Business and Finance
Russia Drops Plan To Launch National Crypto Exchange
The Russian government has abandoned the plan to launch a national cryptocurrency exchange. The country will instead establish a regulatory regime for crypto trading platforms. Russian...
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At...
SWIFT Moves To Second Phase Of CBDC Testing After Successful Test Run
Inter-bank messaging system SWIFT is set to go ahead with the second phase of CBDC testing. The decision was made after positive results in a...
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Russia’s Largest Private Bank Launches Digital Asset Platform
Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s...