The Digital Currency Monetary Authority launched a central bank digital currency (CBDC) that can act as an internationally recognized settlement currency. So reports Fintech Futures.

Wealthsimple will join a host of other fintechs downsizing their operations and will lay off 159 employees. So reports TechCrunch.

Russia’s Industry and Trade Minister Denis Manturov said the nation is expecting to legalize crypto payments “sooner or later,” indicating resolution of the matter may be nearing. So reports Bitcoinist.