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Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
2.12.2020
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. Sberbank’s Crypto Plans...
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them
Russia’s Alfa-Bank offers blockchain platform for freelancers
1.12.2020
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank's blockchain-based services
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...
Russia's Sberbank plans release of its own crypto token, the 'Sbercoin'
30.11.2020
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act
Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says
30.11.2020
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview
European central bankers predict that the digital euro is at least five years away
30.11.2020
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
27.11.2020
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report
Moneta Monety Bank chystá nové internetové bankovnictví. Už nebude závislé na SMS
27.11.2020
Moneta po dlouhých letech změní internetové bankovnictví. To současné s lehkými změnami používá již od roku 2007, kdy se ještě jmenovala GE Money Bank. Nové, které začne brzy veřejně testovat, nenechá kámen na kameni.
První změnou bude již samotné přihlašování. Doposud se zadat jméno, heslo a
Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...
Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges
26.11.2020
The Swiss-licensed firm has launched a tokenization service and a trading platform, offering, it says, real-time settlement
South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges
26.11.2020
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...
Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note
26.11.2020
On November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed Vaneck...
Facebook’s Libra hires former OCC prosecutor and central bank expert
25.11.2020
The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
Economic justice doesn't need the blockchain, say advisors to ‘The Squad’
25.11.2020
Making digital cash work efficiently for public stimulus payments doesn't require a detour through blockchain technology, in the view of U.S. progressives
A digital yen will make the crypto market ‘more lively,’ says Monex CEO
25.11.2020
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan's recent interest in central bank digital currency
Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
24.11.2020
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because...