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Philippines Central Bank May Decide on CBDC Issuance by Next Month


Another day, another central bank said it (conditionally) wants to issue a digital currency. This week it is the turn of the Philippines, whose central bank has created a committee that will examine the feasibility and policy implications of issuing a digital version of the fiat peso. The committee...

New Russian Law Bans Bitcoin Payments for Goods and Services


Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

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