Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple – Finance Bitcoin News
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European...
Finance
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says – Finance Bitcoin News
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to...
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say – Finance Bitcoin News
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council...
Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey – Finance Bitcoin News
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics...
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud – Finance Bitcoin News
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas,...
Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion – Finance Bitcoin News
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit...
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks – Finance Bitcoin News
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses...
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks – Finance Bitcoin News
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert”...
Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator – Finance Bitcoin News
The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of...
HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England – Finance Bitcoin News
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank...
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The...
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain – Finance Bitcoin News
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the...
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain – Finance Bitcoin News
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored...
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco – Finance Bitcoin News
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The...
Bank of Russia to Start Testing Digital Ruble With Real Users on April 1 – Finance Bitcoin News
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning...
Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets – Finance Bitcoin News
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms....
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks – Finance Bitcoin News
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding...
Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year – Finance Bitcoin News
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in...
Digital Gold Traded for Digital Rubles by Russia’s Rosbank – Finance Bitcoin News
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national...
Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News
Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say – Finance Bitcoin News
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring...
Crypto Bank Custodia Denied Membership in US Federal Reserve System – Finance Bitcoin News
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System....
