Tag: digital

[ad_1] The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE) and...

[ad_1] The heated debate about introducing a central bank digital currency (CBDC) in the western world continues with fervor in 2023. Whilst many nations see great potential in digital fiat, several remain hostile or at least indifferent. Despite the UK being touted as being more crypto-friendly since the premiership...

[ad_1] Crypto conglomerate Digital Currency Group, or DCG, are under investigation by the United States Department of Justice’s Eastern District of New York (EDNY) and the Securities and Exchange Commission (SEC), according to a Bloomberg report.  The authorities are digging into internal transfers between DCG and its subsidiary crypto...

[ad_1] The buyback program starts January 2023 and DEA will continuously buy back DEAPcoin tokens ($DEP) worth up to 40% of their sales, excluding those on their Playmining platform. SINGAPORE, January 5, 2023 — Singapore-based global Web3 entertainment company and operator of the PlayMining GameFi platform, Digital Entertainment Asset...

[ad_1] Singapore, December 14, 2022 — Digital Entertainment Asset (DEA), operator of the PlayMining NFT gaming platform, has raised a US$10 million investment from LA-based LDA Capital, a global alternative investment group. The announcement comes less than a month after receiving a minority investment from Rakuten Capital, the corporate...

[ad_1] The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto as a technology or long-term investment. DCG’s problem is one of failure by regulators...

[ad_1] Singapore, November 17, 2022 — Digital Entertainment Asset (DEA), a Singapore-based global Web3 entertainment company that operates the PlayMining NFT gaming platform, has announced a business alliance with TV Tokyo Corporation. TV Tokyo Corporation, operator of the TV Tokyo television station, has agreed to a business collaboration with...

[ad_1] The Federal Reserve Bank of New York’s Innovation Centre (NYIC) in partnership with some US banking giants has kickoff a three-month digital dollar proof-of-concept (PoC) project. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital...

[ad_1] Digital asset platform Bakkt has entered into an agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. According to the agreement, Bakkt is expected to acquire Apex Crypto for the price tag of $200 million, making its first payment of $55 million at the closing of the deal. The...

[ad_1] Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan. He outlined the progress and the adoption of the national digital currency. During his speech, Yi noted that the digital...