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Russian Parliament Votes on Bill Opening Door for Digital Ruble
Finance

Russian Parliament Votes on Bill Opening Door for Digital Ruble – Finance Bitcoin News

March 18, 2023 CryptoExpert

Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the […]

European Commissioner Says Impact of SVB Collapse 'Limited' as Credit Suisse Drags Down Banking Stocks – Finance Bitcoin News
Finance

European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks – Finance Bitcoin News

March 17, 2023 CryptoExpert

Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, […]

Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator
Finance

Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator – Finance Bitcoin News

March 15, 2023 CryptoExpert

The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. The financial […]

HSBC Acquires Silicon Valley Bank UK, Facilitated by Government and Bank of England
Finance

HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England – Finance Bitcoin News

March 14, 2023 CryptoExpert

The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed that “Deposits […]

Bank of Russia Registers Another Digital Asset Issuer
Finance

Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News

March 13, 2023 CryptoExpert

The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally […]

digital real cbdc ethereum
Finance

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain – Finance Bitcoin News

March 11, 2023 CryptoExpert

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected […]

Iran’s Crypto Rial Project Enters Trial Phase
Finance

Iran’s Crypto Rial Project Enters Trial Phase – Finance Bitcoin News

March 10, 2023 CryptoExpert

The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank announced. The authorities in Tehran plan to expand the use of the state-backed currency and […]

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
Finance

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain – Finance Bitcoin News

March 2, 2023 CryptoExpert

A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand […]

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
Finance

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco – Finance Bitcoin News

February 25, 2023 CryptoExpert

The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in […]

Bank of Russia to Start Testing Digital Ruble With Real Users on April 1
Finance

Bank of Russia to Start Testing Digital Ruble With Real Users on April 1 – Finance Bitcoin News

February 20, 2023 CryptoExpert

The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot […]

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  • Over $1.5M Bitcoin Stolen From General Bytes BTC ATMs
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