Crypto news recap: RBI and CBUAE to Develop CBDC

Crypto news recap: RBI and CBUAE to Develop CBDC

ALBAWABA- This week on the Crypto news recap, Meta pulls the plug on NFTs on Instagram and Facebook. But on the other hand, leaked screenshots show Microsoft's plans for Web3 wallet integration into Edge browser. Speaking of adoption, RBI, and the UAE Central Bank sign MoU to develop a CBDC bridge for remittances and trade. All that and more, so let's get started!

Meta, the tech giant and parent company of Facebook has announced that it will be discontinuing its NFT functionality on both Instagram and Facebook.

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