Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently …
Central Bank
Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto
Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use …
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Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds
With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, …
Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets
The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held …
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Central Bank of Peru Will Develop a Digital Currency
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) …
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Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of …
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Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator …
Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase …
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Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this …
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US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a …
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