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Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Erdogan Suggests Turkish-Russian Payment System, Local Media ReportsTurkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists visiting the country. President Erdogan […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Report: East African Single Currency Unlikely to Be Introduced by 2024

Report: East African Single Currency Unlikely to Be Introduced by 2024There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment of Single Regional Currency a Top Priority […]

Bitwise files Form S-1 for spot Solana ETF with SEC

US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts

US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master AccountsThe U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they are published in the Federal Register. New Guidelines […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Namibian Central Bank Announces Plan to Launch CBDC

Namibian Central Bank Announces Plan to Launch CBDCJohannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab, recently confirmed that the central bank is now planning to launch […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy DocumentThe launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia […]

Bitwise files Form S-1 for spot Solana ETF with SEC