OMGFIN Daily News

Beijing releases white paper for Web3 innovation and development
Beijing's municipal government has released a white paper to encourage creativity and advance the Web3 industry. At the Zhongguancun Forum, the...
Mon, 29 May, 2023 at 1:39 AM
Another Ethereum wallet reawakens after 8 years, moving millions
Its proprietor gained the tokens during Ethereum's ICO in 2015, when each ETH was worth just 31 pennies. An Ether ETH tickers down $1,905 wallet t...
Mon, 29 May, 2023 at 4:22 AM
Laos government reportedly prioritizes blockchain technology for digital transformation
The first Ministerial Conference on Blockchain 4.0 and Digital Transformation was presided over by Prime Minister Sonexay Siphandone of Laos.  As p...
Tue, 30 May, 2023 at 4:55 AM
Chinese Yuan to Replace US Dollar as World's Reserve Currency, Says Russian Banker
Russia’s alternate-largest bank’s chairman says there's every reason to expect the Chinese yuan to replace the U.S. dollar as the world’s main reserve c...
Tue, 30 May, 2023 at 1:04 AM
Japan launches digital yen pilot project after second successful proof-of-concept
With the end of the proofs-of-concept, the Bank of Japan has started its CBDC pilot and plans to gather further public and business feedback. The Bank of...
Tue, 30 May, 2023 at 4:53 AM
Hong Kong and UAE central banks collab on crypto rules, fintech development
According to statements, the two central banks share "many complementary strengths" and want to align their financial services sectors. ...
Wed, 31 May, 2023 at 12:43 AM
BRICS Bank to Offer More Loans in Local Currencies — President Calls for 'Diversified Global Currency System'
The New Development Bank (NDB), aka the BRICS bank, is seeking to give further loans in local currencies to downgrade reliance on the U.S. dollar and avoid ...
Wed, 31 May, 2023 at 2:17 AM
Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister
Russia is actively moving to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition aw...
Wed, 31 May, 2023 at 3:59 AM
EU officials sign Markets in Crypto-Assets framework into law
MiCA was first introduced in 2020 with the goal of creating a non-supervisory framework for crypto that works well for all member states of the European Uni...
Thu, 1 Jun, 2023 at 5:30 AM
Former House Rep blames industry outsiders for associating crypto with bank’s failure
"Crypto-fear-inaccurate withdrawals" were the only issue Signature Bank had before regulators took control in March, according to Barney Frank. ...
Thu, 1 Jun, 2023 at 8:29 AM