…

Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion – News Bitcoin News

Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of 13 cryptocurrencies to make payments to local merchants. Brazil Receives Binance Prepaid Card Binance, a leading cryptocurrency exchange by volume traded, announced on Jan. 30 the launch of its Binance card in brazil, a product that will allow crypto users to make payments in crypto to legacy merchants. The…