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Project mbridge
U.S. Added 272K Jobs in May; Semler Scientific Buys $17M More Bitcoin
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as bitcoin (BTC), stocks and bond markers have all turned lower in response to the strong employment data in May. Plus, Saudi Arabia’s central bank has joined Project mBridge as a full participant and medical device maker Semler Scientific has broadened its corporate strategy to include buying bitcoin.
BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct over 160 payments worth around a total of $22 million. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the ongoing Project mBridge and what it means for CBDC adoptions around the world.
