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Foreigners to Be Given Anonymous Entry Points to Digital Ruble, Russian Official Suggests
15.9.2022
Foreign nationals should be able to buy Russia’s upcoming digital ruble through entry points providing anonymity, according to a high-ranking member of the Russian parliament. The idea circulated in Moscow aims to protect these investors from Western sanctions. State Duma Deputy Proposes...
Egypt’s Central Bank Issues Crypto Warning — Violators Risk Imprisonment
15.9.2022
The Central Bank of Egypt (CBE) has issued a fresh warning about cryptocurrency, noting that violators could face imprisonment. The Egyptian central bank’s law “prohibits issuing, trading, or promoting cryptocurrencies, creating or operating platforms for trading it, or carrying...
Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
14.9.2022
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology
14.9.2022
A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various...
OpenNode sets up BTC payment infrastructure in Bank of Bahrain regulatory sandbox
13.9.2022
The kingdom in the Persian Gulf is taking its latest step in transforming its economy away from oil with the Bitcoin and Lightning Network infrastructure provider’s trial
Uruguay’s Executive Branch Proposes Crypto Bill for Central Bank to Regulate Virtual Assets
13.9.2022
The project must be approved by the country’s Chamber of Deputies and its Senate before becoming law
New regulatory bill grants Uruguayan Central Bank control over the nation's crypto industry
13.9.2022
The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation
Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions
13.9.2022
According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restrictions. Individuals may not hold local currency whose value exceeds $57.00 or 3,000 birr....
Russia aims to set rules for crypto cross-border payments by year's end
13.9.2022
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said
WazirX Bank Accounts Unfrozen, Continues to Cooperate With ED
13.9.2022
WazirX has published an official blog post to clarify that it will continue cooperating with the Enforcement Directory in its actions against allegedly accused fintech companies and instant loan mobile applications. WazirX is an Indian crypto trading platform established in 2017 by Siddharth Menon...
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
13.9.2022
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are...
Canadia's new opposition leader is a Bitcoiner
13.9.2022
The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance
Abra announces plans for US bank supporting digital assets
12.9.2022
Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively
Crypto Services Firm Abra "In Process" of Forming US Bank
12.9.2022
Abra expects its banking platform to launch in 2023
Actualización de Ethereum puede generar mayor adopción institucional de ether, según Bank of America
12.9.2022
El banco afirmó que los inversores a los que se les prohíbe comprar tokens que funcionan con proof-of-work podrían comprar ether luego de que la blockchain cambie a un mecanismo proof-of-stake
Bank of America Says the Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether
12.9.2022
The notable reduction in energy consumption after the Merge may allow some institutional investors to purchase ether (ETH) for the first time
Digital Asset-Focused Bank Protego Trust Names Ron Totaro as CEO
12.9.2022
Protego added Bitfury’s CEO to its board of directors in February and raised $70 million last year
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
Norwegian central bank uses Ethereum to build national digital currency
12.9.2022
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated