CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

Finance The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the[…]

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Bill Submitted to Make Cryptoruble Legal Tender in Russia

Regulation A bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender[…]

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Venezuela’s Oil-Backed Cryptocurrency Declared Illegal

News The Venezuelan parliament has declared the oil-backed cryptocurrency created by President Nicolas Maduro illegal and in violation of the[…]

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Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed Cryptocurrency

Featured The first issue of Venezuela’s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for[…]

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Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical

Featured Russia’s president Vladimir Putin has reportedly commissioned work to create a cryptocurrency as a tool to circumvent international sanctions.[…]

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Venezuela’s National Cryptocurrency Advances But Experts Warn of Corruption

Featured Venezuela’s president Nicolas Maduro has advanced the creation of the country’s national cryptocurrency, the Petro. He believes it will[…]

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Venezuela Announces the Creation of Oil-Backed National Cryptocurrency – the Petro

News Venezuela’s president Nicolás Maduro has announced the creation of the country’s national cryptocurrency. It will be called the Petro[…]

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