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Crypto-Friendly Bank Silvergate Faces Probe For Dealings With Bankrupt FTX
Cryptocurrency-focused bank Silvergate is facing investigation from the US Justice Department for suspicious dealings with FTX and its affiliated Alameda Research. The…
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Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor
Russia’s largest bank Sber has partnered with Solfer – a processor of precious metals – to launch gold-backed digital financial assets (DFAs).…
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Kazakhstan Plans CBDC Development Until 2025, Passes Bill Capping BTC Mining
Kazakhstan is making significant progress in developing its central bank digital currency (CBDC), having completed trial phases. In a report released by…
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Australian CBDC Pilot Program eAUD Receives 140 Use Cases Amidst Growing Interest
The Australian eAUD program – researching the use cases of a CBDC in Australia – has attracted a growing interest in the…
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US Banks Partner With NY Fed For CBDC Blockchain Pilot
Major US financial institutions are launching a 12-week proof of concept (PoC) test program for a central bank digital currency (CBDC). BNY…
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Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs
Cryptocurrency financial firm Galaxy Digital has collaborated with Itáu Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil.…
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Russia Is Considering Digital Ruble Settlements With China
Russia plans to issue a Central Bank Digital Currency (CBDC), the digital ruble, in mutual settlements with China. Anatoly Askakov provides a…
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Iran Set To Launch Its CBDC, Crypto Rial
The Central Bank of Iran is ready to launch its own Central Bank Digital Currency dubbed “Crypto Rial”. Central Bank Digital Currencies…
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European Central Bank Hints At A Possible Crypto Mining Ban
In newly released research articles, the European Central Bank (ECB) has hinted at a possible crypto mining ban, citing the issues of cryptocurrency…
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Morocco’s Central Bank To Introduce Cryptocurrency Regulation Bill
Bank Al-Maghrib (BAM), Morocco’s central bank, is working on a regulatory framework for the use of cryptocurrencies. BAM Governor, Abdellatif Jouahri stated that…