2023-5-9 20:35 |
The Bank of Canada has initiated an online public consultation to gather opinions on the characteristics of a digital Canadian dollar.
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The Bank of Canada launched an online public consultation on Canada’s Central Bank Digital Currency (CBDC) on May 8, according to the bank’s official website. The consultation services are online and will remain open until June 19, 2023, as the announcement post noted.
2023-5-9 20:34 | |
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Cross River Bank has received a consent order from the FDIC demanding further oversight, according to a filing made public on April 28. Bank receives order for lending compliance The FDIC suggested in that filing that Cross River Bank engaged in “unsafe or unsound banking practices” related to fair lending laws and regulations.
2023-4-29 03:22 | |
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China is ramping up its efforts to popularize the use of its central bank digital currency (CBDC) — the digital yuan, or e-CNY — as the project moves closer to its planned national rollout. Starting in May, government employees in the city of Changshu will receive their salaries in the digital yuan.
2023-4-25 19:33 | |
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The only people benefitting from central bank digital currencies are lobbyists, tech companies and, yes, central banks, say the Cato Institute’s Nicholas Anthony and Norbert Michel.
2023-4-18 19:43 | |
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Coinspeaker Rakuten Bank Set to Go Live after Floating Biggest Japanese IPO in 5 Years Following the IPO, Rakuten Bank is billed to finally go public on the Tokyo Stock Exchange on April 21.
2023-4-13 15:07 | |
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The digital pound will not replace cash under the proposed Central Bank Digital Currency (CBDC) system, per the Times. Public opinion on CBDCs is generally negative, including concerns about financial privacy and infringement of personal freedoms.
2023-4-10 16:24 | |
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The Central Bank of the Russian Federation (CBR) has released its latest report on household finances, which includes an assessment of public holdings of digital or crypto assets. The report, conducted biennially since 2013 and covers the previous year, was published last Friday.
2023-4-4 00:00 | |
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When integrated into the economy, a central bank digital currency or stablecoin would compete with bank deposits to the public benefit, at least until a financial crisis.
2023-3-23 00:15 | |
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Key takeaways Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities. The Federal Reserve said the decision was made to protect the US economy and strengthen public confidence in the banking system.
2023-3-13 06:37 | |
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Banco do Brasil (BB), Brazil's largest public bank, partly owned by the Brazilian government, released a statement last Friday announcing that Brazilian taxpayers will now be able to settle their duesThe post LBank celebrates Brazil’s move to allow residents to pay taxes with crypto appeared first on AMBCrypto.
2023-2-22 17:15 | |
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USDC issuer, Circle, has collaborated with the Central Bank of Ireland to promote the advantages of blockchain for enhancing consumer protection.
2023-2-19 14:34 | |
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Quick Take Circle submits a response to the Central Bank of Ireland highlighting the benefits of blockchain-based financial services for consumers. The post Circle recommends Central Bank of Ireland adopt public blockchains for consumer protection appeared first on CryptoSlate.
2023-2-19 14:32 | |
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According to a recent statement, Banco do Brasil (BB), Brazil’s largest public bank, has enabled tax payments with cryptocurrencies. The services will however be only available via Bitfy, a specialized blockchain solutions startup in which Banco do Brasil has invested.
2023-2-16 18:59 | |
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The service will operate in partnership with Bitfy, a startup focused on blockchain solutions.
2023-2-13 17:31 | |
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The Bank of England (BoE) and His Majesty’s Treasury will introduce a roadmap to build a central bank digital currency (CBDC) next week, The Telegraph reported on February 4. The BoE and Treasury are looking to launch a four-month consultation in which businesses, academics, and the wider public will be invited to share views on the […] The post UK looks to launch digital pound by 2030, roadmap to be released soon appeared first on CryptoSlate.
2023-2-5 14:47 | |
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In its predictions for 2023, the Ripple leadership team highlighted Central Bank Digital Currencies (CBDCs) as one of the biggest trends, as Bitcoinist reported. To drive this agenda, Ripple continues to actively work with the private and public sectors.
2023-1-24 15:30 | |
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The Eurogroup, a body comprising the Finance Ministers of Eurozone countries, has made public several views after its meeting to take stock of the progress of the project to investigate the EU's central bank digital currency called the digital euro.
2023-1-18 11:12 | |
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The Central Bank of Turkey (CBRT) completed CBDC tests in December 2022 and the government is currently planning to use blockchain technology for online public services. Both signal an even more welcoming embrace of blockchain technology in 2023.
2023-1-7 20:00 | |
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The Central Bank of Turkey (CBRT) completed CBDC tests in December 2022 and the government is currently planning to use blockchain technology for online public services. Both signal an even more welcoThe post LBank excited about wider blockchain adoption in Turkey appeared first on AMBCrypto.
2023-1-6 16:45 | |
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The PBoC assured the public that the digital yuan (renminbi) pilot is running steadily. The CBDC is currently expanding its pilot areas and undergoing more developments. The post Digital Yuan CBDC Pilot ‘Running Steadily,’ Affirms People’s Bank of China appeared first on BeInCrypto.
2023-1-5 10:36 | |
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The bill, which should be introduced to public discussion in the following days, will legally define crypto in the fast-growing market.
2023-1-4 12:52 | |
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Blockchain layer-1 platform The Italian banking and insurance industries will adopt an "innovative digital guarantees platform," which will be supported by the public blockchain Algorand. Early 202The post Italy onboards Algorand for bank and insurance guarantees appeared first on AMBCrypto.
2022-12-14 14:11 | |
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Silvergate, a crypto-friendly bank based in San Diego, becomes the latest victim of the crypto downfall. The company released a public statement pleading to have been exposed to the FTX debacle. Silvergate falls victim to FTX collapse Silvergate bank has…
2022-12-14 00:02 | |
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Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research.
2022-12-6 01:42 | |
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Intro Germany is one of the most crypto-friendly countries in the world, especially compared to other European nations. The concept of crypto is a digital representation of value that is not created nor guaranteed by a central bank or other public institution.
2022-11-5 17:54 | |
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For the second time, BANDESAL, the Development Bank of El Salvador, denied a request from an anti-corruption institution to provide the government’s Bitcoin purchase and sale records. ALAC published on Twitter.
2022-11-2 03:00 | |
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As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.
2022-11-1 11:45 | |
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The Reserve Bank of India (RBI) is engaged in talks with fintech companies and four public sector banks to pilot Central Bank Digital Currency (CBDC) project, with a potential launch planned later in 2022, Moneycontrol reported September 5.
2022-9-7 21:02 | |
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Ripple’s (XRP) advisor on central bank digital currency (CBDC), Anthony Welfare, revealed that the company has “several pilots” in the works related to CBDCs which will be made public in the coming weeks.
2022-9-7 13:00 | |
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The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS is reportedly participating.
2022-9-6 22:15 | |
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Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”
2022-8-11 04:18 | |
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The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said.
2022-8-2 15:27 | |
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The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment. The post Japan’s central bank scraps CBDC plans due to lack of interest from public appeared first on CryptoSlate.
2022-8-1 16:05 | |
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Digital money is drawing the attention of the public, regulators, and governments worldwide. Several central banks are already at different stages of exploring the role of Central Bank Digital Currencies (CBDCs) in the monetary and payments systems.
2022-7-28 15:22 | |
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The Central Bank of Sri Lanka has warned the public against engaging in crypto-related activities citing the lack of regulations and accompanying risks. For the third time in less than three years, the bank stated on Tuesday that it had not issued any license or authorization to any firm to operate schemes involving Bitcoin or […]
2022-7-19 00:11 | |
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The Central Bank of Sri Lanka, or CBSL, has cautioned the public against buying cryptocurrencies due to a lack of regulatory monitoring at a time of economic and political upheaval. Sri Lanka Maintain “Crypto Is Illegal” Stance A public awareness notice was released by Sri Lanka’s central bank on July 12 in response to “recent […]
2022-7-15 02:36 | |
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Due to a lack of regulatory oversight at a time of economic and political upheaval, the Central Bank of Sri Lanka, or CBSL, has advised the public against purchasing cryptocurrencies. In a notificaThe post Sri Lanka commits to crypto-restrictions despite economic crisis appeared first on AMBCrypto.
2022-7-14 20:30 | |
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The Monetary Authority of Singapore (MAS) is considering introducing further safeguards on access to crypto among the general public, a senior government minister said.
2022-7-5 17:51 | |
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Taiwan’s central bank is working on developing a central bank digital currency (CBDC) but does not have a clear timeline for when it will be ready for public release, Reuters reported, citing the regulator’s governor, Yang Chin-long.
2022-6-30 21:30 | |
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Though non-fungible tokens have suddenly risen within the digital space, their growth has some insecurities too. More people embrace NFTs and their numerous opportunities in the virtual world. Increased focus goes on the several use and application of NFTs.
2022-6-22 14:00 | |
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A fresh report from the Bank for International Settlements comes to a radical conclusion, claiming that the public identities of intermediaries are necessary to fight “miner extractable value.”
2022-6-18 15:22 | |
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Central bank digital currencies, including a possible digital dollar, remain a hot-button topic in the crypto world. Here’s a rundown of our top choices for attendees interested in government and money at this year’s Consensus Festival in Austin, Texas.
2022-6-2 02:36 | |
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The ECB drops another working paper on the digital euro, causing more outrage from Europeans opposing a central bank digital currency.
2022-5-14 17:13 | |
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Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.
2022-5-12 18:39 | |
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The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting the notion, Reuters reported. The post Israeli central bank yet to make decision on pursuing CBDC despite public support appeared first on CryptoSlate.
2022-5-11 11:10 | |
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Is crypto already putting down CBDCs? The European Central Bank (ECB) has been researching and discussing a CBDC project called the Digital Euro for a while. They launched a public consultation to understand common needs & expectations for a Digital Euro.
2022-4-20 07:49 | |
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Per a Reuters report, Bank of America (BofA) Chief Investment Strategist Michael Harnett has warned the U.S. public about a potential economic recession and crypto as a possible safe haven. In a note sent to the bank’s clients, Harnett claimed the current macro-economic outlook is turning bearish for stocks and bonds. Related Reading | Bitcoin […]
2022-4-9 21:00 | |
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“A key opportunity where CBK sees potential value is the use of CBDC in facilitating cross-border transactions," the announcement reads.
2022-2-11 16:43 | |
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The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public.
2022-1-19 13:19 | |
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| Analogue Notcoin - TapSwap |
Could CBDCs’ transparency effectively track and curb the $3 trillion illicit financial flows? Let’s find out. The world faces a staggering challenge: illicit funds and money laundering. In 2023, over $3 trillion illicitly flowed through the global financial system, according…
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash.
Yao Qian is reportedly being investigated for "violations of discipline and law."
Центральный банк Таиланда сообщил, что в октябре 2023 года успешно завершил пилотную программу по тестированию цифрового тайского бата (CBDC), однако регулятор еще не готов к его запуску.
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
The country's central bank does not plan on issuing a retail version of the digital currency.
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.