Central Bank

The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business.

The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023.

The Russian Central Bank is developing a new set of rules that would require credit organizations and payment service providers to report details of all monetary transactions. This will put pressure on cryptocurrency holders in the country.

The Russian cryptocurrency mining industry is flourishing, causing demand for equipment to skyrocket. According to local news agencies, it has increased 14 times in 2021 compared to previous years.

Interest in CBDC is growing all over the world. While many countries, most notably China, are actively working on developing their digital coins, some other countries are just preparing to jump on the bandwagon. Recently, Georgia has decided to join the CBDC race.

The wave of central bank digital currency (CBDC) is gaining traction around the world and the Ukrainian government plans to pay its employees with digital hryvnia.

China's Central Bank Digital Currency (CBDC) digital yuan, or e-CNY, has won a certain victory after completing tests in major Chinese cities. But the next war is now being fought between digital payment giants WeChat and Alipay.

The Reserve Bank of Australia (RBA) has advertised a position for a digital currency specialist. This is in line with the RBA's strategic plan to promote and support the development of payments in the country.

The Central Bank of Russia (CBR) has drawn up the Strategy on Financial Market Development by 2030, which makes clear its opposition to the cryptocurrency.