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Russia and Iran consider stablecoin for cross-border trade settlement
Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more
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Banking on crypto: How far should regulators go?
Such is the volatile nature of cryptocurrencies that the market can all too easily enter one of its periodic downturns — what’s referred to as a “crypto winter.” This happened... read more
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UNCTAD wants action to curb cryptocurrencies in developing countries
Global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic, including in developing countries. While these private digital currencies have rewarded some, and facilitate remittances, they are an unstable... read more
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One-third of UK shoppers plan to use crypto as a form of payment in 2022
Demystifying Crypto – Shedding light on the adoption of digital currencies for payments in 2022 is a new report, pointing to increasingly positive trends in the adoption of cryptocurrencies for... read more
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BIS ramps up Project Dunbar multi country cross-border CBDC transactions
The Bank for International Settlements (BIS) and four central banks will test the use of CBDC for cross-border transactions, as global regulators seek to improve the speed and movement of... read more
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