IMF Official Says Public-Private CBDC Offers Best of Both Worlds

IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation. Tommaso Mancini-Griffoli, a representative from the International Monetary Fund, believes that a synthetic private-public partnership could be the best way forward for a central bank digital currency.  Mancini-Griffoli, the IMF’s Monetary capital markets department deputy division chief, joined the Money Movement’s […]

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Gemini Exchange Partners With Samsung

Gemini has teamed up with Samsung, paving the way for mobile wallet interaction with the U.S.-based crypto exchange’s app. U.S. crypto exchange Gemini has partnered with technology giant Samsung Electronics for wallet integration. The partnership means U.S. and Canadian customers can use the Samsung Blockchain Wallet in conjunction with Gemini’s mobile application, a statement provided […]

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Brave Browser Launches Encrypted Video Calls Before Zoom

Brave has launched in-browser video calls featuring end-to-end encryption. Brave, the privacy-centric cryptocurrency-powered web browser has launched in-browser video calls featuring end-to-end encryption. The encrypted video service, dubbed ‘Brave Together’ can be used to make unlimited encrypted video calls featuring two participants. All Brave users can access the feature, with no account sign-ups needed. Brave […]

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Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale

Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect. Leading cryptocurrency fund manager Grayscale Investments explained some fundamental differences in the nature of central bank digital currencies (CBDC) and Bitcoin (BTC).  In a recent report, Grayscale suggests that CBDCs are an upgrade to the […]

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Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm

Decentralized identity solutions might be blockchain’s killer app. LG has partnered with United States-based company Evernym to develop blockchain ID technology. Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration between the two firms aims […]

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