Bank

COTI

Foundation

Coin

<ul class="news-points">
 <li><strong>COTI’s selection for Israel’s CBDC project boosts its status alongside PayPal and Fireblocks.</strong></li>
 <li><strong>COTI’s 8.19% price increase, driven by a 950.61% volume surge, signals strong market interest.</strong></li>
 <li><strong>Breakout with strong bullish candle suggests COTI may see a two-fold increase soon.</strong></li>
</ul>
<p>COTI, a blockchain network focused on payments, has been selected by the Central Bank of Israel to participate in its Central Bank Digital Currency (CBDC) pilot project.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">COTI will take part in the Central Bank of Israel's <a href="https://twitter.com/hashtag/CBDC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CBDC</a> project alongside giants like <a href="https://twitter.com/PayPal?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@PayPal</a> and <a href="https://twitter.com/FireblocksHQ?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@FireblocksHQ</a><br><br>This is a major milestone for COTI as it positions itself as a leader in the CBDC market! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Read more: <a href="https://t.co/OQrQ5YKqtt" target="_blank" rel="noopener noreferrer nofollow">https://t.co/OQrQ5YKqtt</a><br><br>1/3 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/5YFxqJ595D" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5YFxqJ595D</a></p>— COTI Foundation (@COTInetwork) <a href="https://twitter.com/COTInetwork/status/1815752295423914197?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>This collaboration places COTI alongside established financial players like PayPal and Fireblocks, marking a significant step forward for the blockchain network in the global financial landscape.</p>
<p>As noted by analyst Dan Gambardello, the only blockchain network chosen, COTI is poised to play a crucial role in shaping the future of digital currencies issued by central banks.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">This is some insanely big…</p>
  </blockquote>
 </div>
</figure>
<p>The post <a href="https://coinedition.com/israel-chooses-coti-for-cbdc-pilot-coti-price-surges/" rel="noopener noreferrer nofollow">Israel Chooses COTI for CBDC Pilot, COTI Price Surges</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Israel Chooses COTI for CBDC Pilot, COTI Price Surges

Coin Edition

Άλλα άρθρα που δημοσιεύτηκαν στις 24 Ιουλ 2024

Buterin’s Circle STARKs: Boosting Blockchain Efficiency

Ethereum ETFs start strong but lag epic Bitcoin ETF launch — Analysts

Tron Price Prediction: Is Another Surge Ahead For TRX?

Crypto Mining Bolsters US Energy Grids – Implications of a 30% Tax

Grayscale Solana Trust Trades at a Premium Over Spot SOL, Signals Market Surge

Cardano Summit 2024 in Dubai Set to Drive Blockchain Innovation and Potential ADA Price Surge

Join our free newsletter for daily crypto updates!