Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year.
Category: Regulation News
Blockchain firm sues Coinbase for $350M alleging patent infringement
The plaintiff, Veritaseum believes that other centralized and decentralized crypto exchanges may have also unlawfully used the patent to facilitate crypto payments, trading and staking […]
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
Some governments can negatively impact Bitcoin’s environmental footprint by banning BTC mining, according to new data from Cambridge.
1M Aussies will enter crypto over the next 12 months — Swyftx survey
The findings come from the Annual Australian Crypto Survey, commissioned by Australian crypto exchange Swyftx.
California files order against Nexo interest account, says it’s 8th state to take action
The state Department of Financial Protection & Innovation says the crypto-interest account is an unqualified security; Nexo has limited the accounts since the BlockFi settlement […]
Terra co-founder Do Kwon says he’s ‘making zero effort to hide’ following Interpol notice
Do Kwon told his more than one million Twitter followers that he had not seen his name on Interpol’s Red Notice list, but not all […]
ECB should have DLT wholesale settlements when the market wants it, official says
Executive board member Fabio Panetta says it would undermine financial stability if the ECB were unprepared to use distributed ledge technology, but that’s the best […]
Singapore strives to remain relevant amid regulatory tightening for retail investors
Singapore’s largest bank expanded crypto trading for accredited investors only, aligned with financial authorities’ views.
Pro-centralization Russian president grants citizenship to Edward Snowden: Report
The views of the NSA whistleblower, who has been in Russia since 2013, seemingly clash with those of President Vladimir Putin, who has often worked […]
Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper
The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in […]