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Caribbean CBDC Functional Again After Two-Month Outage


  A digital version of the Eastern Caribbean dollar (XCD) known as DCash is working again as of Wednesday, after being down for almost two months due to a technical glitch. The central bank digital currency (CBDC), issued by the Eastern Caribbean Central Bank (ECCB), has been offline since...

Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies


The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...

Crypto Community is Divided on Biden’s Crypto Executive Order


  American crypto traders and investors are likely to face a new raft of regulations after the United Stated President Joe Biden issued an Executive Order entitled: “Ensuring Responsible Development of Digital Assets.” The document seeks to create a framework of stricter and – some argue – more...

These Are the Latest Crypto Regulatory Moves by US and EU


  While the US President Joe Biden is reportedly set to sign a new crypto- and central bank digital currency (CBDC)-related executive order, the European Union is set for a vote on the much-discussed Markets in Crypto Assets (MiCA) framework. Biden is expected to sign an executive order this...

China’s Digital Yuan Set for Local Adoption, Airport, Banking Drives


  China’s digital yuan is edging ever closer to a nationwide rollout, with banks, airports, and provinces looking to boost their adoption efforts following last month’s Winter Olympics and ahead of the Paralympic Winter Olympics.... Read More: China’s Digital Yuan Set for Local Adoption, Airport...

Private Banks Propose to Help Design Digital Currency in Mexico


Private banks in Mexico want to join efforts with the central bank of the country in the creation of a new digital currency. The president of the Mexican Bank Association (ABM) met with the governor of the Bank of Mexico to offer the help of the group of private banks for the creation of a […]

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