Digital - News Time

Revised Digital Ruble Bill Introduced in Russian Parliament

Lawmakers proposed Bank of Russia is responsible for managing the digital ruble platform. The revised bill also suggests facilitating access to the CBDC platform for non-residents. Significant revisions to the bill establishing the digital ruble have been submitted to the Russian parliament as the project moves forward. These amendments seek to alter the original legislation … Read more

OKX Applies for Digital Asset Service Provider (DASP) License in France

The corporation wants to set up a “substantial” physical presence in France as per Tim. According to Byun, filing paperwork might take up to six months. OKX, a cryptocurrency exchange, aims to recruit about 100 staff in France over the next three years as it seeks to join the 74 other firms that have been … Read more

Digital Currency Group (DCG) Fails To Repay $630M Loan to Gemini

Gemini has previously warned that the digital assets giant might default on its commitments. Genesis, a division of DCG, had received $900 million from Gemini before it went bankrupt. The Digital Currency Group (DCG) failed to repay $630M on a loan that was due to Gemini last week, as the exchange confirmed. Genesis, a division … Read more

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