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Digital Ruble Should Not Boost Inflation, Bank of Russia Says


Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project....

Goldman Sachs: Gold Is Becoming Poor Man’s Crypto


Goldman Sachs’ head of energy research says, “Just like we argue that silver is the poor man’s gold, gold is maybe becoming the poor man’s crypto.” He sees funds starting to flow from gold into bitcoin as inflation fears escalate, noting that “We’ve...

Tinder, Bumble Fall Head over Heels for Crypto, Metaverse


Sharp-elbowed tech companies are keen to take up every corner on the metaverse bandwagon. Two of the biggest names in the dating app space have decided that the metaverse could well be a perfect match for their business models.... Read More: Tinder, Bumble Fall Head over Heels for Crypto, Metaverse

Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says


The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...

Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals


Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish...

Blizzard Is Already Losing Its First Female Studio Co-Head


Jen Oneal, who recently assumed the top position at Blizzard in the wake of a significant reckoning at the company, will step down at the end of the year, she wrote in a statement today. Her co-lead, Mike Ybarra, will take over the rest of her responsibilities.Read more

Russia’s Constitutional Court Expects to Face Crypto-Related Cases


The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional...

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