Russia to Allow Foreign Residents to Own and Use Digital Ruble
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization…
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Regulator Claims South Africa Set to Unveil Cryptocurrency Regulatory Framework in Early 2022
In early 2022, South Africa will have a new regulatory framework that covers cryptocurrencies, a commissioner with a regulatory body has said. Highly Risky Products South Africa’s financial sector regulator,…
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially…
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project…
Kazakhstan to decide whether to launch CBDC by late 2022
One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency.
Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’
The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The…
Central bank tells Thai banks not to offer crypto trading
The Bank of Thailand doesn’t want local banks or businesses using crypto, while the tourism ministry is still trying to attract crypto whales.
Smart crypto policy could keep India’s tech dominance on top
Experts are fairly confident that the Indian government will most likely choose to regulate rather than ban its thriving crypto economy.
Bank of Russia Rejects Provision of Crypto-Related Financial Services
Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as…
ECB Paper Marks Success Factors for CBDCs, Digital Euro
A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors…
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