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.
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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…
Russia to Decide Fate of Crypto Exchangers in 2022
Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in…
Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital…
Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto
Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools…
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds
With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian…
Tanzania reportedly makes plans to launch CBDC
The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga.
Russians transact $5B in crypto each year, Bank of Russia says
Though Russia has become a global leader in the crypto market, the Bank of Russia is still skeptical about Bitcoin.
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