Search Results for: New Development Bank

Ripple Has No Plans to Settle With SEC Over XRP, Confident Gensler Will Drop the Lawsuit

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Amid the ongoing lawsuit with the U.S. Väärtpaberi- ja börsikomisjon (SEC), Ripple’s legal team reportedly said that they have no plans to settle with the securities watchdog. They are confident that SEC Chairman Gary Gensler will be convinced that pursuing…

Venemaa Pank aeglustab makseid krüptobörsidele, Piirake venelaste impulsiivseid investeeringuid

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Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely…

Türgi keskpank laiendab uurimistööd, Valmistub testima digitaalset liiri uuel platvormil

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The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of…

Hiina Hebei provints alustab krüptokaevandamise ja -kaubanduse mahasurumist, Aruanded paljastavad

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Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of the…

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

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The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, riik’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent…

BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets

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The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDC-d) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to…