China News Daily TheBitTimes.com

Victoria, Seychelles, April 22nd, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company is making its presence felt in the week of Token2049, Dubai. Bitget COO Vugar Usi Zade led the panel discussion around real-world asset tokenization. The company also hosted various side event s, including a Kpop Party, Bitcoin Track Day and Beach Party, during the week. Vugar participated in the session surrounding the theme of ‘Practical DeFi, Tokenization of Real World Assets for Real World Problems’. He was joined by other industry stalwarts like Andres Meneses of OG media group, Robin Ubaghs from Prop Chain, Raj Brahmabhatt from Zeebu and Anna Shakola from Cointelegraph, in the same discussion. Vugar Usi Zade shared some insights into tokenizing real-world assets and the roadmap for the growth and mass adoption of blockchain to solve real-life problems. At the discussion, he made a special mention of larger particip...

The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years. Japan's Finance Ministry is planning to establish an expert panel in April to explore the feasibility of introducing a digital yen, Japanese news outlet NHK reported.  According to the report, the ministry’s panel will focus on the creation of a framework for a central bank digital currency (CBDC) and will refer to a technical study conducted by the Bank of Japan (BOJ) over the past two years. The ministry intends to use the findings from the expert panel to prepare for the possible issuance of a digital yen. CBDCs are digital versions of traditional currencies, such as the U.S. dollar, yen and euro, issued and backed by central banks. Unlike cryptocurrencies, which purport to be decentralized and not backed by any government or central authority, CBDCs are issued by a central bank and ope...