Bank of Russia to Launch Digital Ruble Prototype by End of Year

Bank of Russia to Launch Digital Ruble Prototype by End of YearThe Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on par with Russia’s traditional currency. Bank […]

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Bank of Israel Drafts Model of a Digital Shekel

Bank of Israel Drafts Model of a Digital ShekelThe central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at any moment. The Israeli central […]

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Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds

Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll FindsOpponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans Reject Tax on Crypto Profits According to the poll, a […]

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Jiang Zhuoer Restructures Development Funding Proposal for Bitcoin Cash

Jiang Zhuoer Restructures Development Funding Proposal for Bitcoin CashOn January 31, Btc.top founder Jiang Zhuoer addressed the Bitcoin Cash (BCH) community again after his initial proposal last Wednesday was met with mixed responses. Zhuoer changed a number of specifics within the proposed Infrastructure Funding Plan for Bitcoin Cash and hopes the community will agree with his opinions. Also read: Cashfusion Far More Practical […]

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Japanese Crypto Exchanges Submit Business Improvement Plans

Japanese Crypto Exchanges Submit Business Improvement PlansSix government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Business Improvement Plans Submitted Six of Japan’s 16 government-approved cryptocurrency exchanges have […]

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Australian Gold Refinery Announces Plan to Develop Cryptocurrency

Australian Gold Refinery Announces Plan to Develop CryptocurrencyPerth Mint, Australia’s largest gold refiner, has announced plans for the development a cryptocurrency backed by physical gold. If successful in developing the altcoin, it will join a long list of virtual currencies seeking to entice cryptocurrency investors to experiment with commodity-backed virtual currencies, including Venezuela’s soon to be launched ‘petro’. Also Read: Venezuela Considers Selling […]

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