Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments – Finance Bitcoin News
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency....
Finance
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021 – Finance Bitcoin News
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored...
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals – Finance Bitcoin News
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media...
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible – Finance Bitcoin News
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according...
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700 – Finance Bitcoin News
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday....
ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks – Finance Bitcoin News
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming...
Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments – Finance Bitcoin News
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be...
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto – Finance Bitcoin News
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements – Finance Bitcoin News
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection – Finance Bitcoin News
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves – Finance Bitcoin News
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp...
Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as...
Bank of Russia Accelerates Schedule for Digital Ruble Project – Finance Bitcoin News
The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap...
Sberbank to Conduct First Digital Asset Transaction on Own Platform – Finance Bitcoin News
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform...
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of...
Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody – Finance Bitcoin News
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions – Finance Bitcoin News
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’ – Finance Bitcoin News
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the...
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z – Finance Bitcoin News
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the...
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says – Finance Bitcoin News
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF – Finance Bitcoin News
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF...
2 out of 5 Survey Respondents Hid Their Crypto Purchases – Bitcoin News
A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a...
