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Article by Steve Kaaru

Digital ruble to play big part in Russia’s future as it releases 3-year strategy
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22 April, 2021

Digital ruble to play big part in Russia’s future as it releases 3-year strategy

As per a new report by the country’s central bank, the digital ruble will need to be accessible both online...
Sweden’s central bank predicts a CBDC in five years
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21 April, 2021

Sweden’s central bank predicts a CBDC in five years

The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have...
Bank of England establishes taskforce to explore CBDC
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21 April, 2021

Bank of England establishes taskforce to explore CBDC

The taskforce will coordinate exploration of the objectives, use cases, opportunities and risks of a potential CBDC, as well as...
People’s Bank of China: Bitcoin is an investment option, not a currency
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21 April, 2021

People’s Bank of China: Bitcoin is an investment option, not a currency

Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China,...
Nigeria SEC working with central bank to lift digital currency ban
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20 April, 2021

Nigeria SEC working with central bank to lift digital currency ban

The Securities and Exchange Commission acknowledged that a recent ban by the bank had disrupted Nigeria’s digital currency industry, while...
Turkey bans ‘risky and volatile’ digital currencies for payments
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19 April, 2021

Turkey bans ‘risky and volatile’ digital currencies for payments

The central bank termed digital currencies as risky because “they are neither subject to any regulation and supervision mechanisms nor...

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