Finance

The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency …

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin Read More »

Source: AdobeStock / Andrii Yalanskyi After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected. 3AC …

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals Read More »

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Activist shareholder Nelson Peltz in tussle with insurgent investors Read More »

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Israel faces fifth election in three years Read More »

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‘Ungovernable’ French parliament to stymie Macron’s reform drive Read More »

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Is Britain headed for a summer of strikes? Read More »

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

EU warns against fossil fuel ‘backsliding’ as coal replaces Russian gas Read More »

Source: AdobeStock / Andrii Yalanskyi After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected. 3AC …

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals Read More »

Elvira Nabiullina. Source: a video screenshot, Банк России / YouTube Russia’s Central Bank chief Elvira Nabiullina has stated that she is prepared to allow the nation to do business in crypto – as long as it does not enter the Russian financial system and is only used in international settlements. But the country’s finance ministry, …

Russian Central Bank Ready to Make Crypto Regulation Concessions, Hints Governor Read More »

Home » Business » Bangladesh exploring CBDC as an alternative to ‘risky’ private digital currencies Bangladesh Bank, the central bank of the South Asian country, has revealed plans to conduct a feasibility study on the possibility of introducing a central bank digital currency (CBDC) backed by blockchain technology. Minister of Finance AHM Mustafa Kamal disclosed the …

Bangladesh exploring CBDC as an alternative to ‘risky’ private digital currencies Read More »