Banks Have Changed Their Attitude Towards Crypto Due to Regulators’ Pressure
Banks have stopped cooperating with crypto firms due to fears of reprisals from regulators.
The National Australia Bank is Developing its Own Stablecoin
Banking group National Australia Bank (NAB) has announced that it is currently developing a secured stablecoin AUDN.
Mexico Puts Off Launch of its National Digital Currency
The Central bank of Mexico, Banxico, has said that the development of the country’s CBDC is still in the initial phase and unlikely to meet its 2024 launch date.
US Regulators Warn Banks Against Risks of Working with Crypto
US regulators have warned the US banking sector against the risks associated with digital assets.
Turkey Wants to Complete the Tests of its CBDC in 2023
Turkey expects to complete trials of its digital currency by the end of the year.
Nigeria’s Central Bank Limits Cash Withdrawals to Promote CBDCs
The authorities of Nigeria have recently introduced limits on withdrawal as part of the promotion of cashless alternatives and the expansion of the use of the national digital currency.
Goldman Sachs May Purchase Cryptocurrencies
Goldman Sachs is considering options to enter the blockchain sector on the most comfortable terms after the fall in the price of cryptos.
