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XLM Price Surges as Ukraine Selects Stellar Lumens for CBDC Development
Stellar network’s native token XLM has soared by approximately 30 percent in a day, following the news that Stellar will partner with Ukraine to develop CBDC.
Canada, Netherlands, Ukraine Central Banks Say Blockchain Not Necessary for CBDC
In a conference hosted by National Bank of Ukraine, some central banks recently suggested that blockchain is unnecessary for digital fiat currency
Trump Outraged: Jack Dorsey Faces Senate Subpoena After Twitter Blocks Biden Ukraine Scandal
CEO Jack Dorsey is to testify about the recent incident where Twitter blocked a NY Post news disclosing sensitive information on Joe Biden's scandal in Ukraine.
Government Officials in Russia Expected to Declare Their Cryptocurrency Savings
Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.
Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report
In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.
The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors
Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.
Russia Finally Showing Signs of Embracing Digital Assets in New Bill
After successfully undergoing test period, tokenization is set to take centre stage with reforms as newly proposed cryptocurrency legislation in Russia received the green lights.
Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin
Former Wirecard Chief Operating Officer Jan Marsalek used Bitcoin to move funds to Russia where he is now in hiding under the supervision of Russian intelligence operatives, according to a Russian media outlet.
Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill
The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.
Russia Restricts Anonymous Cash Deposits to Online Wallets
The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.
Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.