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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
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What is the Digital Assets Platform Being Discussed by the BRICS Group?
The BRICS group is considering the creation of a digital assets platform to reduce reliance on US dollars for international transactions. President Putin has expressed his support for this initiative, emphasising that digital currencies could benefit not only BRICS nations but also other developing economies.
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
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Pavel Durov: Mysterious And Controversial Telegram Founder
Russian-born tech entrepreneur Pavel Durov has founded wildly popular social networks, cryptocurrencies, amassed a multi-billion-dollar fortune and locked horns with authorities, in Russia and around the world.
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Mysterious Life Of Telegram CEO Pavel Durov, Called "Russian Zuckerberg"
Russian-born tech entrepreneur Pavel Durov has founded wildly popular social networks as well as a cryptocurrency, amassed a multi-billion-dollar fortune and locked horns with authorities not just in Russia but around the world.
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BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
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Crypto Relief Aid Set-Up in War-Ridden Israel; Unocoin CEO Lists Ethical Implications
After Palestine-based militant group, the Hamas, struck Israel with missiles on October 6, a bunch of crypto companies came together to establish ‘Crypto Aid Israel’. The aim is to collect some emergency funding for Israel. The proceeds will be allocated to the families of soldiers, first respondents, captured nationals as well as killed ones. ...
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Binance Crypto Exchange to Sell Its Russia Business to CommEX for Undisclosed Amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of Moscow since the country began its war against Ukraine.
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Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia's Central Bank to Introduce CBDC
Vladimir Putin has signed the Digital Ruble Bill into law that clears the path for the central bank to issue its digital ruble CBDC central bank digital currency. The country's president has officially named the Bank of Russia as the sole operator for the digital ruble .
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India’s Crypto Community to Swell to 156 Million Users in 2023, Leave US, UK Behind: Report
India’s crypto community is expected to envelop over 156 million users by the end of 2023. India ranked second after the US on the list of the top five countries with the largest crypto market. Japan, UK, and Russia grabbed the third, fourth, and fifth positions on the list respectively.
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G20 Finance Chief Meet In India With Debt In Focus
G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia's invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global slowdown.
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Russia, Iran to Co-Create Gold-Backed ‘Token of Persian Gulf’ Crypto Asset: Report
Russia and Iran are reportedly planning to form an alliance to co-develop a stablecoin pegged against gold as the reserve asset. The stablecoin, upon its launch, will begin its operations in the special economic region of Astrakhan, where Russia receives cargo shipments from Iran.
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Dutch Greenhouse Growing Tulips Using Solar Powered Bitcoin Mining to Cut Down on Gas Prices
A greenhouse near Amsterdam is using solar energy to mine Bitcoin, while using the heat generated from the miners to grow tulips. The system helps cut the reliance on gas, as prices increased after Russia's invasion of Ukraine. The greenhouse is also selling tulips online for bitcoin via a business called Bitcoinbloem.
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Russia Working on Law to Establish National Cryptocurrency Exchange
Cryptocurrencies without an issuer such as Bitcoin and Ether are not securities, Belgium’s Financial Services and Markets Authority said in a press note. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently asked questions.
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Stablecoin Usage in Russia Rises Exponentially After Ukraine Invasion, Here's Why
Russia’s cryptocurrency transactions, both in crypto-to-crypto and crypto-to-fiat currency, surged in March following the Ukraine invasion, reveals a Chainalysis report.
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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
What is the Digital Assets Platform Being Discussed by the BRICS Group?
The BRICS group is considering the creation of a digital assets platform to reduce reliance on US dollars for international transactions. President Putin has expressed his support for this initiative, emphasising that digital currencies could benefit not only BRICS nations but also other developing economies.
-
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
Pavel Durov: Mysterious And Controversial Telegram Founder
Russian-born tech entrepreneur Pavel Durov has founded wildly popular social networks, cryptocurrencies, amassed a multi-billion-dollar fortune and locked horns with authorities, in Russia and around the world.
-
Mysterious Life Of Telegram CEO Pavel Durov, Called "Russian Zuckerberg"
Russian-born tech entrepreneur Pavel Durov has founded wildly popular social networks as well as a cryptocurrency, amassed a multi-billion-dollar fortune and locked horns with authorities not just in Russia but around the world.
-
BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
-
Crypto Relief Aid Set-Up in War-Ridden Israel; Unocoin CEO Lists Ethical Implications
After Palestine-based militant group, the Hamas, struck Israel with missiles on October 6, a bunch of crypto companies came together to establish ‘Crypto Aid Israel’. The aim is to collect some emergency funding for Israel. The proceeds will be allocated to the families of soldiers, first respondents, captured nationals as well as killed ones. ...
-
Binance Crypto Exchange to Sell Its Russia Business to CommEX for Undisclosed Amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of Moscow since the country began its war against Ukraine.
-
Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia's Central Bank to Introduce CBDC
Vladimir Putin has signed the Digital Ruble Bill into law that clears the path for the central bank to issue its digital ruble CBDC central bank digital currency. The country's president has officially named the Bank of Russia as the sole operator for the digital ruble .
-
India’s Crypto Community to Swell to 156 Million Users in 2023, Leave US, UK Behind: Report
India’s crypto community is expected to envelop over 156 million users by the end of 2023. India ranked second after the US on the list of the top five countries with the largest crypto market. Japan, UK, and Russia grabbed the third, fourth, and fifth positions on the list respectively.
-
G20 Finance Chief Meet In India With Debt In Focus
G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia's invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global slowdown.
-
Russia, Iran to Co-Create Gold-Backed ‘Token of Persian Gulf’ Crypto Asset: Report
Russia and Iran are reportedly planning to form an alliance to co-develop a stablecoin pegged against gold as the reserve asset. The stablecoin, upon its launch, will begin its operations in the special economic region of Astrakhan, where Russia receives cargo shipments from Iran.
-
Dutch Greenhouse Growing Tulips Using Solar Powered Bitcoin Mining to Cut Down on Gas Prices
A greenhouse near Amsterdam is using solar energy to mine Bitcoin, while using the heat generated from the miners to grow tulips. The system helps cut the reliance on gas, as prices increased after Russia's invasion of Ukraine. The greenhouse is also selling tulips online for bitcoin via a business called Bitcoinbloem.
-
Russia Working on Law to Establish National Cryptocurrency Exchange
Cryptocurrencies without an issuer such as Bitcoin and Ether are not securities, Belgium’s Financial Services and Markets Authority said in a press note. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently asked questions.
-
Stablecoin Usage in Russia Rises Exponentially After Ukraine Invasion, Here's Why
Russia’s cryptocurrency transactions, both in crypto-to-crypto and crypto-to-fiat currency, surged in March following the Ukraine invasion, reveals a Chainalysis report.
