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Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States
21.4.2023
Elvira Nabiullina, governor of the Bank of Russia, has affirmed the bank has stockpiled reserves in assets that are not susceptible to being affected by U.S. sanctions. The official clarified that Russia has built a “safety cushion” in these assets while it continues working on creating...
Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business
20.4.2023
Metropolitan Commercial Bank is close to done with its exit from the cryptocurrency market with only $278.5 million in crypto-related deposits left, according to a filing with the Securities and Exchange Commission (SEC) from April 18
Foreign trade and pensions: What’s next for Russia’s CBDC project?
20.4.2023
The Russian digital ruble pilot launch was delayed until at least May, but the government still hopes to kick off the currency in 2024
Staking Provider P2P.org Raises $23M From Big-Name Investors to Drive Institutional Offering
20.4.2023
The investment comes from Web3 investor Jump Crypto, crypto exchange Bybit and digital asset bank Sygnum
Multiple Silvergate lawsuits over alleged FTX ties combined by judge
20.4.2023
Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits
Bank of Russia to set up entities for crypto mining and cross-border settlement: Report
19.4.2023
Russia's central bank plans to create new institutions to mine crypto assets and settle international payments
Russia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank
19.4.2023
Bank of Russia is planning to allow mining and using cryptocurrencies for cross-border trade, the regulator said
Gold Slides on Higher US Treasury Yields, Dollar
19.4.2023
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors...
Belarus to decide on issuing CBDC by year's end: National bank chair
19.4.2023
Chairman of the Belarusian national bank Pavel Kallaur said a decision on a CBDC would be made “at the level of head of state” after consultations
Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis Validator Deposit Smart Contract Going Live on Thursday
19.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis...
Prosecutors Seek Seven-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case
19.4.2023
The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements
19.4.2023
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying. Russia’s Central Bank...
BIS, Bank of England concludes blockchain int’l settlements pilot
19.4.2023
The insights of Project Meridian would be used by the Bank of England in its Real-Time Gross Settlement (RTGS) system
ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations
18.4.2023
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However...
BNY Mellon Going 'Incredibly Slow' on Crypto Products
18.4.2023
Bank of New York Mellon (BK) said it doesn’t consider itself a crypto bank and will continue to move slowly investing in the space during its first quarter earnings call on Tuesday
MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
18.4.2023
Bank of America and Fidelity have increased their MicroStrategy exposure in what appears to be a passive Bitcoin investment
Russian Central Bank OKs ‘Experimental’ Use of Crypto in International Trade – More Crypto Adoption Incoming?
18.4.2023
The Russian Central Bank has said it is prepared to allow trading firms to do international business in a controlled “experimental” environment.
Per RIA Novosti, the Central Bank Governor and long-serving Vladimir Putin ally Elvira Nabiullina has come to terms with the fact that “cryptocurrency...
Cubist Launches Bank-Grade Ethereum Key Management Service
18.4.2023
Cubist also announced that Web3 staking provider Ankr is its first key management customer
Bank of England Explores Digital Pound for Wholesale Markets – CBDC Adoption on the Rise?
18.4.2023
A Bank of England (BoE) official has said that a digital version of the British pound could soon be used in wholesale markets, potentially taking the UK one step closer to a central bank digital currency (CBDC)....
Read More: Bank of England Explores Digital Pound for Wholesale Markets – CBDC...
Bitcoin․com Launches VERSE Staking as Ecosystem Token and DEX Heat Up
18.4.2023
As the traditional banking system experiences growing instability with the failures of Silicon Valley Bank, Signature Bank, Silvergate Bank, and Credit Suisse, more individuals are turning to decentralized finance (DeFi) as a secure and attractive alternative. Verse DEX, Bitcoin.com’s...