Breaking: France and Switzerland Launch Cross-Border CBDC Trials
The central banks of France and Switzerland have joined hands to launch the cross-border commercial trials for CBDC. Both central banks have partnered with several commercial banks including UBS Group AG, Credit Suisse Group AG, Accenture Plc, and Natixis SA to test the central bank digital currencies. The collaborative effort was launched under the innovation hub at the Bank for International Settlements.
🔥Centr Publishes the Speed Test Result for Credits Blockchain
Centr, a blockchain software and development outfit has published the result of the speed test of the Credits Blockchain protocol, a technology company registered in London, UK, but with a global presence, guaranteeing the high performance the network has been brandishing over the years. According to the published report, the results of the speed test conducted are crucial as the world dives on towards mainstream adoption of blockchain technology, and its attendant innovations including decentralized finance (DeFi).
💼US Custody Bank With $40 Trillion in Assets Sets Up ‘Crypto’ Division
State Street, a Boston-based custody bank with $40 trillion in assets has set up a Digital division to offer crypto services amid growing client demand. The bank said cryptocurrencies are at a tipping point and they would offer as many crypto services as they can under the available regulations.
💼The future of Electric Vehicles and EV Direct Currency
Electric cars have been around since the mid-nineteenth century. As of 2019, almost 5 million electric cars are in operation, with the number steadily increasing. All electric cars are powered by batteries. This means that the automobiles must be recharged after a set amount of time and distance. This is where EVDC comes in place. Recently, the EVDC token launched on Pancakewap and Uniswap. 18 billion tokens were sold at the pre-sale. The total supply is 100 billion on both networks (bsc and eth).
📈DOT goes ballistic, launching toward $28
Polkadot becomes of the most improved crypto assets in the top ten. The token rallied in tandem with Bitcoin's recovery from $31,000 to $37,000. Support at $20 played a key role, ensuring that DOT did not explore lower price levels. Meanwhile, most cryptocurrencies are in green on Thursday toward the end of the Asian session. Similarly, Polkadot trades at $24 following double-digit gains of over 14%, accrued in the last 24 hours.