In Historic Move, Jamaica Makes CBDC Akin to Cash
Jamaica has become the first country to render a CBDC legal tender in a move to offer an alternative in a cash-heavy economy.
Source: blockworks.co
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New York Passes Bill Restricting Carbon-fueled Crypto Mining Operations
The New York legislature has passed a hotly-debated bill that places a two-year ban on certain proof-of-work crypto mining operations.
Source: blockworks.co
Cyprus Looks To Become Global Crypto Hub With New Bill
While the US and parts of Europe weigh the role that cryptos might play in aiding Russian sanction evasion, Cyprus is being fully compliant, a government official told Blockworks.
Source: blockworks.co
Terra Turmoil Adds Fodder for Secretary Yellen's Concerns Over Stablecoins
Terra stablecoin UST’s crash was only just beginning when Yellen appeared before senators Tuesday morning.
Source: blockworks.co
Jamaica To Launch CBDC This Summer
Known as the Jamaica Digital Exchange, or Jam-Dex, the Caribbean’s newest CBDC is going to save the country millions, the central bank says.
Source: blockworks.co