CBDCs will gradually displace private banks, says Russian lawmaker
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
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OKX and ByBit remove sanctioned Russian banks from payments list
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX.
Binance P2P removes sanctioned Russian banks from payments list
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks.
Uzbekistan permits two banks to issue crypto cards
Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation.
Crypto highlighted as 'novel and complex' risk to US banks: FDIC report
The FDIC warns that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
US Fed steps up oversight of banks' involvement with crypto firms
The limitations set out in the Federal Reserve’s new Program provides additional measures to its original policy statement laid out in January.
Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community.
Korean banks research stablecoin, CBDC alternative
Hana Bank plans to research certificates of deposit tokens, while Woori Bank’s research department has recently released a report on the tokens.
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto.
UK banks risk losing licenses for debanking customers over political views
The British government may impose tighter freedom of speech protections on banking permits following a public dispute between Nigel Farage and Coutts bank.