Wall Street financial advisor LionTree explores crypto payments

LionTree, a popular financial advisor and investment banking firm, is looking into cryptocurrencies as a payment option. In its year-end letter, Chairman and CEO Aryeh Bourkoff talks about crypto as a potential tool for empowering individuals and explores some of the biggest trends in crypto, such as decentralized finance (DeFi) and nonfungible tokens (NFTs).

HSBC and IBM create successful multi-ledger CBDC demo

HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex. 

‘I’m a huge believer in crypto technology,’ says former US SEC chair

Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it.

Russia on the verge of imposing ban on Crypto

Russia’s Central Bank is reportedly planning to ban crypto investments. The Bank is now holding serious discussions with the key players.

SHIB accepted by VR World

VR World,  the largest virtual reality experience center in North and South America has announced that it will accept the meme coin as a payment method on its platform.