News Explorer — Russia to Start Testing ‘Digital Ruble’ CBDC in August Barring Putin’s Veto

AD

Russia is set to begin testing its digital ruble, a central bank digital currency (CBDC), in a few weeks. The bill granting legal authority to the CBDC has passed through the Federation Council and awaits President Putin’s signature. If enacted, the central bank will act as the platform operator for the digital ruble, allowing Russians to make payments and transfers from their digital wallets. The move aligns Russia with other major economies, such as China and Japan, that have launched CBDC pilots.

Source Article

Latest

Decrypt

Orgasm NFTs? NARS Cosmetics Brand Reveals Eyebrow-Raising Art Auctions

Makeup brand NARS is releasing an NFT collection inspired by their shade called Orgasm, in celebration of National Orgas… Read Summary

Source Article

Blockworks

Tesla’s Digital Asset Holdings Remain at $184 Million

Tesla’s digital asset holdings remained unchanged at $184 million on its balance sheet in the second quarter, despite th… Read Summary

Source Article

Decrypt

Russia to Start Testing ‘Digital Ruble’ CBDC in August Barring Putin’s Veto

Russia is set to begin testing its digital ruble, a central bank digital currency (CBDC), in a few weeks. The bill grant… Read Summary

Source Article

Decrypt

AC Milan, BitMEX Extend Crypto Sponsorship Alliance

AC Milan has extended its partnership with cryptocurrency exchange BitMEX, which has been the team’s jersey sleeve spons… Read Summary

Source Article

Coindesk

SEC’s Gensler Seeks Expanded Budget, Noting Crypto’s ‘Wild West’

SEC Chairman Gary Gensler has requested additional funding of $72 million to expand the agency’s staff and crackdown on… Read Summary

Source Article

Decrypt

Bipartisan Bill Would Give US Treasury Authority Over DeFi

A bipartisan group of Senators has introduced a bill that would require decentralized finance (DeFi) services to comply… Read Summary

Source Article

Jul 19, 11:31 am

Decrypt

Why Jackson Pollock’s Historic Paint-Splattered Floor Is Being Immortalized as NFTs

Beyond the Edge, an art collection released by the Jackson Pollock Studio in collaboration with Iconic Moments, immortal… Read Summary

Source Article

Jul 19, 10:02 am

Coindesk

Cosmic Wire Secures $30 Million From Solana Foundation and Polygon

Cosmic Wire, a Web3 startup, has raised $30 million in seed funding led by the Solana Foundation and Polygon. The startu… Read Summary

Source Article

Jul 19, 9:28 am

Cointelegraph

More US Congressmen Join Chorus of Criticism of SEC, Call for Legislative Approach

Two US House Representatives, French Hill and Dusty Johnson, have criticized SEC Chair Gary Gensler’s approach to digita… Read Summary

Source Article

Jul 19, 9:53 am

Coindesk

Lybra Finance Launches Second Testnet in Bid to Draw More DeFI Traders

Lybra Finance has launched its v2 testnet on Arbitrum’s Goerli network, aiming to attract high-frequency traders and DeF… Read Summary

Source Article

Jul 19, 9:37 am

The Block

Senate Money Laundering Bill Would Tighten DeFi Rules

A bipartisan group of senators has introduced the CryptoAsset National Security Enhancement and Enforcement Act, which a… Read Summary

Source Article

Jul 19, 9:57 am

Decrypt

Robert F. Kennedy Jr. Wants Bitcoin Backed U.S. Dollars and Tax Breaks for Investors

Democratic Presidential hopeful Robert Kennedy Jr. has proposed two bold policies for his potential administration. The… Read Summary

Source Article

Jul 19, 9:41 am

Blockworks

Nasdaq Cancels Plans for Crypto Custodian Business, But ETF Bids Still in Play

Nasdaq has decided to halt its plans for a crypto custodian business due to a lack of clarity in the regulatory landscap… Read Summary

Source Article

Jul 19, 9:24 am

Decrypt

Nasdaq Delays Crypto Custody Until Regulatory Concerns Die Down

Nasdaq has announced that it is halting its plans to launch a digital assets custodian service due to the current regula… Read Summary

Source Article