Blockchain.com scores payment license from Singapore central bank
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions. Go to Source
Central Bank
Auto Added by WPeMatico
Ukraine demands local crypto businesses to provide financials
Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said. Go to Source Powered by WPeMatico
South Korea to pilot CBDC in one of these three cities, not Seoul
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency. Go to Source Powered by WPeMatico
Indian Supreme Court raps Union government on crypto rules delay: Report
The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. Go to Source Powered by WPeMatico
Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams. Go to Source Powered by WPeMatico
Federal Reserve of San Francisco hiring crypto architect for CBDC project
San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC). Go to Source Powered by WPeMatico
Russian CBDC by 2025? What’s happening with the digital ruble
2025–2027 might still seem far away, but the Central Bank of Russia is preparing its CBDC for mass adoption by then. Go to Source Powered by WPeMatico
Ron DeSantis vows to ban CDBCs in the US if elected president
Speaking at the Family Leadership Summit on July 14, DeSantis promised to ban CBDCs in the United States if he is elected president. Go to Source Powered by WPeMatico
United Kingdom’s digital pound meets public backlash — Why?
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? Go to Source Powered by WPeMatico
Federal Reserve’s banking bailouts reach a new weekly high of $103B
The Fed’s emergency loan facility has reached new highs as embattled banks are needing a central bank bailout. Go to Source Powered by WPeMatico