Dubai Customs launches Blockchain Platform for Efficiency and Transparency in Trade

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

In a move aimed at enhancing efficiency and transparency in commercial operations, Dubai Customs has announced the launch of its blockchain platform. This secure and efficient digital network is set to revolutionize trade processes within Dubai and across...

Governor Cooper Vetoes North Carolina Bill Banning Federal Digital Currency (CBDCs)

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

On 5 June, 2024, North Carolina Governor Roy Cooper vetoed a bill that would have prohibited the state from implementing a US Federal Reserve-issued central bank digital currency (CBDC). Despite receiving near-unanimous support in the state’s House of...

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...