Sberbank, Russia’s top banking institution, is set to initiate customer transactions using the digital ruble by early 2025, as revealed by Anatoly Popov, the bank’s deputy chief executive. This move is part of Russia’s broader efforts to integrate the central bank digital currency (CBDC) into everyday banking activities. The bank is preparing to join the […]
The Qatar Financial Centre (QFC), located in Doha, has introduced a detailed set of regulations for digital assets. The regulatory framework, devised by the Qatar Financial Centre Authority (QFCA) and the Qatar Financial Centre Regulatory Authority (QFCRA), aims to provide a structured approach for managing digital assets within the QFC. This new framework outlines procedures […]
Arthur Hayes, the co-founder and ex-CEO of BitMEX, recently offered insights into why anticipated rate cuts by the U.S. Federal Reserve might not boost Bitcoin’s value. In a recent X post, Hayes, now CIO at Maelstrom, commented on the aftermath of Fed Chair Jerome Powell’s speech at Jackson Hole on August 23, which hinted at […]