Bahrain Central Bank Completes Testing JPMorgan Coin Stablecoin
Bahrain Central Bank, ABC and Alba completed testing of JPMorgan digital payment system
It allows you to simplify and automate cross-border payments through the blockchain
According to an official announcement released on January 6, the Central Bank of Bahrain (CBB) has successfully completed digital payments testing in collaboration with JPMorgan Onyx.
During ABC test transferred payments to Alba counterparties in the United States in real time via JPMorgan Coin. It is a stablecoin backed by the US dollar.
“Through our collaborative work with ABC, Alba and JPMorgan Onyx, we have been able to address the traditional cross-border payments ”, – said the head of the regulator Rashid Al Maraj.
Expert: UAE may become the capital of the blockchain
He’s confident the country is making its way to becoming the world’s blockchain capital
Regulators in the UAE set a course for digital asset settlement and crypto licensing -exchange, not their prohibition
Kokila Allah, founder and CEO of Karm Legal Consultants, was interviewed by Cointelegraph. In it, he shared his vision of the future of the UAE’s legal framework, and also admitted that the country is preparing the ground for the adoption of cryptocurrencies and blockchain technology.
It is important that there are several economic zones in the Emirates. They can be divided into two categories – the mainland and the SEZ, the so-called “islets”. Separate tax legislation is in effect here, which has a good effect on the development of the market.
“ SCA can be considered a progressive regulator , their regulatory framework provided certainty, gave new opportunities in the UAE. “
11 of the main crypto events in Ukraine in 2021
Hello everyone, Incrypted is with you. Today we will discuss the landmark events that influenced the world of crypto in Ukraine in 2022 year.
What else was important
Binance US plans to build a virtual office in Portals, a metaverse based on Solana. It will be located in Portals Downtown, where it will broadcast the latest company news, charts and events. FTX US is heading in the same direction and plans to establish an office in the same metaverse.
LooksRare will distribute NFT community 169 000 000 of their tokens. OpenSea users will be able to receive a drop, provided that the total trading volume on the platform was 3+ ETH for the last half year.
OMNIA entered into a partnership with NewTribe Capital
Decentralized Infrastructure Protocol Omnia announced a partnership with NewTribe Capital, a venture capital fund based on Crypto & Defi.
Dark Frontiers (pre-alpha) released a gameplay trailer for the pre-alpha version of the game. You can see the link
Strip Finance announced about partnership with DotOracle
NFT lending platform Strip Finance announced a partnership with DotOracle, Oracle’s decentralized network and real-time cross-chain liquidity for the Polkadot ecosystem.
Also Recall that we conducted AMA with representatives of Strip Finance, you can read the extract here.