Russia Expands Digital Ruble Project for International Payments Starting September 1

by Theresa Joy Lacatan | Jul 9, 2024 | Blog News, Crypto News

In a recent development, the Russian Central Bank announced on Thursday that it will accelerate and expand its digital ruble project, with the next phase set to commence on September 1, 2024. First Deputy Governor Olga Skorobogatova revealed that a substantial number...

Taurus Partners with UAE’s Zand Bank to Revolutionize Digital Banking and Crypto Services

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

Swiss cryptocurrency infrastructure platform Taurus has announced a strategic partnership with Zand Bank in the United Arab Emirates (UAE). This collaboration aims to significantly enhance Zand’s capabilities in custody, tokenization, and blockchain connectivity....

Russia Advocates Crypto Solutions for International Payments Amid Sanctions

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

Amid escalating Western sanctions, Russia’s central bank is advocating the use of cryptocurrencies and other digital assets to facilitate international payments. Elvira Nabiullina, the governor of the Bank of Russia, underscored the significance of innovative...

EU-U.S. Financial Regulatory Forum: A Milestone in Transatlantic Cooperation

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

On 25-26 June, 2024, the EU–U.S. Joint Financial Regulatory Forum concluded a productive meeting hosted by the European Commission and the U.S. Department of the Treasury. This forum brought together top financial regulators from both sides of the Atlantic to discuss...

CFTC Wins Landmark Case Against Crypto Fraudsters: Over $120 Million Ordered in Penalties

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

In a recent victory for market integrity, the Commodity Futures Trading Commission (CFTC) announced on 3 July, 2024, that Judge Mary Rowland of the U.S. District Court for the Northern District of Illinois granted summary judgment in favor of the CFTC on all counts of...

Binance Enhances Trading Environment by Delisting Low-Performance Pairs

by Theresa Joy Lacatan | Jul 3, 2024 | Blog News, Crypto News

Binance, one of the leading global cryptocurrency exchanges, has announced it will refine its trading offerings by delisting certain spot trading pairs that have shown consistently low liquidity and trading volumes. This move, part of Binance’s routine review of...