[New post] India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister

Crypto Breaking News posted: "The Indian government is exploring "several commercial use purposes and not just financial inclusion" for its central bank digital currency. India's finance minister clarified that the aim is for the digital rupee, which will be backe" India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister Crypto Breaking News May 1 The Indian government is exploring "several commercial use purposes and not just financial inclusion" for its central bank digital currency. India's finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. India's Finance Minister on RBI-Backed Digital Currency Indian Finance Minister Nirmala Sitharaman talked about the country's central bank digital currency (CBDC), the digital rupee, this week at a business roundtable on "Investing in India's Digital Revolution" in San Francisco. The event was organized by the Federation of Indian Chambers of Commerce & Industry (FICCI), a non-governmental trade association and advocacy group based in India. It was hosted by the U.S.-India Strategic Partnership Forum (USISPF). Reiterating that the government and the Reserve Bank of India (RBI) aim to introduce India's central bank digital currency in 2023, the finance minister described: The government and RBI are looking into its several commercial use purposes and not just financial inclusion. She noted that financial inclusion "is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile)." The minister of finance previously claimed: "The JAM trinity concept of the Narendra Modi government helped to reach the farthest person in the country." Sitharaman emphasized that the Indian government maintains a consistent digital push across all industries. She stressed: "Central bank digital currency, digital banks, and digital university were announced in the Union Budget. There is a continuous digital nudge by the government across sectors." The finance minister explained during her Budget speech that the introduction of a central bank digital currency will give a big boost to the country's digital economy, stating: Digital currency will also lead to a more efficient and cheaper currency management system. Meanwhile, the Indian government is working on the country's crypto policy. The finance minister said this week that the decision will not be rushed through. RBI Deputy Governor T. Rabi Sankar said the central bank would go about launching a digital rupee "in a very calibrated, graduated manner, assessing impact all along the line." Finance ministry officials are also discussing crypto regulation with the International Monetary Fund (IMF) and the World Bank. What do you think about the comments by India's finance minister? Let us know in the comments section below. Source: Bitcoin.com Unsubscribe to no longer receive posts from Crypto Breaking News. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptobreaking.com Powered by Jetpack

[New post] Solana Goes Dark For 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting Tool

Crypto Breaking News posted: "Other parts of the ecosystem quickly moved to bolster their defenses. At 11:36 p.m. EST, Metaplex, the key steward of Solana NFT infrastructure and one closely intertwined with Candy Machine, tweeted it would soon deploy a 0.01 SOL "botting penalty" to he" Solana Goes Dark For 7 Hours as Bots Swarm 'Candy Machine' NFT Minting Tool Crypto Breaking News May 1 Other parts of the ecosystem quickly moved to bolster their defenses. At 11:36 p.m. EST, Metaplex, the key steward of Solana NFT infrastructure and one closely intertwined with Candy Machine, tweeted it would soon deploy a 0.01 SOL "botting penalty" to help NFT projects stanch excessive traffic. Source: CoinDesk.com Unsubscribe to no longer receive posts from Crypto Breaking News. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptobreaking.com Powered by Jetpack

[New post] Хакер Rari Fuze предложил Fei Protocol вознаграждение в размере 10 миллионов долларов за возврат 80 миллионов долларов

CryptoHamster posted: "Платформа децентрализованного финансирования (DeFi) Fei Protocol предложила хакерам вознаграждение в размере 10 миллионов долларов за попытку договориться и вернуть большую часть украденных средств из различных пулов Rari Fuse на сумму 79 348 385,61 долла" Хакер Rari Fuze предложил Fei Protocol вознаграждение в размере 10 миллионов долларов за возврат 80 миллионов долларов CryptoHamster May 1 Платформа децентрализованного финансирования (DeFi) Fei Protocol предложила хакерам вознаграждение в размере 10 миллионов долларов за попытку договориться и вернуть большую часть украденных средств из различных пулов Rari Fuse на сумму 79 348 385,61 долларов или почти 80 миллионов долларов. 30 апреля Fei Protocol проинформировал своих инвесторов об эксплойте в многочисленных пулах Rari Capital Fuse, попросив […] Read more of this post Comment Unsubscribe to no longer receive posts from CryptoHamster.org. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptohamster.org Powered by Jetpack

[New post] 2022 Golden Lock Awards

REA Hivemind posted: " With an expanded team of prolific escape room players, it's our pleasure to share with you the 2022 Golden Lock Award winners. Since 2015, we have been honoring our favorite escape experiences of the year, calling special attention to them with the G" 2022 Golden Lock Awards REA Hivemind Apr 30 With an expanded team of prolific escape room players, it's our pleasure to share with you the 2022 Golden Lock Award winners. Since 2015, we have been honoring our favorite escape experiences of the year, calling special attention to them with the Golden Lock Award. This year's collection of winners in the real-life category come exclusively from North America, as travel has been challenging. We have, however, dedicated much of our collective travel time to visiting parts of the United States that we hadn't covered over the past 8 years, and found many gems to share with you. Additionally we added a category to honor tabletop escape games (something we probably should have done a few years ago). We know there are tabletop games in our queue still that will likely be future winners. The tabletop escape room scene has expanded a lot of the past few years and we're excited to continue to recognize creatively and ingenuity in this category as well. Read more of this post Comment Unsubscribe to no longer receive posts from Room Escape Artist. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://roomescapeartist.com Powered by WordPress.com

[New post] XinFin’s Double Triumph With XDCNFT and XDC

Crypto Breaking News posted: "When it comes to the crypto industry, in order to excel with one product, the firm must be able to launch up multiple products and projects. Yet, the core of the firm has to be the same throughout. This has been one of the best strategies, especially in t" XinFin's Double Triumph With XDCNFT and XDC Crypto Breaking News Apr 30 When it comes to the crypto industry, in order to excel with one product, the firm must be able to launch up multiple products and projects. Yet, the core of the firm has to be the same throughout. This has been one of the best strategies, especially in the crypto and crypto related industry. Out of the possibilities if one succeeds so will the other together. Similarly, taking the ideology to serious extents, indeed XinFin, a prominent Delegated Proof of Stake Consensus network (XDPoS) hybrid chain platform attains much praise for its recent project, the XDCNFT. The XDCNFT is actually a Non Fungible Token (NFT) marketplace launched by the BlocksWorkz tech firm. However, the core lies in the fact that the XDCNFT marketplace uses XinFin's blockchain technology, the XRC20 network. XDCNFT Marketplace Is Now LIVE and Open! Congrats to #BlocksWorkz Team !!! $BLKZ is the native token. #XDCNFT is built on #XDC Network. The best alternative to #opensea #NFT Marketplace – Use XDCPay App & pay with #BLKZ or $XDC coins at #xdcnft : https://t.co/uUYE2gopul — euromandriver Best Invest XDC (@BestInvest_XDC) April 28, 2022 Besides being launched in the start of 2022, the XDCNFT's performance has been quite promising so far. With new features, continuous addition of new NFTs and NFT partnerships XDCNFT maintains a strong lean surge. In addition, taking into consideration various other explicit features of XDCNFT like the zero installation fees and 1% transaction fees, all add up to the current success of XDCNFT evidently. XDC's Surge through XDCNFT The XDCNFT actually accepts only two tokens for the purchase of any NFTs. These are the XDC, XinFin's natrive token and the BLKZ, BlockWorks native token. And so, all users of XDCNFT are confined to must have any one of these two tokens to either buy or sell their desired NFTs. Accordingly, with the increase in the users of XDCNFT, so does the usage and holders of XDC and BLKZ rises. In such a scenario, XDC will be having a much greater positive impact comparatively than the BLKZ. This is due to the fact that XDC is more widely in circulation and current usage than BLKZ. Therefore, many tend to go to buy the XDC over the BLKZ. In addition, with increase in the number of transactions of XDC and also upon the XRC20 network, this directly evaluates a higher market price for the XDC token vividly. Currently, XDC is being traded for the price of $0.05628 with the graphs spiking up by 5.07%, taking into consideration the past 24 hours. Source: NewsBTC.com Unsubscribe to no longer receive posts from Crypto Breaking News. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptobreaking.com Powered by Jetpack