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Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets
23.12.2021
The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins.
Per Fn News, KB has developed solutions using the Klaytn blockchain protocol, which...
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
22.12.2021
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency...
From eNaira to eHryvnia, a Caribbean fintech develops CBDC around the world
20.12.2021
"We're also excited that when working with central banks, we can do it in a way that is through regulation and compliance," says Bitt CEO Brian Popelka
Bank of Russia governor: Banning crypto in Russia is 'quite doable'
17.12.2021
"We cannot welcome investments into cryptocurrencies," says Central Bank of Russia governor Elvira Nabiullina
Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
HSBC and IBM create successful multi-ledger CBDC demo
16.12.2021
The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex
Russia to decide between blanket crypto ban and legalizing exchanges in 2022
16.12.2021
The world's biggest country will reach a crossroads on crypto regulation as it enters 2022
Kazakhstan's central bank reports results on CBDC pilot project
16.12.2021
The National Bank of Kazakhstan said it plans to present some of the results of the CBDC study to stakeholders in July 2022 and reaching a decision on launching a digital tenge by December
Luno CEO: ‘Industry Accelerated a Lot Faster This Year Than We Anticipated’
16.12.2021
The pace of the crypto industry’s acceleration in 2021 has surprised many, including Marcus Swanepoel, CEO of cryptocurrency exchange Luno. Swanepoel recently remarked: “We knew it was coming, but just not that fast, particularly in certain subsectors like NFTs and some...
Tanzanian Central Bank Governor: Cryptocurrencies Not Outlawed, Traders Should Invest at Own Risk
15.12.2021
The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk. Central Bank Open to Ideas The governor of the Bank of Tanzania (BOT), Florens Luoga, recently...
New Delhi Ready to Back Down on Crypto Regulation, Claims Anonymous Gov’t Source
15.12.2021
It’s a case of another day, another twist in the seemingly endless saga of India’s crypto legislation. And this time the protagonists in the saga, the nameless sources leaking information to the domestic press, are claiming that the cabinet is not on the verge of doing anything with crypto after...
Law Decoded: A different Congress hearing, Dec. 6–13
14.12.2021
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn
Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate
13.12.2021
Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (central bank digital currency) an attractive option to use. E-Naira Still Unattractive to Users Some Nigerian...
UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions
13.12.2021
The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised concerns regarding China and its digital renminbi. Sir Jeremy Fleming stated that the already existent Chinese CBDC could be used to collect information from users...
Russia to Allow Foreign Residents to Own and Use Digital Ruble
13.12.2021
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
10.12.2021
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities....
Russia prioritizes CBDC ruble as overall crypto outlook seems positive
10.12.2021
What is the future of cryptocurrencies in Russia, and can a digital ruble really be introduced in the coming years?
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....
Kazakhstan to decide whether to launch CBDC by late 2022
9.12.2021
One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency
Eastern Caribbean CBDC expands to another two territories
9.12.2021
Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC