Digital Ruble Launch: Implications for Global Finance
The central bank is also actively discussing the use of stablecoins for international settlements, but only to complement the digital ruble.
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The central bank is also actively discussing the use of stablecoins for international settlements, but only to complement the digital ruble.
Bank of Russia Governor Elvira Nabiullina said major banks and retailers are on track to begin accepting the digital ruble by September 1.
EU authorities already preemptively sanctioned Russia’s digital ruble in 2025 as part of measures in response to the country’s war against Ukraine.
House Speaker Mike Johnson transmitted a housing bill with a provision barring the US Federal Reserve issuing or creating a CBDC until 2030 to Donald Trump on Monday.
The post Bank of Thailand Nears Completion of Baht-Backed Stablecoin Framework appeared first on Coinpedia Fintech News The Bank of Thailand is finalizing its framework for a 1:1 baht-backed stablecoin, with every token required to be fully backed by liquid reserves held in segregated accounts at li
Bitcoin Magazine The 2036 Issue: Here Come The Sovereigns From The 2036 Issue: A look at coming impact of sovereign nations on Bitcoin mining, by Jacob Langenkamp, Fellow at BPI. This post The 2036 Issue: Here Come The Sovereigns first appeared on Bitcoin Magazine and is written by Jacob Langenkamp.
President Trump said he won’t sign the popular bill until Congress passes a controversial bill restricting voting rights.
As Congress prepared to celebrate the president's signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event.