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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…
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Mexico Central Bank To Issue A CBDC By 2025
Victora Rodriguez Ceja the governor of Mexicos Central Bank (Banxico), announced that there will be a Central Bank Digital Currency (CBDC) in…
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Commerzbank Is The First German Bank To Apply For A Crypto License
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so. Commerzbank “applied for the…
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Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown
A statement made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies. A recent…
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Will Russian Banks Blocked From SWIFT Turn To Crypto?
Vladimir Putin’s recent decision to invade Ukraine has had a negative impact on the global financial system. Although markets have recovered this…