A senior Russian senator said on Monday that after establishing a digital rouble early next year, Russia intends to utilize the currency in mutual settlements with China as it strives to diminish Washington’s global financial hegemony. Russia, like many other nations, has been adopting virtual currency in recent years in order to modernize its financial […]
Tag: CBDC
September 28, 2022
September 16, 2022
Biden White House Sets Crypto Regulation Framework
The Biden White House has officially unveiled its first-ever regulatory framework for cryptocurrencies in the United States. The framework explains how the financial services sector should change to facilitate borderless transactions and how to combat fraud in the digital asset market. The new regulations come in response to an executive order signed by President Joe […]
August 18, 2022
Brazil’s Government About to Launch its Own Digital Currency
A launch date has already been set for Brazil’s Central Bank’s digital currency. According to the monetary authority, the first trials are scheduled to start in 2023, and the initiative named “Real Digital” might be introduced as early as the second half of 2024. The project was delayed by a strike earlier this year, but […]
