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China Expands Digital Yuan Accessibility Through Hardware Wallet Integration


Bank of China’s Qingdao Branch, in collaboration with telecom and digital finance partners, introduces digital yuan hardware wallet and "deferred payment" model to simplify transit payments. The post China Expands Digital Yuan Accessibility Through Hardware Wallet Integration appeared first...

Court Dismisses Custodia Bank’s Challenge Against Federal Reserve


In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged...

Stratis obtains VASP listing from Spain’s central bank


Stratis obtains a Virtual Asset Service Provider (VASP) listing from Spain’s central bank, The Banco de Espana, following a strict appraisal of its compliance policies. This is about the anti-money laundering regulations. Through this, Startis will be allowed to provide crypto-to-fiat...

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor


According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector....

Russian Government, Central Bank ‘Come to Consensus on Crypto’


Russian government bodies, the nation’s anti-money laundering agency, and the Central Bank have reportedly “come to a consensus” on crypto policy. The post Russian Government, Central Bank ‘Come to Consensus on Crypto’ appeared first on Cryptonews

Russia to Clarify Cryptocurrency Mining Gray Areas, Including Payments


Anton Siluanov, the finance minister of Russia, is prepared to discuss the gray areas surrounding cryptocurrency mining and the use of its proceeding for payments. In a recent lecture, Siluanov stated that the government needed to agree “on what can be done with cryptocurrency,”...

HSBC Launches Gold Token Service for Retail Investors in Hong Kong


Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. The new gold investment is available through the bank’s online banking service and app. The post HSBC Launches Gold Token Service for Retail Investors in Hong Kong appeared first on Cryptonews

Russia Discusses Testing Digital Ruble for Budget Payments


The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure...

SWIFT to Launch CBDC Platform in 2025-26: Report


SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies in the next one to two years. The post SWIFT to Launch CBDC Platform in 2025-26: Report appeared...

UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside


The UAE's central bank has announced a comprehensive strategy to implement a central bank digital currency (CBDC) for retail and wholesale use. In partnership with technology providers R3 and G42 Cloud, the UAE envisions that digital dirham will streamline cross-border transactions, enhance...

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