Business

IMF recommends energy-efficient CBDC that relies on non-PoW networks
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12 June, 2022

IMF recommends energy-efficient CBDC that relies on non-PoW networks

IMF examined the environmental impact of blockchain network designs, highlighting that some blockchains have improved the energy efficiency of payments...
Bank of Uganda welcomes digital asset firms into its regulatory sandbox
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12 June, 2022

Bank of Uganda welcomes digital asset firms into its regulatory sandbox

The move seems like a U-turn after the regulator issued a warning to financial firms a month ago warning them...
Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies
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12 June, 2022

Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies

Speaking at a webinar series organized by the IMF, RBI Deputy Governor T. Rabi Sankar stated that the Indian central...
Russian state-owned company builds blockchain-based replacement for SWIFT
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12 June, 2022

Russian state-owned company builds blockchain-based replacement for SWIFT

Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used...
National Bank of Kazakhstan isn’t ignoring the digital currency market, chairman says
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11 June, 2022

National Bank of Kazakhstan isn’t ignoring the digital currency market, chairman says

Galymzhan Pirmatov notes that the institution is carefully studying the digital currency market and is set to unveil some of...
Russian parliament introduces bill to ban use of digital assets as payment
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11 June, 2022

Russian parliament introduces bill to ban use of digital assets as payment

The new bill introduced by the head of the House Financial Markets Committee, Anatoly Aksakov, proposes to clarify that only...
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