by newsdesk7
SARB Governor pointed out the issues surrounding the CBDCs!
South African Reserve Bank (SARB) Governor Lesetja Kganyago outlined issues surrounding the introduction of central bank digital currencies (CBDCs) at the World Economic Forum (WEF) 2023 in Davos, Switzerland. In a panel discussion at WEF 2023 titled “In the Face of Fragility: Central Bank Digital Currency,” Kganyago expressed his views on CBDCs and questioned whether any real problems have been solved by this new technology. The central bank governor also highlighted that countries that are researching and looking to introduce CBDCs have put forward several reasons for its implementation.
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Cryptocurrency exchange Binance declared plans to expand its local presence in Poland on 18th January in line with local regulations. Binance Poland sp. z o.o., Binance’s Polish entity, will comply with Polish regulatory standards for Virtual Asset service Providers (VASPs), which require Polish users to sign new terms with Binance Poland to continue using the company’s services.
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Nonfungible token (NFT) marketplace Rarible has declared the launch of a marketplace builder that allows artists and projects to customize a polygon-based marketplace for their NFT collection. Rarible highlighted that the new tool will allow various customization options, such as royalty fee adjustments, and will require no coding. Marketplace builder aims to let creators showcase their “unique brand identity,” which the Rarible team claims are impossible to do in a traditional NFT marketplace.
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Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) devoted to staking. On 18th January, the company launched the 21Shares Staking Basket Index ETP which is a crypto staking index planned to track 10 PoS cryptocurrencies. The ETP instantly began trading on the local stock exchange BX Swiss under the ticker STAKE.
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