The federal government of Pakistan is poised to make significant changes to the State Bank of Pakistan (SBP) Act, with a series of proposed amendments that aim to allow dual nationals to hold key positions within the central bank and legalize the use of digital currencies, including cryptocurrencies like Bitcoin.
Read MoreThe Bank of Canada has decided to halt its efforts to introduce a digital version of the Canadian dollar, shifting its focus instead to broader developments in the payment systems both domestically and internationally.
Read MoreOn September 9th, the North Carolina Senate took a bold stand against Central Bank Digital Currencies (CBDCs) by voting to override Governor Roy Cooper's veto, officially enacting a new law that prohibits the use of CBDCs in the state.
Read MorePayPal USD (PYUSD) has rapidly ascended in the stablecoin market, achieving the status of the sixth-largest stablecoin within a short span.
Read MoreSenator Cynthia Lummis of Wyoming, a prominent advocate for Bitcoin and cryptocurrency, has set the digital currency community abuzz with anticipation after teasing "big things" to come this week.
Read MoreThe Central Bank of Russia is gearing up for a broader rollout of its digital currency, the digital ruble. The pilot program, which began in August 2023 with a limited number of banks and clients, is set to expand in September 2024.
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