Digital - Claimpayback

Reserve Bank of India expands digital rupee pilot program

0xMain
May 30, 2023

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The Reserve Bank of India is enhancing its digital rupee pilot, as it intends to broaden participation and incorporate diverse use cases in the upcoming fiscal year. The Reserve Bank of India (RBI) is intensifying its digital rupee pilot, representing a significant step...

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Russia’s digital ruble pilot faces delays

0xMain
May 26, 2023

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The Central Bank of Russia’s (CBR) eagerly anticipated digital ruble pilot is postponed until the end of July, awaiting approval from the State Duma. The latest amendments to the legislation indicate a significant focus on enabling non-residents to access the digital ruble. At...

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CFTC charges 5 in fraudulent digital asset trading scheme

0xMain
May 25, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against five individuals, accusing them of running a fraudulent digital asset trading scheme. The defendants, David...

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Russian lawmakers propose amendments to digital ruble bill

0xMain
May 23, 2023

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Lawmakers in Russia have put forward amendments to the digital ruble bill, including changes to debt operations, services for non-residents, and the role of the central bank, as the bill progresses through parliamentary hearings. Lawmakers in Russia have proposed significant amendments to the...

Digital Currency Group’s failure to pay $630m raises concerns

0xMain
May 22, 2023

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Genesis Global Capital, the now bankrupt lending arm of Digital Currency Group (DCG), has failed to pay approximately $630 million due to creditors, leading to discussions among stakeholders about a potential default. The situation highlights the challenges faced by the crypto industry and...

Bit Digital turns to Iceland as a tax haven for crypto

0xMain
May 19, 2023

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In response to the Biden administration’s proposed crypto mining tax, Bit Digital has strategically moved a significant portion of its mining machines to Iceland and Canada while keeping the majority within the United States. The company’s decision to establish a presence in Iceland...

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Singapore multi-family office looks to establish a digital bank in Bahrain

0xMain
May 18, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Whampoa Group has selected the Kingdom of Bahrain as its intended headquarters to establish a digital bank that would serve crypto companies. A digital bank for digital asset firms...

Chamber of Digital Commerce calls for Congress to push US crypto regs

0xMain
May 18, 2023

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In a bid to advance America’s position in the digital finance landscape, the Chamber of Digital Commerce is urging the U.S. Congress to expedite the creation of a comprehensive legal framework for cryptocurrencies. In a move aimed at securing America’s place in the...

Ripple buys controlling interest in Metaco, a digital technology company

0xMain
May 18, 2023

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Ripple has acquired a controlling interest Metaco, a Swiss firm specializing in digital asset custody and tokenization technology, establishing Ripple as the exclusive shareholder of the company. The acquisition, which is Ripple’s first major acquisition, signals a strategic move to broaden its offerings...

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Bitcoin enthusiasts assert moving Dutch gold would have been easier with digital assets

0xMain
May 16, 2023

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De Nederlandsche Bank (DNB) revealed that it recently completed the transportation of 15 billion euros worth of gold bars, coins, and banknotes on Dutch roads over the past four weeks. The operation involved relocating the Dutch stock of gold and banknotes from the...