Toyota’s IT arm works on digital token pilot with crypto exchange
Another automotive company is moving into crypto. Toyota Systems, the IT arm of Toyota Motor Corporation, is collaborating with Japanese cryptocurrency exchange DeCurret to develop a branded Toyota digital currency, according to an official announcement on Oct. 26.The large-scale pilot will involve 2,500 employees at Toyota Systems. The platform will feature digital currency payments for benefits.According to the announcement, participating employees will be able to exchange the digital currency for benefits points or gifts from a catalog. Toyota Systems noted that the digital currency....
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The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot will be executed during the last six months of this year.
Central Bank of Brazil Advances CBDC Project
The Central Bank of Brazil has offered details about the advancements it has made regarding its CBDC project, the digital real. Its president,....
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible token (NFT) assets like tokenized works of art. SIX to Launch SDX by the Summer, Bitcoin to be Listed on the SIX Digital Exchange The exchange SIX based in Zurich is Switzerland’s most popular stock exchange that allows people to trade stock options, derivatives, Swiss government bonds, and....
There are only 99 individual pieces made out of 33 works, baby! Since coming into this space, starting Art For Crypto in June 2017, I’ve produced 33 works that tell the tale of crypto from many angles. They also utilize tech and cetificates as appropriate. As my works are digital originals due to the […]
ShapeShift, the crypto-to-crypto digital currency exchange has announced the inclusion of two new crypto-assets on the platform. Users can now trade DGD and DAO on the platform. ShapeShift, the cryptocurrency exchange today announced that it is supporting DAO (Decentralized Autonomous Organization) and DGD (Digix DAO) tokens on its platform. With the inclusion of these two new crypto assets, the total digital currency offerings on ShapeShift now stands at 32. Started by Erik Voorhees, ShapeShift is one of the first crypto-to-crypto exchange that allows individuals and institutions to buy....
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,” the pilot phase of which should start in the near future.
Accepting Cryptocurrency for Payments Is a Red Line, Iranian Minister Says
Cryptocurrencies like bitcoin will not be treated as legal tender in the Islamic Republic of Iran. Discussing regulatory matters related to the storage and....