The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech and blockchain innovation. “We want a regulatory framework that’s transparent ...
CryptoUpdateClub Latest Articles
Tucker Carlson outlines wild theory to explain Bitcoin price rise: ‘Maximum tin foil’
adminControversial Fox news television host Tucker Carlson has proposed a curious conspiracy theory that seeks to link airline delays in the United States and Canada with a surge in the Bitcoin price. He suggested the computer outage behind the widespread ...
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs – Finance Bitcoin News
adminThe Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s ...
Australia Outlines Plans to Modernise Its Financial System
adminAustralia has outlined plans to shakeup its financial services laws in order to regulate buy now, pay later and improve the regulatory framework for crypto companies. The Australian government has pledged to deliver reforms in 2023 to modernise the country’s ...
Payment Systems Regulator Outlines Plans to Protect Consumers Against APP Scams
adminPayment Systems Regulator (PSR) has outlined its plans to publish data on how well firms are protecting customers against authorised push payment (APP) scams. PSR has explained the technical process that banks and building societies will have to follow as ...
Report outlines reasons why stakeholders are against CBDC
adminWhile some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders are against the idea of a CBDC. The report dubbed “The State of CBDCs ...
Research report outlines why the crypto market might be on the verge of a reversal
adminAs November begins, analysts are busy dissecting the major market movements that occurred in October. While Bitcoin (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior analyst, Vetle Lunde mapped out the direction the market might ...
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options – Featured Bitcoin News
adminWalmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for ...
India’s central bank outlines digital rupee CBDC plans
adminIndia’s Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project.
Reserve Bank of Australia Outlines Its CBDC Development in Latest Whitepaper
adminA little over a month after its pilot into central bank digital currencies (CBDC) began, the Reserve Bank of Australia has released a new whitepaper that explains its approach in more detail. The Reserve Bank’s latest whitepaper, which was produced ...