Tag: CBDC

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Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations

Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies and stepping up efforts to issue central bank digital…
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BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities

The world’s largest asset manager has launched a blockchain ETF, providing clients with greater exposure to crypto and blockchain-related companies. BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets.  On Wednesday, the world’s largest asset manager, which currently…
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Bored Apes Attacked, Bitcoin Sees Inflows Again, Ethereum Outflows Drop + More News

  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: Bored Apes Attacked, Bitcoin Sees Inflows Again, Ethereum Outflows Drop + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bank of Russia to Pilot Digital Ruble Settlements in 2023

Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial Digital Ruble in Settlements, International Payments The full launch of the…
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Digital Peso to Be Launched in Three Years According to Governor of Banxico

Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the new currency should fulfill the three traits of money…
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Macron or Le Pen: What promise does each presidential candidate hold for crypto?

Regardless of who wins the presidency, France is unlikely to deviate from the pan-European regulatory approach. As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the…
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Polygon’s Supernet, Stripe’s Crypto Move, Ulbricht’s Bitcoin Deal, Macron on Crypto Regulation + More News

  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: Polygon’s Supernet, Stripe’s Crypto Move, Ulbricht’s Bitcoin Deal, Macron on Crypto Regulation + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Russian Tax Body Suggests Allowing Crypto Pay in Trade Deals, Digital Ruble May Be Ready by 2023

  The Russian tax agency reportedly wants to allow companies involved in cross-border trade to accept crypto as a form of payment – and pay foreign exporters in cryptoassets. And the Central Bank has claimed that its digital ruble could be ready as soon as next year…. Read More: Russian Tax Body Suggests Allowing Crypto…
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Chinese Man Uses Digital Yuan to Pay Court-issued Fine in Legal First

  Chinese media outlets have been reporting on a new first for the digital yuan – with the central bank-issued token used to pay a court-issued fine for the first time. Per Chinaqw, on April 19, a man surnamed Wei, the plaintiff in a motor vehicle traffic accident liability dispute case, had been handed a…
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Bahamian government hopes to allow residents to pay taxes with digital assets in 2022

“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or CBDC, to pay for taxes. In…
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