Russia Regulates Use of Digital Assets for International Settlements

Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing the Central Bank of Russia as the overseer of these transactions. Russia [...]

The post Russia Regulates Use of Digital Assets for International Settlements appeared first on Crypto Breaking News.

View Details

Russia Close To Legalizing International Trade In Bitcoin, Crypto: Head Of Finance Committee

The head of the State Duma finance committee reportedly said Russia will legalize the use of cryptocurrency for international trade in January 2023.

View Details

Russia Eyes Bitcoin For International Trade In 2023: Report

A Russian news agency reported multiple government officials deliberating on accepting bitcoin and some crypto currencies as payment for international trade in 2023.

View Details

Russia To Legalize Use Of Cryptocurrency In International Trade: Report

The Bank of Russia and the Ministry of Finance have reportedly agreed to move toward approving the use of cryptocurrency payments in international trade.

View Details

Iran Greenlights Bitcoin, Crypto Payments For Imports: Report

Iran reportedly passed a law enabling the use of bitcoin as payment for imports and establishing a framework for the asset class, including mining regulations.

View Details

Russian Central Bank: Bitcoin, Crypto Payments For International Settlement Is “Possible”

The head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility.

View Details

Chainlink launches cross-chain protocol bridging blockchain to TradFi

The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains. In a July 17 post on the Chainlink blog, Chainlink  Labs’ Chief Product Officer Kemal El Moujahid announced that its Cross-Chain Interoperability Protocol [...]

The post Chainlink launches cross-chain protocol bridging blockchain to TradFi appeared first on Crypto Breaking News.

View Details

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy. (Read More)

View Details