Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

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

IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600

V sredo, ZDA. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across the

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal

Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the regions 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

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

Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain

Cardano, the third cryptocurrency ranked by market cap, has successfully applied theAlonzohard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet days ago, finally was incorporated in mainnet yesterday. Cardano is now

Hrvaško podjetje za e-kolesa Greyp Bikes integrira plačila s kriptovalutami

Greyp Bikes, a company founded by Croatian innovator and entrepreneur Mate Rimac, has integrated crypto payments into its online billing system. All of its high-tech cycling products can now be purchased using nine different coins thanks to a partnership with payment

BIS poziva centralne banke, naj nujno razvijejo CBDC za konkurenco kriptosredstvom

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) to compete with initiatives in the private sector, vključno s kriptovalutami. “CBDCs will take years to