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Central Banks Hold Fate of Crypto in their Hands, Says Russian Economist
21.2.2023
A leading Russian economist believes that central banks will ultimately determine the fate of crypto – even if they are not currently “prioritizing” their regulation the sector.
The comments were made by Nikita Maslennikov, of the Center for Political Technologies and the Director of Economy...
India expands national payment network to Singapore: What’s in it for crypto?
21.2.2023
One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
20.2.2023
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that...
Bank of Russia to Start Testing Digital Ruble With Real Users on April 1
20.2.2023
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media. Russia’s...
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake...
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges
20.2.2023
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto...
San Francisco federal bank eyes CBDC system development, reveals job posting
19.2.2023
Within 24 hours of the job posting, 45 applicants have shown interest in joining the federal government to build an in-house CBDC
Zambia Testing Technology to Regulate Cryptocurrency — Government Minister
19.2.2023
The Bank of Zambia and the country’s securities regulators are currently testing the technology to regulate cryptocurrencies, a Zambian government minister has said. According to Felix Mutati, cryptocurrency is a revolutionary technology that embodies a future his country desires to achieve....
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes
19.2.2023
Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the Fed to raise interest rates three more times this year. Major Banks Predict More Fed Rate Hikes...
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
18.2.2023
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed...
Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules
18.2.2023
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and...
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
18.2.2023
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt
Custodia Bank Renews Push for Fed 'Master Account' After Rejection
17.2.2023
Custodia Bank filed an amended complaint against the Federal Reserve Friday, weeks after the Fed rejected its effort to secure a "master account" and become a member of the Federal Reserve System
MakerDAO voting on $100M loan participation with Florida commercial bank
17.2.2023
Florida's Cogent Bank is proposing a $100 million participation in loans to MakerDAO's RWA Master Participation Trust
Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks
17.2.2023
The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts on time will likely force the affected financial...
Bank of Russia to Pilot CBDC in April
17.2.2023
Digital ruble payments will be launched for retail purchases and peer-to-peer transactions, a central bank official said
Today in Crypto: ‘Fundamental Clash Between Regulations and Crypto’, Ethereum Devs Patch Testnet Bug, Bank of Japan Set to Launch CBDC Pilot in April
17.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: ‘Fundamental Clash Between Regulations and Crypto’, Ethereum Devs Patch Testnet Bug, Bank of Japan Set...
Russia to roll out CBDC pilot with real consumers in April
17.2.2023
Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks
The Bank of Japan to launch its CBDC pilot before May
17.2.2023
The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021
Japan Will Launch Pilot for Issuing Digital Yen In April
17.2.2023
Japan will launch a pilot programme in April to test the use of its version of the central bank digital currency (CBDC) known as the digital yen, its central bank said on Friday. The move comes after more than two years of proof-of-concept experiments by the BoJ around the digital yen