Dubai: Crypto & Coffee at 8: 🚨 1st Nov 🚨 💥 Reserve Bank of India (RBI) pilots CBDC 🔴🔵🟠 Nine Banks to rule them all: e₹-W 🚀 #dogecoin to Moon &
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01st Nov 💥 Reserve Bank of India (RBI) pilots CBDC 🚀 #dogecoin to the Moon

🔴🔵🟠 Nine Banks to rule them all: e₹-W India’s love-hate, mostly hate with cryptocurrencies continues but it has launched its first digital rupee pilot. Nine banks Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, YES BANK, IDFC FIRST Bank, and HSBC have been identified for participation in the pilot. The fact that nine banks are involved has a strong degree of Centralization.

🚨 Official source here: https://lnkd.in/dF3KABXd The article mentions the first pilot in Digital Rupee — Retail segment (e₹-R) ie Retail CBDC will be launched later this month in select locations in closed user groups comprising customers and merchants.

💡 Wholesale CBDC could make life easier for Banks, Institutions but could have Bitcoin as a settlement layer network?

🕶️ We at Blockchain DXB have a session this month where we explore Central Bank Digital Currency: The Basics, Threats to Freedom & role in the Metaverse on the 17th of November. We also share information on different types of CBDC ie

• Retail CBDC
• Wholesale CBDC
• Multiple CBDC

📊 Global market info 🚀 #dogecoin to the Moon & Defi 24hr volume only at $3.38B See slides 1 & 2 below for detailed information. Price via Messari CoinMarketCap, CoinGecko Podcast link here with our commentary here ⚡ Anchor: https://bit.ly/3Po8eio ⚡ Spotify: https://spoti.fi/3y3Fapq ⚡ Google: https://bit.ly/3ysvrL0 ⚡ Anghami: https://bit.ly/3AiLNp5 ⚡ Podbean: https://bit.ly/3TqrsX1

❗ Tech info 👀 Glassnode weekly insights analyses how Bitcoin may be hammering out a near-textbook bear market floor, and what risks may lay on the road ahead. If you are into charts & graphs check out their weekly insights here https://lnkd.in/dV7dDUAB

🚨 CoinShares weekly blog via Medium states the apathy continues with inflows of US$6.1m, but Bitcoin trading volumes doubled, Blockchain DXB also noticed a similar trend, especially over the weekend.

🚨 The article mentions US and Germany were the only countries to see inflows which totalled US$13m and US$3.3m respectively. Brazil, Canada, Sweden and Switzerland saw outflows of US$10m in aggregate. Article here https://lnkd.in/dqSUsQ2z

⭐Verse Bitcoin.com has announced they are officially entering the public sale of VERSE VERSE will reward participants for buying, selling, storing, using, and learning about cryptocurrency, while supporting those who are seeking accessible onboarding into Bitcoin and DeFi. More information here https://lnkd.in/d4yWeXdX & official website https://www.getverse.com/

💥 Two UAE news: (See slides for more info) Events by Blockchain DXB ⚡ Bitcoin Beginners Guide Session by Blockchain DXB 3-part series 03rd November — 17th November ⚡ Central Bank Digital Currency: The Basics, Threats to Freedom & role in the Metaverse- 17th November

For slides click here: https://www.linkedin.com/posts/ra-george-19b102104_dogecoin-dogecoin-blockchaindxb-activity-6993268091711311872-4aKh?utm_source=share&utm_medium=member_desktop

LinkedIn Profile: https://bit.ly/3Ep9pMA

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