Iran’s Central Bank Bought $500 Million in USDT Stablecoin to Prop Up Rial
Iran’s Central Bank secretly purchases over $500 million worth of Tether’s USDT stablecoin to stabilize the rial, amidst a deepening currency crisis.
central bank
Iran‘s central bank acquired $507M in USDt to prop up rial: Elliptic
Elliptic reports the Central Bank of Iran acquired $507M in Tether (USDt) to stabilize the Rial amidst sanctions and economic unrest. Read the full analysis.
Iran’s Central Bank Acquired $507M in Tether’s USDT Stablecoin: Elliptic
Iran’s Central Bank acquires $507 million in Tether’s USDT stablecoin to support the rial and settle international transactions, marking a significant foray into digital currencies.
Kazakhstan Restricts Crypto Trading to Central Bank-Approved Coins Only
Kazakhstan restricts crypto trading to central bank-approved coins only, establishing a three-tier digital asset framework and shutting down 130 illegal exchanges.
India’s central bank proposes linking BRICS digital currencies for trade: Reuters
India’s central bank proposes linking BRICS digital currencies for trade and tourism, aiming to enhance cross-border transactions and reduce reliance on traditional financial systems like SWIFT.
Kazakhstan limits crypto trading to central bank-approved coins
Kazakhstan’s new crypto regulations limit trading to central bank-approved coins, enhancing financial security and reflecting global trends in crypto oversight.
Turkmenistan Legalizes Crypto Mining but Bans It as Payment – What’s the Catch?
Turkmenistan has legalized crypto mining and exchange operations, but banned cryptocurrencies as payment. What’s behind this contradictory law, and what does it mean for the crypto industry?
Ghana passes law to legalize crypto trading, central bank governor says
Ghana passes law to legalize crypto trading, granting central bank authority to regulate and license providers.
Russia’s Central Bank Says Bitcoin Mining Is Strengthening the Ruble
Russia’s Central Bank has acknowledged the positive impact of Bitcoin mining on the ruble, with senior officials advocating for export classification. However, illegal mining operations continue to pose a challenge, resulting in lost tax revenue.
Central bank rolls out plan to to keep crypto out of Russians’ hands
Russia’s central bank plans to limit new crypto purchases while allowing existing holdings, signaling a regulatory shift in crypto policy.