BlackRock’s size and reputation within the financial sector give the Bitcoin ETF application substantial credibility and could potentially pave the way for broader acceptance of cryptocurrencies within traditional investment circles.
Author: Ravi Kumar
Ravi Kumar
Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com
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The BlockSpan NFT API platform provides instant access to NFT data, token information, and more, saving companies over $25k per month.
Intuition’s protocol aims to capture the wisdom of crowds, providing easily navigable and queryable attestations on any subject.
Project Rosalind, led by the BIS Innovation Hub London Centre, is focused on testing the potential of APIs to facilitate retail payments within central bank digital currencies (CBDCs)
Ripple’s CBDC Platform, designed for central banks, will be tested in a controlled environment to assess its speed, scalability, and transparency capabilities.
Powell indicated that the effects of the previous monetary restraint measures are yet to be fully realized, particularly in terms of curbing inflation.
The funds will support the establishment of the Connext Foundation and drive the development of a secure, interconnected future for blockchain networks.
The funds will be used for further development and marketing support of the social networking application.
“It has become clear that the UK government sees the promise of web3,” states a16z crypto founder and managing partner, Chris Dixon.
The company aims to revolutionize crypto payments for various sectors, including SaaS, eCommerce, creators, marketplaces, and traditional web 2 merchants.