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Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials UnveilTehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign Trade Iran’s central bank is considering the possibility of […]

House Democrats won’t be forced to vote against two pro-crypto bills

Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

Bank of Russia Reports First Successful Digital Ruble Transfers Between UsersTesting of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses, and the Russian state. Digital Ruble Transactions Carried Out by Commercial Banks and Bank […]

House Democrats won’t be forced to vote against two pro-crypto bills

Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital Currency

Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital CurrencyThe central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash. New Zealand Central Bank Considers Risks and […]

House Democrats won’t be forced to vote against two pro-crypto bills