Russia Could Consider Using Its CBDC as Reserve Currency

Russia’s lower house of parliament, State Duma, has approved a resolution calling for the Digital Ruble…

OECD Pitches Rules Clarifying International Crypto Data Exchange for Tax

Crypto assets that are capable of carrying, transferring, and churning out large amounts of finances in…

Deloitte Study Says Bitcoin Can Help Governments Create Low-Cost CBDCs

Financial services giant Deloitte has conducted a new study that shows how powerful a tool Bitcoin…

Government Clears It Has No Plans to Issue a Cryptocurrency

There is no plan to introduce cryptocurrency by the government, Minister of State for Finance Pankaj…

PayPal CEO Hails Crypto Utility, Downplays Market Volatility Concerns

PayPal CEO Dan Schulman has reiterated his positive stance on the cryptocurrency industry in an interview…

China State Bank Official Demands Draft Digital Yuan Law: Report

In view of China’s ongoing test phase of the Digital Yuan, a senior Chinese state bank…

Russia’s ‘Digital Ruble’ Transferred Among Citizens in Successful Trial

Russia’s central bank, the Bank of Russia, has announced that it has already conducted initial trials…

‘Well-Designed’ CBDCs Are Better Than Regulated Stablecoins: IMF

Central banks around the world are gearing up to take the fight to cryptocurrencies through Central…

India’s Digital Currency To Debut By Early 2023: Report

Country’s own official digital currency is likely to arrive by early next year New Delhi: India’s…