Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Kazakhstan Launches Consultation on Proposals to Improve Crypto TradingFinancial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority, […]

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Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year. Financial Authorities in Georgia Gear Up […]

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ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks

ECB Economists Suggest Limiting Access to Digital Euro to Protect BanksA group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB) to €3,000 per person. Limited Availability of Digital Euro […]

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Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel

Public Consultations Reveal Positive Interest in Bank of Israel’s Digital ShekelA survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank of Israel Releases Results From Consultations on Digital Shekel Project […]

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Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, MiningTrue to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]

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ECB Paper Marks Success Factors for CBDCs, Digital Euro

ECB Paper Marks Success Factors for CBDCs, Digital EuroA 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 also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used […]

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Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues

EthereumA recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be the main cause of this. […]

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New Paper: Ripple Network Doesn’t Meet Criteria To Reach Consensus

A brand-new paper which analyzes the Ripple network concluded that the network does not reach true consensus, as its protocol “may violate safety and liveness,” and doesn’t follow the established models and algorithms for a Byzantine agreement. Report Claims XRP’s Network Is Vulnerable to Malicious Actors According to Ignacio Amores-Sesar, Christian Cachin, and Jovana Micic, […]

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‘You Are Not Anonymous on Tor’ – Study Shows Privacy Network Offers Superficial Anonymity

'You Are Not Anonymous on Tor' - Study Shows Privacy Network Offers Superficial AnonymityPrivacy advocates are growing leery of the Tor network these days, as recently published research has shown a great number of network’s exit relays are compromised. Furthermore, on September 15, the Hacker Factor Blog published a new Tor report that shows IP addresses being uncovered. The paper called “Tor 0-day” says that it is an […]

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