Dogecoin surged as much as 33% after Tesla CEO Elon Musk said the electric-car maker would accept dogecoin as payment for its merchandise. One of Ukraine’s oldest commercial banks, Tascombank, is planning to test an electronic hryvnia, a digital version of its sovereign currency. The electronic hryvnia will be built and tested on the Stellar network and be deployed via global fintech platform Bitt’s digital currency management system (DCMS), the bank said in a statement published Tuesday. The pilot will test the digital currency’s effectiveness in public employee payroll, peer-to-peer payments and merchant payments. Cryptocurrency exchange FTX has partnered with payments firm Nuvei Corp to enable ways for users to receive instant payments to buy cryptocurrencies more quickly and securely. FTX.US, the American arm of the FTX cryptocurrency exchange, signed a global sponsorship deal with the National Basketball Association’s Golden State Warriors. FTX.US will become the San Francisco-based team’s official cryptocurrency platform and marketplace for NFTs, or non-fungible tokens. The franchise will start using the platform to sell NFTs in early 2022. FTX branding will also appear on the basketball pole pads and press table for the Santa Cruz Warriors, the team’s G League affiliate. The G League is the NBA’s official minor league basketball organization.
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