More than a year has passed since the launch of SHFT, a time of excitement, challenges, achievements, and hard work. Our community and partners have been highly supportive of our mission to power trust on the blockchain through data discoverability and compliance while preserving privacy and sovereignty. The economics behind…

Shyft DAO is taking one of its first major steps — proposing an Ambassador Program aiming to create a vibrant community. We invite you to comment, cast your vote and be part of this special moment! 🎉🎊 The DAO proposal for required funds to launch the Shyft Ambassador Program is…

Back with another Veriscope Regulatory Recap! This week in focus — the note from the Biden administration officials urging Congress to intensify crypto regulatory efforts, Indonesia signing a new financial law to regulate crypto beyond trading, and a US Democrat introducing a bill for legalizing crypto payments in New York…

Norway joined Israel and Sweden in September 2022 to test the feasibility of CBDCs as a way to facilitate cross-border payments The Norwegian Central Bank has made the open-source code for its Ethereum-backed digital currency Sandbox available on GitHub. The second part of the code is yet to come out…

Ni Hao Shyftoshis! Happy Lunar New Year ✨🐰 To kick off the Year of Rabbit celebrations in style, we have come up with a fantastic community giveaway. And there is not one but TWO Ledger Nano S Plus up for grabs. How to Enter the Raffle? All you need to enter the giveaway is to…

Australia launched its CBDC pilot in January 2023. More than 80+ financial entities enter proposed use cases in e-commerce, offline payments, and government payments. It received over 140 use case proposals in e-commerce, offline, and government payments. Intense discussions around CBDC, gained momentum in Australia in August last year. It…

The central bank of India, RBI, started with India’s CBDC pilot project in the last phase of 2022. India’s CBDC pilot has two segments: Digital Rupee Wholesale and Digital Rupee Retail. The pilot is active within a closed user group with eight banks entrusted with the initial responsibilities. Reserve Bank…

The People’s Republic of China has been into its CBDC project since 2014, with the trials starting in April 2020. Within two years of trial, the country witnessed CBDC transactions of more than 100 billion Yuan. Experts believe the digital Yuan needs to grow in usability to become more popular. …

Here is another in-depth and amazing Veriscope Regulatory Recap! This week, while the Taiwanese and Hong Kong authorities insist on setting up a stringent operational framework for crypto assets, the U.S. Republicans are keen to use the 118th Congress effectively to create clarity in the industry. Let’s dive straight into…