[ad_1] Russia’s new form of fiat, the digital ruble, will make spending more efficient on government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in implementing the…
Category: Digital Currency
Sberbank, Russia’s Biggest Lender, To Offer Crypto Asset Trading This Month
[ad_1] Russian banking giant Sberbank enters the cryptocurrency trading business. According to the release, the bank will start providing crypto asset services to its customers this month. This exciting new phase in…
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban – Africa Bitcoin News
[ad_1] The Federal Government of Nigeria said on May 3 that it had passed what it called a “national blockchain policy.” Nigeria’s minister of communications and digital economy, Isa Pantami, said the…
China Pushes Digital Yuan for Wage Payments in Changshu – News Bitcoin News
[ad_1] Changshu, a Chinese city of more than 1.5 million residents, will pay public workers’ salaries in China’s central bank’s digital currency (CBDC), the digital yuan. The move marks an acceleration of…
US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’ – Economics Bitcoin News
[ad_1] According to the US Federal Reserve, the central bank’s Fednow payments service will begin operations in July, and participants will be certified in April to take advantage of the Fednow Pilot…
Florida Governor Proposes Legislation To Ban Central Bank Digital Currency CBDC
[ad_1] Governor Ron DeSantis of Florida has proposed legislation aimed at protecting residents of the state from the potential risks associated with central bank digital currencies (CBDC) and the increased government oversight…
Russian Parliament Votes on Bill Opening Door for Digital Ruble – Finance Bitcoin News
[ad_1] Russian lawmakers have approved a bill facilitating the adoption of a digital version of the national currency, the ruble. The law amends various other acts to introduce definitions and establish procedures…
British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams – Bitcoin News
[ad_1] On 14 March 2023, UK-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams costing UK consumers £329m annually. The limit imposed on crypto exchanges is £1,000 daily…