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Search Results for: central bank digital currency

Bahamas shores up digital asset loopholes with DARE Act, 2 years after FTX implosion
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5 August, 2024

Bahamas shores up digital asset loopholes with DARE Act, 2 years after FTX implosion

When FTX moved to the Bahamas in 2021, the government said it was proof the country was becoming a tech...
Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization
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2 August, 2024

Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization

After the real-time gross settlement crash in July, the BOE is looking for a solution to update the network, proposing...
Israel announces first batch of digital shekel challenge participants
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2 August, 2024

Israel announces first batch of digital shekel challenge participants

Israel’s central bank announced the digital shekel challenge in May, and it has now picked COTI, Fireblocks, PayPal and 11...
Russia passes bill legalizing digital assets in bid to avoid international sanctions
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1 August, 2024

Russia passes bill legalizing digital assets in bid to avoid international sanctions

In a desperate move, Russia passed a bill allowing businesses to use digital assets for cross-border trade beginning in September,...
US House passes bill combating terrorist, illicit financing via digital assets
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31 July, 2024

US House passes bill combating terrorist, illicit financing via digital assets

If made law, the Financial Technology Protection Act would establish a working group of key government departments, agencies, and experts...
India’s digital payments rise 12.6%, RBI-DPI data says
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30 July, 2024

India’s digital payments rise 12.6%, RBI-DPI data says

India’s digital payments rose to 445.50 as of March 2024, compared to 395.57 in March 2023, the Reserve Bank of...
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