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Russia's largest lender Sberbank wants to offer custody services for Russian cryptocurrency assets, the state-owned bank said on Thursday, seeking a leading role in Russia's development of digital assets. Russia's central bank has softened its opposition to cryptocurrencies, backing a law last ā¦
Russiaās lower house of parliament has approved a bill that sets Sept.āÆ1,āÆ2026, as the launch date for the digital ruble, even as a new poll shows most Russians are reluctant to use the central bank digital currency.Central Bank Digital Currencies, or CBDCs, are digital forms of a country's fiat curā¦
In Malaysia, buying and owning crypto is legal, but it is not considered legal tender by the federal government. The country does not recognize cryptocurrency as a payment instrument, but rather as a security under the Prescription Order 2019.Ā Currently, the Securities Commission Malaysia (SC) is acā¦
The Reserve Bank of Australia (RBA) announced on Thursday a significant step forward in developing a wholesale central bank digital currency (CBDC), launching āProject Acaciaā in collaboration with industry partners. The initiative will test 19 pilot programs using real money and assets for the firsā¦
Vincent Van Code, a software engineer and long-time XRP advocate, ignited fresh debate across the crypto community by outlining what he believes to be the transformative implications of Rippleās bid for a US banking charter and a Federal Reserve master account. The developments, which Ripple confirmā¦
AMINA, a Swiss bank, has become the worldās first globally operating bank to offer Rippleās RLUSD. It began hosting trading and custody services immediately upon the announcement.Ripple is integrating RLUSD with TradFi across the board, applying for its own bank license earlier this week. If it receā¦
German banking giant Sparkassen-Finanzgruppe reportedly has plans to adopt crypto trading services, giving its more than 50 million customers access to crypto trading by the summer of 2026 in a major shift for the institution. Dekabank, a bank already involved in crypto, has been tapped to manage thā¦
Circle, the issuer of the USDC stablecoin, has applied to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States to oversee its stablecoin reserve.Strengthening Its Stablecoin OversightAnnounced yesterday (Monday), the stablecoin issuerās First Naā¦
I'm going to call b/s on this, but just as a heads up to some garbage floating around the place:Jerome Powell will resign on MondayTrump plans on lowering interest ratesLike I said, garbage, and b/s. But, there it is. The background to this baloney is:no evidence was provided to support the rumourPoā¦
Bank of Korea Governor Rhee Chang-yong said on Monday he would be cautious about allowing won stablecoin in the domestic market as it could potentially bypass capital flow control measures currently in place.He spoke Monday at an event hosted by the central bank in Seoul.
Big Banks Explore Venturing Into Crypto World Together With Joint StablecoinDiscussions involve companies co-owned by JPMorgan and others, as lenders brace for the possibility that stablecoins could siphon away deposits and transactions.----EU to Delay Bank Trading Desk Rules for Second TimeThe reguā¦
By Gina Heeb and Justin BaerThe nation's biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry.The conversations have so far involved companies co-owned by JPMorgan Chase, Bank of America, Citigā¦