As per a new report by the country’s central bank, the digital ruble will need to be accessible both online and offline and will be easy to integrate into existing payment systems.
The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have a central bank digital currency.
The taskforce will coordinate exploration of the objectives, use cases, opportunities and risks of a potential CBDC, as well as guide the evaluation of its design features, among other responsibilities.
Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China, but would seek to enforce even stricter rules for stablecoins.
The Securities and Exchange Commission acknowledged that a recent ban by the bank had disrupted Nigeria’s digital currency industry, while pledging support to promote innovation in the nascent industry.
The central bank termed digital currencies as risky because “they are neither subject to any regulation and supervision mechanisms nor a central regulatory authority.”
Riot Blockchain has signed a definitive agreement to acquire Whinstone U.S Inc. from its rival Northern Data AG.
Police in Yancheg city, Jiangsu province, have been investigating the operation since it came to their attention in October 2020, according to reports.
Dubai Economy has partnered with the Dubai International Financial Centre to expand the tool which now accounts for over 50 percent of all KYC verifications in Dubai.
Nvidia has outperformed expectations in all its market platforms, including gaming, data center, professional visualization and automotive, the company said in a press release.
Federal authorities alleged that digital currencies were extensively used to facilitate payments between some of the entities, with one in particular processing 31,000 transactions worth over $3 million.
This year’s Bitcoin SV DevCon is coming up, bringing together the vast ecosystem of Bitcoin developers to learn from the leading minds in the industry.
