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Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

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New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax…

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

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Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key…

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

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A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries…

Picpay pakub Brasiilias krüptovaluutateenuseid rohkem kui 60 Miljon klienti

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Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto…

SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection

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SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments…

FTX asutaja Sam Bankman-Fried arvab, et Bitcoinil pole maksevõrguna tulevikku

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Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill…

Usbekistani president annab välja krüptovaluutat reguleeriva dekreedi, Kaevandamine ja kauplemine

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Usbekistani valitsus on asunud laiendama oma krüptoeeskirju president Šavkat Mirziyojevi allkirjastatud dekreediga. Dokumendis on määratletud sellised terminid nagu krüptovarad, vahetada, ja kaevandamine, ja määrab tööstuse peamise reguleeriva asutuse. Agency…

Venemaa Pank katsetab digitaalseid rublaarveldusi 2023

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Venemaa’s rahaasutus kavatseb järgmisel aastal teha esimesed arveldused digitaalse rublaga, teatas selle kuberner sel nädalal. Venemaa seadusandjatega rääkimine, Ametnik rõhutas uue valuuta olulist rolli Venemaa jaoks sanktsioonide tingimustes….

Digitaalne rubla "Väga vaja,“ ütleb Venemaa keskpank, Ei viivita testimisega

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Venemaa keskpank on rõhutanud oma digitaalse rubla projektiga edasi liikumise olulisust. Tippesindaja avalduse kohaselt, rahandusasutusel ei ole kavatsust katseid edasi lükata, vaatamata sellele, et kõik pangad ei ole kutsutud…

Venemaa Kaubanduskoda soovitab kasutada krüptovaluutasid arveldustes Aafrikaga

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Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged…