Discover more from Montgomery Street Blockchain (formerly Web3 Army)
Mastercard and CBDCs, Tokenization's Impact, SpaceX's Bitcoin Confusion, and More
Payments giant Mastercard has created a forum for crypto industry players to discuss and collaborate on central bank digital currencies. A CBDC could be a digital version of an existing fiat currency, bringing Mastercard's influential voice into the CBDC conversation.
Tokenization is changing the investment landscape, and big firms like BNY Mellon, JP Morgan, and BlackRock are launching projects. The ability to tokenize real-world assets may democratize finance, providing broader investment opportunities to the general population.
SpaceX's Bitcoin write-down report on Aug. 18 has caused confusion in the crypto community. Questions have arisen about whether SpaceX held or sold $373 million worth of Bitcoin in 2021-22, with conflicting reports and uncertainty surrounding the details.
An episode of Cointelegraph’s Market Talks discusses why 2024 could be bullish for the crypto industry. With the next Bitcoin halving in 2024, some expect it to usher in a new bull market. This episode explores the current crypto market and upcoming trends.
Commodity tokenization could empower African countries like Ghana and Botswana without relying on international aid. Despite rich resources, these countries face challenges in accessing global markets and fair trading conditions. Tokenization might be a solution to these problems.
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