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Ireland to enforce AML checks for digital currency firms from April
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Turkey tech chief no longer negative towards risky digital currencies
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Kentucky seeks to lure block reward miners with tax and energy incentives
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Russia to pilot digital ruble prototype in 2021 Business
Russia’s central bank intends on launching a digital ruble prototype this year, its deputy chairman has recently revealed. The bank announced its central bank digital currency plans in 2020, causing rifts within the banking sector. It now intends to launch the prototype as development continues into the next year.
Alexey Zabotkin, the deputy chairman of the Bank of Russia, confirmed the news at an event recently hosted by the Russian Economic School. He said the bank wants to give the citizens an opportunity to test the digital ruble, even though it won’t support real-time transactions initially.
Bakkt secures BitLicense in New York Business
Digital currency trading platform Bakkt has been awarded a BitLicense in New York by local regulators, allowing the firm to offer virtual currency trading services to customers in the state.
The New York State Department of Financial Services (NYDFS) confirmed Bakkt’s licensing application this week, making it the latest firm to secure the exclusive license, under the regulatory watch of the NYDFS.
The agency said the license would now enable Bakkt to support customers in New York in buying and selling digital currencies and other digital assets.
“This license will allow Bakkt Marketplace to offer its New York customers the ability to buy and sell virtual currency and subject to DFS’s supervision of its licensed activities.”