Crypto

The National Bank of Georgia announced that it has enlisted the aid of Ripple, the cryptocurrency company, as the sole tech partner in its central bank digital currency (CBDC) project, denominated the digital GEL. Ripple’s CBDC solution was selected from nine shortlisted companies that applied to be part of Georgia’s CBDC pilot. Ripple Scores National Bank of Georgia CBDC Partnership Ripple, a…

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges create a new association. USDT Dominates the Brazilian Market The Brazilian Tax Authority (RBF) has acknowledged the…

It’s been a strong week for smart contract platform tokens, with the top ten performers all notching growth against the U.S. dollar. The rise ranged from ethereum’s (ETH) 4.2% jump to solana’s (SOL) 32.5% surge. The smart contract coin sector witnessed 32 crypto assets achieving double-digit percentage increases, starting with OMG’s 10.2% and scaling up to JUNO’s 110.8% escalation. From…

National Basketball Association player Shai Gilgeous-Alexander is suing owners of the lakefront mansion previously occupied by Canada’s “crypto king.” The basketball player also claimed to have learned of Pleterski’s occupancy of the property after his girlfriend reported the threatening visit to the police. Voiding Sale Agreement Canadian professional basketball star, Shai…