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The Central Bank of the Bahamas ‘Sand Dollar’ pilot has reportedly expanded to the island of Abaco.
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The blockchain for the Marshall Islands SOV will be built using Algorand technology. The SOV will circulate alongside the US dollar.
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Good summary of recent thinking on central bank digital currency (CBDC) by the Bank for International Settlements (BIS).
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Microsoft is working on a Sidetree-based DID network, called ION (Identity Overlay Network) which runs atop the Bitcoin blockchain based on an emerging set of open standards that they developed with the Decentralized Identity Foundation.
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Investors in Grayscale’s Bitcoin and Ethereum Trusts are feeling the sting of exceptionally high premiums. But with rates reaching as high as 426% for Ethereum, are they justified in exchange for security and exposure?
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The Dubai International Financial Center and Mashreq Bank launched a blockchain-based data-sharing platform that will facilitate faster and easier know-your-customer processes that will allow licensed businesses and corporates opening digital bank accounts instantly.
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National Bank of Fujairah PJSC announced a partnership with Ripple and their plans to use RippleNet for cross-border remittance payments for Indian customers. The bank will be partnering with Indian bank Indus Ind Bank.