Digital asset bank Custodia, formerly Avanti, claims that the 19-month delay is unlawful and is causing injury to the company, the first of which is higher costs for users. [...] Read More... The post Custodia sues Federal Reserve over master account application delay appeared first on CoinGeek.
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The DFS says the guidance should act as the baseline set of requirements that companies within New York State that have either issued, or would like to issue, dollar-backed stablecoins must follow. [...] Read More... The post New York Department of Financial Services releases stablecoin guidance appeared…
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Galymzhan Pirmatov notes that the institution is carefully studying the digital currency market and is set to unveil some of its plans before 2022 ends. [...] Read More... The post National Bank of Kazakhstan isn’t ignoring the digital currency market, chairman says appeared first on CoinGeek.
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Connor Murray joined Kurt Wuckert Jr. to talk about his BSV Global Blockchain Convention experience and also share his insight on just about every other development in the space. [...] Read More... The post Connor Murray on CoinGeek Weekly Livestream: GBC22 proved that Bitcoin SV is getting…
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In this article, sCrypt demonstrates how pairings can be implemented directly on Bitcoin and thus enable all kinds of pairing-based cryptography applications previously thought impossible. [...] Read More... The post Bilinear pairings on Bitcoin—Pairing-based cryptography: Part 1 appeared first on CoinGeek.
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Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used for international settlements. [...] Read More... The post Russian state-owned company builds blockchain-based replacement for SWIFT appeared first on CoinGeek.
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Speaking at a webinar series organized by the IMF, RBI Deputy Governor T. Rabi Sankar stated that the Indian central bank believes CBDCs could kill private digital currencies. [...] Read More... The post Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies appeared…
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The move seems like a U-turn after the regulator issued a warning to financial firms a month ago warning them against facilitating digital asset transactions. [...] Read More... The post Bank of Uganda welcomes digital asset firms into its regulatory sandbox appeared first on CoinGeek.
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IMF examined the environmental impact of blockchain network designs, highlighting that some blockchains have improved the energy efficiency of payments infrastructure while others are inefficient. [...] Read More... The post IMF recommends energy-efficient CBDC that relies on non-PoW networks appeared first on CoinGeek.
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The new bill introduced by the head of the House Financial Markets Committee, Anatoly Aksakov, proposes to clarify that only the Russian ruble is a unit of payment in the country. [...] Read More... The post Russian parliament introduces bill to ban use of digital assets as…
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