Russia and UAE Collaboration The Bank of Russia has announced a joint payment system with the United Arab Emirates (UAE) that will use the digital ruble.…
Celsius Network’s Bankruptcy Exit Plan Approved by Judge Celsius Network, the crypto lending company that collapsed last summer, is on track to exit bankruptcy after a…
In a recent social media exchange, Sam Bankman-Fried, the former CEO of FTX, found himself amidst a whirlpool of questions regarding the potential risk transfer from…
BlockFi Emerges from Bankruptcy and Opens Wallet Withdrawals Crypto lender BlockFi has announced its emergence from insolvency, allowing it to begin repaying some of its creditors.…
Increase in Cross-Border Trade Using Digital Yuan The Shanghai Petroleum and Natural Gas Exchange (SHPGX) has made a significant step in the adoption of China’s Central…
Fallen Crypto Lending Firm BlockFi Emerges from Bankruptcy Crypto lending company BlockFi has announced that it has successfully emerged from bankruptcy, with its recovery plan becoming…
Crypto lending firm BlockFi emerges from bankruptcy BlockFi, a crypto lending firm that faced withdrawal restrictions due to the collapse of the FTX exchange, announced that…
Brazil’s Central Bank President on the Challenges of CBDCs The President of Brazil’s central bank, Roberto Campos Neto, highlighted a key challenge in the development of…
Bank of Finland Spearheads Development of Finnish Instant Payment Solution The Bank of Finland (BOF) is taking the lead in developing a Finnish instant payment solution…