$85 Billion Sberbank To Launch Crypto Custody
Russia’s largest bank, Sberbank, plans to launch crypto custody services as it pushes to lead the nation’s digital asset market. With a market…
South Korean Banks Team Up For Stablecoin Project
South Korean banks unite to launch a won-pegged stablecoin, while the central bank urges caution amid growing digital currency interest. A…
Singapore Tells Crypto Firms To End Abroad Activity
Singapore set a June 30 deadline for crypto firms to stop overseas operations or face fines of up to $200,000 per the central bank’s new…
China Central Bankers Stress Mutual Trust for mBridge Project
A deputy governor of China’s central bank says that the countries working together to build mBridge must build trust and learn about…
AED Stablecoin Gets Initial Central Bank Approval
AED Stablecoin is poised to become the first regulated dirham-pegged stablecoin in the United Arab Emirates as it secures initial approval…
US Central Bank Has Been Hit by $1T in Losses, Affecting USD
The US central bank faces the effects of the de-dollarization by BRICS nations as it sees a massive $1 trillion loss. Amid the BRICS’…