Despite legalizing the use of crypto assets in Cuba, the BCC has warned of the risks associated with cryptocurrencies

The office of the prime minister said six companies, including construction groups and a bank, had been authorized to begin mining and trading cryptocurrencies such as bitcoin, ethereum and litecoin

China is quite advanced in its CBDC pilots, but its core digital yuan system is centralized

These platforms fall into somewhat of a gray area. Since they are not classified as banks or lending institutions, they are outside the reach of the Federal Reserve or the Office of the Comptroller of the Currency

Now that SBI has made its decision, many other banks may be reluctant to onboard crypto merchants on their respective UPI platforms