Canada Pauses CBDC Project Following Public Disinterest
In an era where digital currencies are rapidly gaining traction, Canada’s central bank has decided to halt its Central Bank Digital Currency (CBDC) initiative. This decision comes after extensive public consultations and research, revealing a significant lack of interest from…
Bitcoin Drops Below $60K as Economic Concerns Mount
Bitcoin has seen a significant decline, dropping 4.1% between September 15 and 16, bringing its price down to $57,595 after failing to breach the critical $60,000 resistance level. This decrease has erased gains made earlier in the month, specifically on…
Major Banks Collaborate on New Digital Currency Platform
In a significant development within the financial sector, forty of the world’s leading commercial banks have initiated a digital currency pilot program known as the Agora project. This collaboration, which includes the New York Federal Reserve as well as central…
Senators Call for Action to Tackle Bitcoin ATM Scams
The rise of cryptocurrency has brought with it a series of challenges, notably in the area of fraud. Recently, a group of U.S. Senate Democrats has called on major Bitcoin ATM operators to enhance their efforts in preventing scams, particularly…
