Ethereum News Daily TheBitTimes.com

XRP (XRP), the cryptocurrency associated with Ripple, experienced a noteworthy surge in price earlier this month, buoyed by a double dose of positive developments. In particular, federal judge Analisa Torres’ rejection of the SEC’s appeal reinforced her earlier ruling that Ripple’s sale of XRP didn’t violate securities laws. Adding to the optimism, Ripple recently secured a full operational license in Singapore. Although XRP has since retreated to the $0.50 mark, fresh positivity is again on the horizon.  Notably, it appears that cryptocurrency is emerging as a favored choice for cross-border payments and settlements in Mexico, potentially rekindling investor enthusiasm. What happened? Cryptocurrency Bitcoin's rocky start: Price drops below $27.7k, can BTC recover? Cryptocurrency Ripple v. SEC case update as of October 9, 2023 Cryptocurrency Ripple trial: Legal expert dismisses SEC's odds,...

The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency (CBDC) project, showing no indications of abandoning it. According to a report by local news outlet The Sun, the central bank recently enhanced the CBDC mobile app by incorporating Near Field Communication (NFC) technology. This upgrade enables mobile devices and payment terminals to interact when in close proximity, facilitating convenient and contactless eNaira payments . Despite previous versions incorporating QR codes, the CBN reportedly emphasizes that the latest addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. Joseph Angaye, the deputy director of the CBN’s risk management department, reportedly revealed that the banking regulato...