A major global blockchain trade network welcomes one of Russia’s largest banks. Alfa-Bank, one of the largest private commercial banks in Russia, has joined a blockchain trade finance network backed by HSBC. According to an official announcement on Nov. 3, Alfa-Bank is the first Russian bank to become a member of Contour — a blockchain […]
Continue Reading
As NFTs gain traction, here are some of the top marketplaces for finding NFTs, as well as the future outlook of this industry. Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with […]
Continue Reading
Russian banks tap Bitcoin services abroad while the government at home sees no future for private cryptos. Major private-owned Russian bank Gazprombank has received regulatory approval to launch cryptocurrency custody services through its Swiss subsidiary. According to an official announcement on Oct. 29, the bank scored approval from the country’s financial regulator, the Swiss Financial […]
Continue Reading
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors. The governor of the Republic of Buryatia, Russia signed a decree allowing for the construction of a 13.6 acre data center in Southeastern Siberia. The facility will become home to a number of hi-tech activities, […]
Continue Reading
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts. The Bahamas, an island nation in the West Indies, made digital currency history on Oct. 20 with the official launch of a new central bank digital currency, the so-called Sand Dollar. It became the […]
Continue Reading
Can anyone hold North Korea responsible for its attacks on the crypto industry? There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as any of their […]
Continue Reading
These week’s news highlighted how governments test new regimes for cryptocurrency, which can be slow but are certainly some kind of progress. A line from immortal comic strip Calvin & Hobbes goes “a good compromise leaves everybody mad.” When it comes to laws governing crypto, authorities are usually asking for pretty major compromises because they […]
Continue Reading
Russia’s digital ruble will not have the same level of anonymity as cash, says official. Elvira Nabiullina, the head of the Bank of Russia, argued that there is a line between anonymity and privacy regarding the circulation of an upcoming digital ruble. Speaking at a press conference on Oct. 23, Nabiullina said that Russia’s digital […]
Continue Reading
Crypto and blockchain matter for the global soccer community. A Japanese professional soccer player is launching his own cryptocurrency to boost fan engagement. Keisuke Honda, former Japan midfielder and currently a captain of the Brazilian professional league team Botafogo, has launched his own token to build new connections with his fans, Cointelegraph Japan reported on […]
Continue Reading
Russia is purportedly taking a fast-second strategy for the digital ruble. A Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field. However, according to Dmitry Peskov, a special representative of the President of the Russian Federation on […]
Continue Reading