The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms. The amendments expand Section 24 to include digital issuance alongside traditional […]
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Sberbank Issues First Crypto Backed Loan in Russia
Local media reports indicate that Sberbank, Russia’s largest banking institution, issued a loan to a local miner using cryptocurrency as...
