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Russian central bank governor says CBDCs will be part of everyday life by 2031
Bank of Russia Governor Elvira Nabiullina reiterated the regulator’s belief that the digital ruble, Russia’s central bank digital currency (CBDC), will achieve widespread adoption within the next five to seven years. дальше »
2024-8-2 23:30 | |
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Azerbaijan’s central bank holds back on CBDC over monetary policy concerns
Azerbaijan is taking a cautious approach to the development of a central bank digital currency, citing concerns over monetary policy and financial stability. The Central Bank of Azerbaijan hasn’t made plans to issue a central bank digital currency at this… дальше »
2024-8-2 14:35 | |
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Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC
Federal Reserve Chair Jerome Powell suggested on Wednesday that the central bank might reduce interest rates at its upcoming September meeting if the current trend of easing inflation continues. This announcement comes as recent data indicates a decline in inflation closer to the Fed’s 2% target, while unemployment has risen slightly above 4%. дальше »
2024-8-1 22:31 | |
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Bank of Russia eyes full-scale digital ruble launch by next July
The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digital currency — also known as the… дальше »
2024-7-31 15:34 | |
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Russia’s central bank warns scammers weaponized memecoins, tap-to-earn games
The Bank of Russia has issued a public warning, stating that bad actors are increasingly using memecoins and tap-to-earn games to deceive victims. Russia‘s central bank released a report on Monday detailing a rapid increase in financial scams within the… дальше »
2024-7-30 17:00 | |
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$TAO: Leading the Charge In Decentralized AI Market Growth
Bittensor_’s mission to accelerate the development of open-source intelligence markets for AI applications is unmatched in the Web3 space. Central to this mission is $TAO, the altcoin that powers Bittensor’s decentralized machine learning network, which has taken a prominent position in the current bull cycle. дальше »
2024-7-29 08:23 | |
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Russia mulls launching tokens backed by cenbank-owned gold: report
As sanctions keep biting, Russia is exploring gold-backed tokenized assets for cross-border trades, with plans for broader testing by year-end. Russian lawmakers are exploring the introduction of gold-backed tokenized assets, directly managed by the central bank, as a solution for… дальше »
2024-7-27 14:32 | |
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UAE Central Bank introduces new Stablecoin regulations
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. дальше »
2024-7-23 20:41 | |
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The Importance of Smart Contract Audits
In the blockchain sector, a positive first impression is key to earning trust. With smart contracts being central to blockchain projects, their security is crucial. Here’s why smart contract audits are essential - and how they can prevent potential disasters. дальше »
2024-7-23 11:52 | |
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Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC
Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country while calling for an expansion of its central bank digital currency (CBDC), the digital rouble, in a July 17 meeting. дальше »
2024-7-18 01:30 | |
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Mark Cuban: Silicon Valley betting on Bitcoin with Trump support
Mark Cuban opined that Bitcoin is the central theme behind the support of Silicon Valley giants for former President Donald Trump’s political aspirations. дальше »
2024-7-18 21:01 | |
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Cambodia’s CBDC developer to construct bond market for Palau on blockchain: report
A Japanese fintech developer will create a blockchain-based bond market gateway for Palau, aiming to launch a trial in 2024 and a full roll-out the following year. Japanese fintech developer Soramitsu, best known for developing a central bank digital currency… дальше »
2024-7-15 13:39 | |
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Sen. Cynthia Lummis praises Bitcoin, calls CBDCs ‘the beast’
Sen. Cynthia Lummis reiterated her Bitcoin agenda on Friday and derided the merits of Central Bank Digital Currencies (CBDCs) in an interview with Fox Business host Larry Kudlow. In a recent interview with Fox Business on Friday, July 13, Lummis… дальше »
2024-7-14 16:32 | |
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Israel CBDC plans on hold ahead of potential digital euro launch
The Bank of Israel made it clear that it’s in no hurry to launch its digital shekel, opting to wait and observe the developments of the digital euro first. Israel‘s central bank is waiting for Europe’s central bank “to pull… дальше »
2024-7-10 15:58 | |
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Italian central bank set to introduce crypto guidelines
Italy's central bank is set to publish crucial cryptocurrency guidelines to facilitate the effective application of MiCA. дальше »
2024-7-11 10:13 | |
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Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency. дальше »
2024-7-9 08:01 | |
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Russia contemplating permanently legalizing stablecoins for cross-border payments
The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. дальше »
2024-7-4 22:48 | |
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Russia’s central bank might legalize stablecoins for trades with China: report
The Bank of Russia is considering approving stablecoins for cross-border trades, as local businesses explore alternative methods to conduct trade with China amid sanctions. Russia‘s central bank, the Bank of Russia, is considering the legalization of stablecoins for cross-border transactions… дальше »
2024-7-4 12:36 | |
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Bahamas regulator to require local banks to provide access to CBDC
The Bahamas’ central bank has indicated its intention to force all local banks to accept the country’s digital currency as its popularity slides. The Central Bank of The Bahamas plans to mandate all local banks to adopt the country’s central… дальше »
2024-7-2 16:21 | |
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USD/ZIG: Zimbabwe Gold steady after central bank decision
The USD/ZIG exchange rate has remained relatively stable this month as the use of the Zimbabwe Gold continues. According to the Zimbabwe Central Bank, the pair was trading at 13. 68 on Wednesday, where it has been in the past few weeks. дальше »
2024-6-27 13:31 | |
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Zeta Markets Launches ZEX Token, Distributes 10% of Supply Through Airdrop
Zeta Markets launches ZEX token, distributing 10% via airdrop to users. ZEX is central to governance, staking, and Zeta X on Solana. The post Zeta Markets Launches ZEX Token, Distributes 10% of Supply Through Airdrop appeared first on BeInCrypto. дальше »
2024-6-27 12:45 | |
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BIS urges central banks to adopt AI to mitigate economic and financial risks
The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic Report for 2024, the BIS emphasized that the widespread adoption of AI could affect inflation trends and urged […] The post BIS urges central banks to adopt AI to mitigate economic and financial risks appeared first on CryptoSlate. дальше »
2024-6-26 03:11 | |
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India’s CBDC activity declines sharply after artificial pump: report
India’s digital currency, known as the e-rupee, is experiencing a sharp decline in activity after local banks ceased artificially inflating its metrics. India‘s central bank digital currency (CBDC) appears to be losing momentum, dropping sharply to a fraction of its… дальше »
2024-6-25 14:47 | |
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Bitcoin Rights Secured In Louisiana: New Bill Protects BTC And Shuns CBDCs
Bitcoin, the leading cryptocurrency asset in the financial sector, is set to garner more recognition as the state of Louisiana has enacted a historic law that will safeguard BTC access while outlawing the use of Central Bank Digital Currencies (CBDCs). дальше »
2024-6-25 14:30 | |
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Fresh from the Trading Room: Corn, Cattle, Canada
Bank of Canada's recent interest rate cut, the first among G7 central banks, could be a harbinger of similar actions by other central banks in developed economies. The shift towards looser monetary policy could have significant implications for commodities. дальше »
2024-6-25 10:45 | |
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Swiss central bank extends CBDC pilot until 2026
The Swiss National Bank moves forward with its digital franc pilot, extending it by at least two more years. The Swiss National Bank (SNB) has decided to extend its pilot program for issuing a wholesale central bank digital currency (CBDC)… дальше »
2024-6-21 14:01 | |
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Iran to pilot CDBC in Kish Island starting July
The Central Bank of Iran (CBI) will begin a trial of its central bank digital currency (CBDC), the digital rial, in Kish Island starting in July. The central bank said on June 19 that banking network customers and tourists can use the digital rial wallet to make purchases and transfers between wallets via barcode without […] The post Iran to pilot CDBC in Kish Island starting July appeared first on CryptoSlate. дальше »
2024-6-20 03:55 | |
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UniCredit CEO endorses digital euro with banks’ role intact
UniCredit CEO Andrea Orcel voiced his support for a digital euro if only banks retain their central role in its implementation and operation. Digital euro could be a “very good” thing if financial lenders retain their central role, UniCredit CEO… дальше »
2024-6-20 15:03 | |
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IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said. дальше »
2024-6-20 10:21 | |
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Is Donald Trump actually launching an official coin?
There’s no official confirmation about whether DJT on Solana is linked to Donald Trump’s campaign — but there are several reasons why the former president might be tempted. Donald Trump has railed against central bank digital currencies, opened the door… дальше »
2024-6-19 20:15 | |
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Iran to start public pilot for digital currency on Kish Island
Iran’s central bank is set to launch a pilot for its digital rial enabling cashless transactions for banking customers. The Central Bank of Iran (CBI), also known as Bank Markazi, has announced the operational phase of its digital currency known… дальше »
2024-6-19 15:10 | |
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Korean court gets new evidence alleging Terra’s Kwon deceived investors with fake transfers
South Korean prosecutors have found new evidence alleging that Terra founder Do Kwon conspired with former Chai CEO Shin Hyun-Sung to deceive investors with fake transactions. Terraform Labs co-founder Kwon Do-Hyeong, a central figure in the collapse of the Terra… дальше »
2024-6-18 11:08 | |
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BIS reveals almost every major central bank is interested in wholesale CBDCs
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them globally are now engaged in exploring central bank digital currencies (CBDCs) — reflecting a sharp increase in experiments and pilots, especially with wholesale CBDCs. дальше »
2024-6-16 03:45 | |
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Central banks less likely to issue retail CBDCs in mid-term, BIS says
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)… дальше »
2024-6-14 15:34 | |
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Congressman Massie says support for legislation to abolish Federal Reserve has grown 10x
US Congressman Thomas Massie has reintroduced legislation aimed at abolishing the Federal Reserve, a move he says was inspired by a seminal book on Bitcoin. The bill, known as the “Federal Reserve Board Abolition Act,” marks the first attempt in a decade to dismantle the nation’s central banking system. дальше »
2024-6-14 01:31 | |
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