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

Chinas 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 the move while highlighting that the Peoples Bank has been stepping......

US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks

USA. Department of the Treasury is seeking public input ondigital-asset-related illicit finance and national security risks.The department warned: “The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist and proliferation......

Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional......

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming......

Ripple, et osaleda Digital Dollar Projecti CBDC liivakastiprogrammis

The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech firm Ripple is among......

Ghana keskpank teatas regulatiivse liivakasti käivitamisest

Ghanas recently launched regulatory and innovation sandbox is the latest proof of the central banks commitment to a regulatory environment that promotesinnovation, financial inclusion and financial stability,” a statement released by the Bank of Ghana has said. According to the......

Venemaa Pank seab eesmärgiks digitaalse rubla täieliku kasutuselevõtu 2024

The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital......

WEF-i suurepärane lähtestamiskava saab kriitikutelt jätkuvalt märkimisväärset tagasilööki

Amid the Covid-19 pandemic in 2020, the worlds bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. Since......