The apex bank in Russia has consulted with relevant stakeholders to legalize cryptos for cross-border payments. The bank confirmed this development in a special report
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Sanctioned Russian Bank Tests In-app Operations With Digital Rubles
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The
Read moreSiam Commercial Bank terminates Bitkup’s acquisition deal
Popular bank Siam Commercial Bank (SCB) has terminated its deal to acquire Thailand’s crypto exchange platform Bitkub. The banking giant announced the development in its
Read moreSARB directs financial institutions to serve crypto clients
South Africa’s apex bank has mandated all financial institutions in the country to extend their banking services to crypto users. The central bank issues the
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Bank of Russia Aims for Full Launch of Digital Ruble in 2024
The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its
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Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will
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