Tag: Platform

Russian gov’t working on stablecoin settlement platform between friendly nations: State media

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Russia’s Finance Ministry has reportedly begun working with the governments of “friendly” nations to establish a cross-border stablecoin-based payments platform.  According to a Tuesday report from Russia state-owned news agency TASS, Deputy Finance Minister Alexey Moiseev said the government was looking to create the settlement platform to avoid the use of U.S. dollars and euros. The finance minister reportedly said the Russian government would need to impose additional regulations to enact the platform between itself and friendly nations — possibly including China, Belarus and North Korea. “We offer mutually acceptable…

LG Launches NFT Platform With Hedera Blockchain

South Korea-based digital manufacturer LG Electronics has launched a new NFT platform in collaboration with Hedera blockchain. The platform LG Art Lab will allow users to buy, sell and put up digital art or non-fungible tokens (NFTs) on their television sets, the company announced. While Swiss-based Tag Heuer became the first watchmaker in June to announce a tool to allow watch owners to display NFTs on their smartwatches, the Seoul-based television company has become another top company to add value to the NFT space with this new mew move. The company…

FIFA to Launch NFT Platform for Soccer Fans – Bitcoin News

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The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of Association Football (FIFA) is preparing to open its new platform for non-fungible tokens (NFTs) later this month. At the start, FIFA+ Collect will release a range of initial collections of tokens and unveil details about…

Robinhood Lists Cardano On Platform, ADA Price To Trend Higher?

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Popular U.S. brokerage platform Robinhood has listed Cardano (ADA) for its customer. Users will be able to trade the cryptocurrency starting today and gain exposure to its spot price. According to the announcement, Robinhood listed Cardano due to popular demand. The cryptocurrency has been a retail favorite for years and has managed to make its way into the crypto top 10 by market capitalization. Over the past months, Cardano (ADA) has moved between the third to the eighth most valuable cryptocurrency on the planet. At its high, ADA’s price was…

New Global CBDC Platform Could Cut Payment Costs, IMF Says

“The worry is that the longer this takes, the more national authorities will get locked into differing regulatory frameworks,” Aditya Narain, deputy director of the IMF’s monetary and capital markets department, wrote in a paper. He called for a global response to be coordinated, consistent and comprehensive, to cover “all actors and all aspects of the crypto ecosystem.” Source

Billionaire Sam Bankman-Fried Says FTX Crypto Platform Has No Plans To Acquire Rival Exchange Huobi

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FTX chief executive Sam Bankman-Fried says his firm has no plans to acquire Seychelles-based crypto exchange platform Huobi. Bloomberg reported earlier this month that Huobi founder Leon Li was in talks with investors to sell his roughly 60% stake in the company. Anonymous sources “familiar with the matter” told Bloomberg that Sam Bankman-Fried and Tron founder Justin Sun were among the people who showed interest in purchasing the shares. Sun, however, promptly denied “engaging in any matters” relating to the Bloomberg story. The Huobi corporate Twitter account responded to Sun’s…