Russia’s official backs CBDC as key tool for business to dodge sanctions: report

A Russian lawmaker has emphasized the digital ruble’s role in helping businesses bypass sanctions and streamline operations. Russia’s central bank digital currency — also known as the digital ruble — will simplify life for entrepreneurs, especially those impacted by sanctions, according to Artem Kiryanov, deputy chairman of the State Duma’s economic policy committee. In an […]

India’s Birla Group-backed business school launches in-house crypto, BIMCOIN

Birla Institute of Management Technology, a premier business school in India, has launched its in-house cryptocurrency for use on campus. Dubbed BIMCOIN, the cryptocurrency will help enable transactions between students, vendors, and administrators while also serving as a practical tool for hands-on learning in blockchain and digital finance, according to an official press release. BIMTECH, […]

Tether simplifies tokenization for business with new platform

World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. According to a Nov. 14 announcement, Hadron was introduced to simplify the tokenization for broader markets after decades tokenizing dollars into stable coin.  This new platform […]