✅ Cryptocurrencies are the second most popular form of investment among the adult population in France.
Cryptocurrencies are the second most popular form of investment among the adult population in France, according to a survey commissioned by the Organisation for Economic Co-operation and Development (OECD).
According to the research, 9.4% of the French population owns crypto assets, while 10.7% invest in real estate funds. Another 2.8% of respondents own NFTs. The survey was conducted among 1056 respondents in the spring of 2023, with 40 interviews regarding their needs and motivations.
✅ The issuer of the USDT stablecoin plans to take a leading position in the Bitcoin mining sector.
Tether intends to become one of the leaders in the Bitcoin mining sector. Over the next 6 months, the company will invest $500 million in mining the first cryptocurrency. The funds will be used for both acquiring stakes in specialized companies and building its own Bitcoin mining centers.
In the long term, Tether aims to capture 1% of the Bitcoin mining market. This would make the stablecoin issuer one of the industry leaders. For comparison, the largest Bitcoin miner, Marathon Digital Holdings, currently holds a 4% market share.
✅ The National Bank of Kazakhstan conducted the first transaction using the digital tenge.
The National Bank of Kazakhstan announced the pilot launch of the digital tenge. The first transaction with the new payment tool took place during the XI Congress of Financiers.
In August 2023, the National Bank of Kazakhstan presented the project for the implementation of the digital tenge to the Supreme Audit Office. This payment instrument is the third form of the national currency, in addition to cash and non-cash. The digital tenge is not a replacement for fiat, as emphasized by the regulator during the presentation.
Access to the new payment tool will be available through banking applications. The National Bank guarantees the safety of funds, and users can transact with the digital tenge both online and offline. Users can also integrate it with services like Apple Pay, Samsung Pay, and more.
✅ The creation of a CBDC in the United States is unlikely in the near future.
The emergence of Central Bank Digital Currencies (CBDCs) in the near future is unlikely, according to a report from Bank of America cited by Coindesk.
The bank noted that the benefits and risks of CBDCs depend on the design and approach to issuance. However, analysts expect that CBDCs will provide a more efficient system for cross-border and domestic payments.
Experts also pointed out that CBDCs "may compete with bank deposits" and could lead to a loss of monetary sovereignty and tensions in international relations worldwide.
.png)
