The Japanese IT giant Fujitsu is to embark on a blockchain technology-powered payment project at a major new commercial center in Saitama, some 30km from Tokyo.
Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform.
Banque de France disclosed the results of its experimental program to use CBDC to exchange and settle tokenised government bonds.
Advancing its project to become “a metaverse company,” Facebook unveiled a plan to rollout some 10,000 new high-skilled jobs across the EU over the next 5 years.
Chinese companies are still topping the blockchain patents charts – despite Beijing’s recent crackdown on crypto and some of the nation’s biggest tech firms.
Within a little more than a year, Celo aims to become the fastest among EVM-compatible chains, while improved smart contract functionality is expected as well.
Major crypto exchange Binance has dedicated more funds towards growing the ecosystem of its smart contract blockchain, Binance Smart Chain (BSC).
The South Korean central bank, the Bank of Korea (BOK), has officially begun testing its prototype digital KRW.
Upbit has become the first South Korean crypto exchange to officially apply for its operating license – with the nation’s financial regulator confident that “at least one or two” others will follow suit before the end of this month.
As the Chinese government clamps down on decentralized cryptocurrencies and seeks to launch its own central bank digital currency (CBDC), industry observers believe the move could pave the way for the launch of CBDC-to-CBDC exchanges. At the same time, the digital yuan and other CBDCs to be rolled out by other countries could hurt the dollar’s status in global finance in the long-term.