Solidity Finance has announced a major change to the company that will take place in the upcoming months. Starting on August 28th the company will be operating under a new name, “SourceHat”, aiming to expand its operations to serve the larger Web3 space. Solidity Finance is an industry-leading provider of auditing services for smart contracts written in the Solidity programming language and the firm has worked tirelessly over the past several years to build its reputation to become what it…
Central Bank Digital Currencies
Kazakhstan’s Central Bank and its CBDC Experiment
The political world appears increasingly divided on the issue of cryptocurrencies. In 2021 we observed regulatory choices that sometimes oppose each other. For instance, some advocate for a total ban of cryptocurrencies. However, others look to adopt Bitcoin or CBDCs as a legal digital tender. And, last year, we saw them all. Recently, Kazakhstan has joined the group of countries studying this type of solution in 2021. After months of analysis, the government has postponed a definitive choice on the…
1 year ago 
1.1 k views
The Bank of International Settlements Reaffirms its Support on CBDCs
A new report released by the BIS indicates that it supports Central Bank Digital Currencies, terming CBDCs as a distinct representation of money for the digital market. Commonly known as the bank of central banks, BIS acknowledges that CBDCs introduce several solutions ranging from transparency, settlement finality, and liquidity. The commerce industry is gradually moving to the internet, making it necessary to implement CBDCs for global retail payments and the public good. Therefore, going to the report, approximately 56 central…
2 years ago 673 views