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The National Bank of Rwanda (BNR) has opened up its just completed feasibility study on a retail central bank digital currency (CBDC) to public comment. The BNR is considering a national digital currency that incorporates the latest innovations in the technology and is highly tailored to local conditions.
Stablecoin issuer Tether froze USDT worth $5.2 million linked to phishing scams on May 14. This USDT was stored in 12 Ethereum wallets tagged as “USDT Banned Address.”
According to a survey by the Digital Currency Group, 70% of swing state voters believe that current financial system is outdated, however they think crypto currencies are not a good replacement
Cryptocurrency investment products saw inflows totaling $130 million in the week ending May 6, reversing a five-week streak of outflows, according to CoinShares.