Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar – Finance Bitcoin News
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower...
Finance
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says – Finance Bitcoin News
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August,...
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’ – Finance Bitcoin News
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known...
Australia Issues White Paper for Central Bank Digital Currency – Finance Bitcoin News
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released...
Bank of Russia Adds Digital Assets to Banking Chart of Accounts – Finance Bitcoin News
Central Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published...
CME Group to Face off With FTX After Filing for Futures Commission Merchant Status – Finance Bitcoin News
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures...
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN – Finance Bitcoin News
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in...
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange – Finance Bitcoin News
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is...
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies – Finance Bitcoin News
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border...
Settlements With China — Russia Plans Next Step for Digital Ruble – Finance Bitcoin News
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China....
Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors – Finance Bitcoin News
Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent...
Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say – Finance Bitcoin News
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country...
Russia Starts Developing Mechanism for International Crypto Payments – Finance Bitcoin News
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other...
Erdogan Suggests Turkish-Russian Payment System, Local Media Reports – Finance Bitcoin News
Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them....
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm – Finance Bitcoin News
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of...
Hong Kong to Start Testing Digital Currency in Coming Months – Finance Bitcoin News
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as...
China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level – Finance Bitcoin News
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of...
Samsung Named Most Active Investor in Crypto and Blockchain Startups – Finance Bitcoin News
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most...
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future – Finance Bitcoin News
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative...
Central Bank of China Calls for Increasing Use of Digital Yuan – Finance Bitcoin News
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital...
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology – Finance Bitcoin News
A crypto company working with the central bank of Norway has published the source code for the sandbox created to...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors – Finance Bitcoin News
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines....
