The Bank of Russia announced on Thursday it plans to have a digital ruble ready by next year and capable of making international payments. It also aims to expand the number of countries that accept Russian Mir banking cards. “The digital ruble is among the priority projects,” central bank governor …
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The state of Arizona has become the first to partner with tech behemoth Apple to merge a digital driver’s license and state ID with Apple’s Wallet app. Users can pass through Phoenix Sky Harbor International Airport with “just a tap of their iPhone or Apple Watch,” VP of Apple Pay …
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The idea of a digital identity and wallet for citizens residing within the European Union may date back to 2020, but pandemic-era restrictions have shown the extent to which governments can shut off access to everyday life, should they so choose – and with ever-changing criteria that can be difficult …
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A Central Bank Digital Currency (CBDC) should “complement, rather than replace, current forms of money and methods for providing financial services” the Federal Reserve Board of Governors said in a study released on Thursday, which it said was the first step in a public discussion about a “digital dollar.” Clocking …
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Chinese technology conglomerate Tencent has reportedly added support for digital yuan to its WeChat Pay wallet, granting users the option to pay using China’s central bank digital currency (CBDC). To use the CBDC in transactions, WeChat users need to have already verified their identity via the e-CNY app, the digital …
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“It should be a real, full-fledged ruble – no discount or anything else,” the central bank’s governor Elvira Nabiullina told the State Duma committee this week, adding that the regulator expects to test the digital ruble for at least a year before an actual rollout. The task for the CBDC …
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Unlike conventional digital currencies, the digital ruble will be used as legal tender, according to Alexey Minaev, the deputy director of the Department for Digital Economy Development in the Ministry of Economic Development, as quoted by Izvestia. Minaev said that this form of money has little to do with cryptocurrencies. …
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Auction experts Bonhams said that they will put the one-of-a-kind version of the Portugal captain’s card up for sale at their auction between November 1 and 11, with a global fantasy football company set to mint the digital token. The “crypto craze” could form part of the deal in another representation of the …
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Max Keiser discusses these tools and the concept of digital integrity with Alexis Roussel, a fierce lobbyist for bitcoin in Switzerland and founder of Nym, a multipurpose mix network that prevents traffic analysis by third parties. For more stories on economy & finance visit RT’s business section
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Users who have tried to access Redfish on Instagram Thursday have been met with a short notification that reads “Sorry, this page isn’t available.” The Berlin-based project’s admins said they still maintained access to the account, which has garnered over 419,000 followers, but all of the posts on it seem …
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