OMGFIN Daily News

​​Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are comm...
Thu, 9 Mar, 2023 at 4:20 AM
Fed Chair Powell Provides Update on US Central Bank Digital Currency
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial...
Fri, 10 Mar, 2023 at 1:07 AM
SWIFT moves to next phase of CBDC testing after positive results
According to a recent survey by the OMFIF Digital Monetary Institute that was cited by SWIFT, 24% of central banks will introduce a CBDC within the next cou...
Fri, 10 Mar, 2023 at 2:03 AM
Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin
The use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring...
Mon, 13 Mar, 2023 at 2:32 AM
Nigerian Central Bank Unveils Open Banking Guidelines
The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to enhance efficiency and access...
Mon, 13 Mar, 2023 at 3:38 AM
Euro Parliament approves Data Act that requires kill switches on smart contracts
The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community...
Wed, 15 Mar, 2023 at 3:41 AM
Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator
The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took...
Wed, 15 Mar, 2023 at 5:06 AM
India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border cen...
Thu, 16 Mar, 2023 at 1:47 AM
Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows
A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by 2030. Furthermore, 92% of the tot...
Thu, 16 Mar, 2023 at 3:47 AM
European Parliament votes to form final law on EU digital wallet
Introduced in 2021, the European Digital Identity framework aims to enable and protect the digital identity of EU citizens.  European lawmakers are...
Fri, 17 Mar, 2023 at 1:54 AM