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Swiss National Bank Trials CBDC in Transactions With Five Banks


The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services...

Kleiman V Wright Jury Still Deliberating Verdict on Satoshi Nakamoto Trial


Both parties finished their closing arguments on Day 15 of the Kleiman v Wright civil trial that started three weeks ago on November 2. Now, the jury is deliberating over the verdict and is tasked with deciding 25 questions about the case. The Plaintiff’s Closing Argument Vel Freedman, counsel...

Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright


On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help...

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....

Russia to Change 13 Laws and Codes for Digital Ruble


Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia...

German Trial Reveals OneCoin Cryptoqueen's USD 18.2M London Penthouse


As the German lawyer of Ruja Ignatova, the creator of the notorious OneCoin Ponzi scheme, is on trial in Germany on money laundering charges, the legal proceedings have shed some light on her assets including the purchase of a luxury London penthouse. ... Read More: German Trial Reveals OneCoin...

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