Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments – Finance Bitcoin News
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be...
Finance
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto – Finance Bitcoin News
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements – Finance Bitcoin News
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks – Finance Bitcoin News
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian...
Financial Companies Report First Deal With Digital Assets Under Russian Law – Finance Bitcoin News
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection – Finance Bitcoin News
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves – Finance Bitcoin News
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp...
Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as...
Sberbank to Conduct First Digital Asset Transaction on Own Platform – Finance Bitcoin News
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform...
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of...
Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody – Finance Bitcoin News
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions – Finance Bitcoin News
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’ – Finance Bitcoin News
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the...
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z – Finance Bitcoin News
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the...
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says – Finance Bitcoin News
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF – Finance Bitcoin News
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF...
2 out of 5 Survey Respondents Hid Their Crypto Purchases – Bitcoin News
A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise – Finance Bitcoin News
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider...
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund – Finance Bitcoin News
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals – Finance Bitcoin News
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy...
Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange – Finance Bitcoin News
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during...
