State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan.
An Institutional platform for digital currency investment has posted substantial amounts of funds so far, following the recent bullish trends with Bitcoin and other cryptocurrencies. Grayscale investments most recently posted over $5 billion in assets under management (AUM). Grayscale investment assets dominated by BTC trust On Wednesday, the digital currency investing and management company shared […]
Russia’s largest bank Sberbank is considering a stablecoin launch compliant with the recently passed cryptocurrency law. Russian President Vladimir Putin signed a cryptocurrency that provides legal status to cryptocurrencies. However, the law does not allow cryptocurrencies to be used as a method of payment. As such, Sberbank is looking to develop a ruble-pegged coin that […]
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity.
Visa appeared on Wednesday to redouble its efforts to “shape and support” cryptocurrency’s place in the “future of money.”
According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC.
A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin.
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says.
Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC.