Mitsubishi UFJ Financial Group (MUFG), the largest banking institution in Japan, announced on June 2 that its “Progmat Coin” platform
Category: Central Bank Digital Currency (CBDC)
Central Bank of Hong Kong and UAE Collaborates to Formulate Crypto Regulations
An official report issued by the central bank of Hong Kong in partnership with the UAE apex bank revealed two
Crypto Exchange Bybit Receives Pre-Approval in Kazakhstan for Providing Custodial Services
The Dubai-based crypto exchange Bybit announced on Monday to receive license pre-approval from the Kazakhstan regulators. As part of Bybit’s
Russian Policy Makers Proposes Amendment of Digital Ruble Bill
On May 22, the Russian law makers agreed to amend the digital ruble bill. Based on Russian law, the bill
Malaysia Regulators Orders Huobi to Cease Operation Cites Non-Compliance Issue
The Securities Commission of Malaysia (SCM) has issued a report demanding Huobi to seize operations after failing to comply with
Pakistan Imposes New Crypto Ban Despite High Adoption
A recent report from the Pakistan authority reveals that the government will adopt restrictive measures for crypto assets. The announcement
Ripple Launching CBDC Platform to Support Issuance of Digital Currency
On May 18, the US-based blockchain firm Ripple revealed plans to launch a new platform for central bank digital currency
Governor Ron DeSantis Restricts Use of CBDC in Florida
On May 12, Governor Ron DeSantis banned the use of centralized digital dollar in Florida, commonly known as the Central
Former Presidential Candidate Says FedNow is Working with the US Government to Pursue Anti-crypto Agenda
Former presidential candidate Robert F. Kennedy Jr. or Bobby Kennedy has recently sounded alarmed on the matter of FedNow’s collaboration
Two Texas Legislators Propose a State-based Digital Currency Backed by Gold
CBDCs are a digitized mode of currencies that are issued as legal tender by the central bank of a country.