The Bahamian government hopes to allow residents to pay taxes with digital assets in 2022
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas.
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Russian central bank needs to ease up digital asset projects, governor says
Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy.
Brazilian Development Bank Sets Deadline for Completion of Blockchain Network
The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian…
Japan’s Central Bank Will Test Digital Yen Cautiously
Over the past years, developed and developing countries have shown a growing interest in central bank digital currency (CBDC). The Bank of Japan has recently announced a cautious approach to…
‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project
Less than two weeks after the consultation process’ start, the prevalent mood in the comments section appears quite negative.
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no…
Law Decoded: Paris is always a good idea, even for talking crypto policy — April 11–18
Ripple rejoices, the SEC gets challenged to a narrative battle and Brazil moves ahead with crypto legislation.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto…
Tether is gaining momentum against competing stablecoins, says Tether CTO
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Fitting the bill: US Congress eyes e-cash as an alternative to CBDC
From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash?
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