CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according…
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Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be…
Putin Signs Law Prohibiting Payments With Digital Assets in Russia
President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges…
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment…
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with…
Bank of America: 90% of US Adults Surveyed Plan to Buy Crypto in 6 Months
A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto…
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an…
