The Russian government continues its expansion of the digital ruble pilot program, with over 20 banks now actively participating. This comes as the program gains momentum, processing over […]
Israel Tightens Stablecoin Rules, Pushes for Digital Shekel
Israel is taking decisive action towards regulating stablecoins, with the aim of achieving regulatory clarity by 2025 and a more robust digital shekel in the coming years. The […]
South Africa Holds Off on Retail CBDCs, Focusing on Wholesale Digital Currency Development
South Africa has decided to postpone the development of a retail central bank digital currency (CBDC) due to robust existing payment systems and ongoing global shifts in financial […]
Turkmenistan Legalizes Digital Assets: New Law Enacts Regulation
Turkmenistan has introduced legislation to legally regulate digital assets, including cryptocurrency exchanges and mining companies. President Serdar Berdymukhamedov signed the law, which will be effective starting January 1st. […]
Bitcoin’s Future Trajectory: Will it Reach $100,000?
Bitcoin has experienced a recent rebound following a steep decline earlier this year. The cryptocurrency fell from its peak of $126,000 in October to below $90,000, but recently […]
The Rise of Crypto as Inflation Protection Amidst Global Economic Uncertainty
Around the globe, inflation rates continue to surge, prompting investors and citizens alike to seek alternative solutions to protect their savings. This article explores how cryptocurrencies are emerging […]
QCAD Makes History: Canada’s First Compliant Digital Dollar Achieved Regulatory Approval
Stablecorp Digital Currencies Inc., acting on behalf of the QCAD Digital Trust, announced that its stablecoin has secured full regulatory approval after a lengthy review process. This marks […]
BIS Appoints Digital Currency Expert as Head of Innovation Hub
The Bank for International Settlements (BIS) has announced a major appointment in its innovation hub, naming Tommaso Mancini-Griffoli as the new leader. This strategic move signifies the growing […]
Europe’s Stablecoin Landscape Thrives as 17 Issuers Join MiCA Framework
With almost 1.5 years of regulation behind it, the European Union (EU) has witnessed substantial progress in the stablecoin landscape. The region now boasts one of the most […]
U.S. Congressman Introduces Bill to Enable Bitcoin Tax Payments
A new bill introduced by U.S. Congressman Warren Davidson, the ‘Bitcoin for America Act’, proposes a major shift in federal financial systems. The act would allow Americans to […]
Czech Central Bank Embarks on $1 Million Digital Asset Pilot Project
The Czech National Bank has taken a significant step forward in central banking by launching a $1 million digital asset pilot project. This groundbreaking initiative involves investments in […]
UAE Pioneers Digital Currency Race in the Middle East
The United Arab Emirates (UAE) has taken a groundbreaking leap forward in the development of digital currency. The UAE’s inaugural live Digital Dirham transfer through its mBridge blockchain […]
UAE Launches Digital Dirham Pilot, Marks Major Step Towards Cashless Economy
The United Arab Emirates (UAE) has taken a significant step towards a cashless economy by conducting its first government-to-government transaction using the Digital Dirham, its central bank digital […]
UAE Pioneers Digital Currency Transactions: First Government Payment Using Digital Dirham
In a major step forward for the digital economy, the UAE has successfully conducted its first transaction using the Central Bank of the UAE’s Digital Dirham (eDirham). This […]
UAE’s Digital Dirham CBDC Achieves First Transaction Success
The United Arab Emirates (UAE) has successfully conducted its first transaction using the Digital Dirham, a key milestone in the country’s central bank digital currency (CBDC) pilot program. […]