Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank...
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled....
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining...
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed...
Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The...
According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise...
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid...
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro...
While gold’s been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33%...
Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume,...
The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according...
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its...
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency....
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency....
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media...
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according...
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday....
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming...
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be...
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European...
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for...
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian...
