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ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’

Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of…

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India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor

India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta…

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Bank of Russia Supports Cryptocurrency Usage for International Settlements

The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these…

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Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years

Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions…

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Russia Discusses Testing Digital Ruble for Budget Payments

The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC…

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Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting…

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