Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has introduced that it’s going to help accelerating the adoption of cryptocurrency funds for worldwide settlements. According to Elvira Nabiullina, governor...
Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years
Elvira Nabiullina, head of the Russian central financial institution, has said that the mass launch of the digital ruble will take 5 to seven years....
Brazilian BV Bank Tests Tokenized Model for Vehicle Sales
BV Bank, a Brazilian financial institution chief in automobile loans, is operating a pilot that makes use of tokenization to handle automobile financing and gross...
SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
SWIFT, the community that gives the messaging system for cross-border banking settlements, has introduced plans to launch a CBDC equal of its present community within...
Russia Discusses Testing Digital Ruble for Budget Payments
The Central Bank of Russia and the Russian treasury are contemplating testing utilizing the Russian CBDC, the digital ruble, to finish funds settlements. The checks...
Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry
Welcome to Latam Insights, a compendium of Latin America’s most related crypto and financial information over the last week. In this difficulty: the Central Bank...
Hong Kong Launches Second Phase of Its CBDC Pilot Program
The Hong Kong Monetary Authority introduced the launch of the second part of the pilot of its CBDC, the digital Hong Kong greenback (e-HKD). This...
Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC
Gluwa, a platform for real-world belongings, introduced on March 7 its partnership with the Central Bank of Nigeria. The partnership association goals to enhance the...
Jerome Powell Clarifies: US Far From Introducing a Central Bank Digital Currency
Federal Reserve Chair Jerome Powell said earlier than the Senate Committee on Banking, Housing, and Urban Affairs that the United States is way from adopting...
Fed Chair Powell Eases CBDC Concerns: US Far From Direct Fed Accounts, Emphasizes Need for Congressional Approval
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is simply starting to ponder the introduction of a central...