Russia’s apex bank, the central bank of Russia is currently undergoing a test for its proposed digital Ruble with 12 different commercial banks. There are suggestions that Russia could be fast-tracking the development of a virtual currency to evade sanctions. The latest move signals the intention of the major bank to start the pilot phase in 2023, rather than the 2024 initial date. Evading SWIFT Sanctions The state-controlled news agency CBR reports that the central bank's digital currency (CBDC) may…
Tag: Adavault
How to Choose the Most Lucrative Cardano Staking Pools
A staking pool is where multiple stakeholders can combine their computation resources to increase their chances of getting a reward. In layman's terms, staking pools give stakeholders the chance to unite their staking power in the process of verifying and validating new blocks, thus increasing the probability of earning block rewards. A pool operator manages a staking pool where the stakeholders who joined the pool lock their digital assets in a specific blockchain address (wallet). It is important to note…
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