Features TheBitTimes.com

Worldcoin, one of the world’s most discussed ID projects, broke an all -time high user record . The company registered 9,500 new users in the country in 24 hours. This means that every 9 seconds, a new user has registered on the platform. Worldcoin is a digital currency project that aims to create a global universal basic income (UBI) system. Sam Altman, who stands behind OpenAI, is its founder. Worldcoin’s vision is to distribute cryptocurrency to every person on Earth, providing them with a basic income to help alleviate poverty and promote economic equality. Worldcoin has received funding from prominent venture capital firms such as Andreessen Horowitz and Coinbase Ventures. Additionally, Worldcoin has attracted advisors with expertise in various fields, including cryptocurrency, economics, and technology. You might also like: Worldcoin unlocks tokens for unverified users Worldcoin’s investigation in Argentina The project aims to create a system wher...

The bill also authorizes local artists to issue nonfungible tokens (NFT) to promote financial and cultural inclusion. The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar . The token, dubbed the "Activo Digital San Luis de Ahorro", will be available to all citizens of the province over the age of 18 and 100% collateralized in liquid financial assets of the province .  The bill authorizes the province to issue the stablecoin up to 2% of its annual budget. It also stipulates that assets can be transferred between parties, but it does not specify which chain will be used for the transactions. The province of San Luis is home to over 430,000 people. The stablecoin issuance is only one of the initiatives described in the bill called “Financial Innovation for Investment and Social Economic Development”, which aims to promote development in several sectors in the province through Blockchai...