Worldcoin’s Biometric Gamble: Is the Cost of Financial Inclusion Too High?
Worldcoin, the cryptocurrency project led by Sam Altman, faces scrutiny over its use of biometric data for financial inclusion. As privacy concerns mount, the project also grapples with falling token prices and the looming FTX auction, which threatens to further impact the market.
Bank of Canada Shelves Digital Loonie Plans Amid Privacy Concerns and Public Backlash
The Bank of Canada has paused its plans for a Digital Loonie, citing overwhelming public concerns over privacy and cybersecurity. The central bank will now focus on modernizing Canada’s payment systems while keeping an eye on global CBDC trends.
Project Agorá: Can Tokenized Deposits and CBDCs Solve the Cross-Border Payment Puzzle?
Project Agorá, led by the Bank for International Settlements (BIS), aims to modernize cross-border payments by integrating tokenized deposits and CBDCs on a unified ledger. This initiative addresses key inefficiencies like high costs, delays, and complex compliance processes.
Circle Partners with Sony to Push USDC Adoption on Ethereum’s Layer-2: What This Means...
Circle has teamed up with Sony’s Soneium blockchain to integrate Bridged USDC, expanding its reach into Ethereum Layer-2 networks. This move strengthens USDC’s position in DeFi, challenging rivals like Tether and PayPal’s PYUSD.
Crypto Meets Wall Street: Circle Moves HQ to One World Trade Center Amid IPO...
Circle Internet Financial, the firm behind USDC, is set to plant its flag in New York City’s iconic One World Trade Center as it...
