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California Enacts Digital Financial Assets Law


On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...

Moscow Claims Russia Will Be Using Digital Ruble in LATAM by 2025


A senior Russian politician says domestic firms will be using the digital ruble, the nation’s CBDC, in Latin America no later than 2025. The comments were made by Anatoly Aksakov, the Chairman of the State Duma Committee on the Financial Markets. Per Tass, Aksakov, who is also the MP...

Central Bank of Russia: Digital Ruble Could Be Launched as Soon as 2025


Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency (CBDC), could happen in 2025. The pilot test for the CBDC will be organized later this year after the State Duma, the lower house of...

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