Auto Added by WPeMatico

Australia Issues White Paper for Central Bank Digital Currency

Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties…

Continue ReadingAustralia Issues White Paper for Central Bank Digital Currency

Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say

Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States…

Continue ReadingCrypto Payments May Not Help Russia Bypass Sanctions, Experts Say

Russia Starts Developing Mechanism for International Crypto Payments

Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry…

Continue ReadingRussia Starts Developing Mechanism for International Crypto Payments

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of…

Continue ReadingErdogan Suggests Turkish-Russian Payment System, Local Media Reports

Hong Kong to Start Testing Digital Currency in Coming Months

China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is…

Continue ReadingHong Kong to Start Testing Digital Currency in Coming Months

Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s…

Continue ReadingJapanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced…

Continue ReadingChina to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors

Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions…

Continue ReadingNasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors

Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups

Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm,…

Continue ReadingStudy: Samsung Named Most Active Investor in Crypto and Blockchain Startups