The House Committee on Financial Services has announced its agenda for the month of June. While always subject to change, several hearings should...

Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost.

A top online banking institution in Russia, Tinkoff is interested in offering investors an opportunity to invest in cryptocurrencies, but it appears that this quest will be troubled by the highly uncertain regulatory policies in Russia. Tinkoff ranks as the largest online bank in the country, and according to its CEO, Oliver Hughes, various investors […]

Kalashnikov firearms manufacturer has expressed its desire to switch to settlements using digital currency.

The post AK-47 Gunmaker Sets Sights on Digital Currency appeared first on BeInCrypto.

The ECB Discusses the Importance of CBDCs | Google Partially Lifts Cryptocurrency Advertising Ban | Standard Chartered to Launch Cryptocurrency Exchange and Brokerage

The Medici accounting ledger developed during the 1500s advanced Europe’s economic growth—now blockchain has the potential to launch a new, global digital Renaissance,...

The European Central Bank (ECB) published a report about the international role of the euro Wednesday, touching upon the importance of central bank digital currencies (CBDCs) for future financial strength. 

The post ECB warns of ‘risks to stability’ if central banks don’t offer digital currencies appeared first on The Block.

Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.

The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto.

TL;DR Breakdown A report titled “The international role of the Euro” was released by the European Central Bank. It discussed how certain countries with no CBDC plans are at risk. There are plenty of fears of banks when it comes to crypto. The possibility of waking up to new rules imposed by banks on their […]

The European Central Bank has warned the tech sector may outpace governments if they don’t jump on the digital currency bandwagon soon.

Quick Take

• Several metrics recorded record numbers in May.
• Ethereum flipped Bitcoin in adjusted on-chain volume and miner revenue.
• Total adjusted on-chain volume increased by 35.4% to a new all-time high of $1.07 trillion.
• Stablecoin supply grew by 26.2% to a new all-time high of $101.6 billion.
• Centralized exchange spot trading volumes increased by 38% to a new all-time high of $2.18 trillion.

The EU is billions of dollars behind China and the U.S. when it comes to investment in blockchain and artificial intelligence, said the EIB.