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Russian Parliament Votes on Bill Opening Door for Digital Ruble


Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian...

Lawmakers Seek Answers from Fed, FDIC on Silicon Valley Bank Collapse


Lawmakers in the US held a meeting with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the swift and stunning collapse of Silicon Valley Bank (SVB). Democratic US Representative Maxine Waters reportedly discussed with officials from the two federal bank...

US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers


The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate crypto products to protect...

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