central bank – Page 6

Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried’s ‘Bail be Revoked and Defendant be Detained’

August 5, 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: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried’s ‘Bail be Revoked and Defendant be Detained’…
Read more

Ukraine demands local crypto businesses provide financials

August 1, 2023

Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said. The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information. The National Bank of Ukraine (NBU) has demanded four local crypto firms provide financial…
Read more

South Korea to pilot CBDC in one of these three cities, not Seoul

July 31, 2023

South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency. The Bank of Korea has narrowed down three regions for the piloting of its central bank digital currency (CBDC), which does not include the country’s capital, Seoul, according to a report from a local…
Read more

Crypto․com Granted Registration Approval in the Netherlands

July 30, 2023

Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform Crypto․com Adds Another Regulatory Approval in Europe Cryptocurrency exchange Crypto․com has secured an…
Read more

Indian Supreme Court raps Union government on crypto rules delay: Report

July 29, 2023

The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. The Indian Supreme Court on July 27 reprimanded the Union government for the lack of crypto regulations in the country, according to a report in a local…
Read more

Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia

July 26, 2023

President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other transactions, will enter into force on Aug. 1. President Putin Greenlights Law Introducing Digital Ruble as…
Read more

Federal Reserve of San Francisco hiring crypto architect for CBDC project

July 24, 2023

San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency. San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency project, an Indeed job posting has revealed. According to the role description, the employee will work on CBDC research and development. The position is full-time…
Read more

Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says

July 21, 2023

The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legislation, highlighted some of the advantages of programmable central bank money as he sees them. Central…
Read more

Russian CBDC by 2025? What’s happening with the digital ruble

July 19, 2023

2025–2027 might still seem far away, but the Central Bank of Russia is preparing its CBDC for mass adoption by then. The Central Bank of the Russian Federation’s (CBR) central bank digital currency (CBDC) project has been developing rapidly. The first news about the initiative appeared in 2020, and a regulatory bill was introduced in…
Read more

‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1

July 16, 2023

Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States. DeSantis Tells Carlson CBDC is ‘Not…
Read more

Tag: central bank