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Australia’s central bank launches 3-year program for wholesale CBDC
18.9.2024
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present
Australia’s central bank launches 3-year program for wholesale CBDC
18.9.2024
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present
Singapore’s DBS Bank to Launch OTC Crypto Options for Institutions
17.9.2024
Singapore’s DBS Bank is making a significant move into the crypto space by launching over-the-counter (OTC) crypto trading…
DBS to launch crypto options and structured notes for institutions
17.9.2024
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
17.9.2024
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners,...
41 firms join BIS Project Agora to advance unified ledger applications
16.9.2024
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers
More than 40 Firms Join Central Bank Group to Explore Tokenization for Cross-Border Payments
16.9.2024
More than 40 financial firms will join central bank group the Bank for International Settlements to explore how tokenization can enhance wholesale cross-border payments in Project Agorá, the BIS said on Monday
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
16.9.2024
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks...
16-21 Sept Events: Fed, Bank of England, Bank of Japan’s Interest Rates
16.9.2024
This week from 16- 21 Sept will see important events unfold with interest rate decisions of the Federal…
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
15.9.2024
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency investigation. The court stressed that freezing...
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
North Carolina resists the CBDC tide with new payments ban
13.9.2024
A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal.
Justin Sun Slams Central Bank Bitcoin; Fails Satoshi’s Vision
12.9.2024
The founder of popular cryptocurrency Tron, Justin Sun just criticized the idea of Central Bank Bitcoin (#CBBTC). He…
Anchorage Digital Bank, Bitgo join Coinbase to custody 21Shares crypto ETFs
12.9.2024
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers
UAE’s central bank approves custodial risk insurance product for digital assets
12.9.2024
OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds.
Turkey’s $200 limit on cash payments: What does it mean for crypto?
12.9.2024
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%
Crypto Bank Anchorage Digital Takes on Custody for ARK 21Shares Bitcoin ETF
12.9.2024
The first and only U.S. federally chartered crypto bank, Anchorage Digital, is taking on the custody role for a leading issuer of crypto exchange-traded funds (ETFs), 21Shares, the companies said in a Thursday statement
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
12.9.2024
The central bank wants to promote the widespread use of the digital ruble
Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud
12.9.2024
Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of...
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
12.9.2024
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed