2020-12-14 00:49 |
The Bank of France’s deputy governor said there has been a “hands-on approach” with the bank’s experiment to launch a digital euro for the general public.
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In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project and global stablecoins.
2020-3-2 20:45 | |
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The Bank of Canada, which is the nation’s apex bank, has made it clear through its Deputy Governor Timothy Lane, that it will only develop its own central bank digital currency (CBDC) if it sees a compelling reason to do so, according to a report released on February 25, 2020.
2020-2-27 20:00 | |
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The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat.
2020-2-26 23:50 | |
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With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate plans to launch a CBDC.
2020-1-31 02:00 | |
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According to a Bank of Japan’s (BoJ) deputy governor, the country needs to keep on doing research on what issuing a central bank digital currency (CBDC) would mean, even if a launch is not yet in the cards.
2020-1-31 20:23 | |
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The Bank of Japan must be ready to respond to technical developments and public sentiment about central bank digital currencies, its deputy governor says
2020-1-31 14:58 | |
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Japan needs to keep researching a central bank digital currency, even if it won't launch one just yet, accord to the Bank of Japan's deputy governor.
2020-1-30 13:49 | |
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Former People’s Bank of China Deputy Governor, Min Zhu, insisted on the importance of China joining other nations in the global discussion on how to regulate Libra cited an article emanating from the South China Post.
2020-1-29 17:10 | |
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Back in April 2018, India’s central bank instigated a massive crackdown on purchasing and trading cryptocurrency like Bitcoin. Bibhu Kanungo, who is the Deputy Governor for Reserve Bank of India, declared that all the firms regulated by the RBI should “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the existing […]
2019-11-29 21:02 | |
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In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November 26, 2019.
2019-11-26 16:00 | |
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The Central Bank of France is pushing for a blockchain-powered settlement system in the European region for quick and cost-effective euro transfers. Dennis Beau, the Deputy Governor, spoke in support of the Distributed Ledger Technology during a speech on Thursday, November 21.
2019-11-26 01:54 | |
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The first deputy governor of Banque de France, Denis Beau, has urged the finance industry to experiment with blockchain
2019-11-25 17:38 | |
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Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019.
2019-11-18 20:00 | |
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The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year.
2019-11-14 23:13 | |
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A deputy governor at the central bank of Malaysia – Abdul Rasheed – recently stated that there would be a $6,000 limit on cash transactions next year. With these new restrictions, the government is hoping to prevent cash from being used in illicit transactions, though the new rule won’t likely impact any transactions involved with […]
2019-11-9 18:55 | |
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According to Bank of England deputy governor Dave Ramsden, developing a synthetic central bank digital currency is “worth looking at.” Ramsden who oversees payments and fintech said currently, the UK central bank is “very focused” on what needs to be done to provide infrastructure to encourage private innovation. Now, creating a digital currency with other […]
2019-10-20 17:39 | |
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Denis Beau, the deputy governor of the French central bank, also known as Banque de France, has called out for a more global approach to regulation for crypto assets. According to him, there is a need for more consistency in deciding how to regulate the crypto world. Because of this, the only way to properly […]
2019-10-17 00:53 | |
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The Deputy Chairman of the Bank of Russia called cryptocurrencies a financial pyramid and urged Russian investors not to invest their savings in them.
2019-10-3 12:23 | |
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China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.
2019-9-6 15:44 | |
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China's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank.
2019-9-6 13:40 | |
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China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.
2019-9-8 13:40 | |
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The central bank digital currency (CBDC) of China may come out sooner than expected as the “time is almost ripe,” reported China Daily on Tuesday. Last week, we reported Mu Changchun, deputy director of the People's Bank of China’s payments department saying that the government-backed digital currency is ready to be launched after five years […]
2019-8-20 19:12 | |
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Mu Changchun, deputy director of the People's Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system.
2019-8-13 00:45 | |
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China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development.
2019-8-13 20:03 | |
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At the third “China Financial Forty People Yichun Forum,” held on August 10, the deputy director of the Payment and Settlement Division of the People's Bank of China, Mu Changchun said the central bank’s digital currency DC/EP is now “ready” after five years of research.
2019-8-12 03:56 | |
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Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready.
2019-8-11 12:33 | |
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Javier Calafell, the deputy governor of the Bank of Mexico (Banxico) has recently talked about central bank digital currencies (CBDC). To him, they will not be able to hold a lot of interest for the general public unless they are able to be used in a fully anonymous way. He talked about this during a […]
2019-7-12 01:31 | |
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The deputy governor of the Iranian central bank told media outlets that trading bitcoin and other cryptocurrencies within the country is illegal. Iranian residents took to the pioneer cryptocurrency as a means of securing their wealth as the Iranian Rial depreciated over the past three years, as reported by Tasnim News Agency on July 8, 2019.
2019-7-9 01:00 | |
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Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1.
2019-7-8 12:27 | |
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Holding, selling, and purchasing of bitcoin are illegal in Iran, an official with the central bank told Tasnim News. Deputy governor for new technologies, Mr. Nasser Hakimi, said on Monday that the Supreme Council on Countering Money Laundering had banned bitcoin trading.
2019-7-8 12:03 | |
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Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) recently delivered a speech at the Arab-British Economic Summit in London emphasizing on the importance of embracing FinTech as an opportunity to thrive and not just survive.
2019-7-7 19:30 | |
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The deputy governor of Japan’s central bank predicts a large user base for Libra and warns Facebook to comply with money laundering and risk management regulations. Libra’s ‘enormous’ user base According to Bank of Japan Deputy Governor Masayoshi Amamiya, Libra could have a high user base in the future.
2019-7-6 22:10 | |
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Masayoshi Amamiya, the Deputy Governor of the Bank of Japan (BoJ) dismissed the idea that central banks can boost the effectiveness of negative interest rate policies by issuing digital currencies, on Friday, reported Reuters.
2019-7-5 19:47 | |
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Despite favorable regulation, Bank of Japan Deputy Governor Masayoshi Amamiya stated that digital currencies operators must comply with regulations on money laundering and risk management. The announcement was made in reference to the launch of Libra, the new global cryptocurrency from Facebook.
2019-7-6 19:00 | |
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The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets
2019-7-6 17:36 | |
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On Thursday, 4th of July 2019, Nordic Growth Market (NGM), a Swedish stock exchange, announced that it has listed Ether-based as well as Bitcoin mini futures. Vontobel, an investment bank, which recently launched tracker certificates on Litecoin, Ether, Bitcoin and Ripple will be backing the derivative products. Per the listing, Tommy Fransson, the deputy chief […]
2019-7-5 21:26 | |
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The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies
2019-6-30 12:01 | |
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The Deputy Prime Minister of Italy has proposed a new tax on cash and other valuables held by citizens at banks. If actually imposed, the measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers.
2019-6-13 02:00 | |
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Singapore-based blockchain services provider EVX Holdings, Pte. Ltd. , operating as Everex, has signed a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) to develop and implement blockchain technology for cross-border payments and trade finance.
2019-6-13 00:55 | |
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Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used.
2019-5-18 02:00 | |
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The deputy governor of the Bank of England, Dave Ramsden, has said that the crypto market is too volatile… The post English Bank Governor Speaks About Small Size Of The Crypto Market Not Being a Threat To Financial Stability appeared first on Invest In Blockchain.
2019-5-1 10:48 | |
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Bitcoin is surely controversial, there is no discussion about that. While some people call it digital gold, others call it a scam. While we can attest its value, this is far from being a popular opinion among people who do not know BTC very well.
2019-5-1 03:55 | |
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By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.
2019-5-1 03:00 | |
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The deputy governor of U.K.’s central bank said that crypto assets are too volatile to be a store of value
2019-4-30 18:17 | |
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During this year's "Spring Meetings," Swedish central bank deputy governor Cecilia Skingsley said the Risbank is more likely than not to issue a CBDC within a decade.
2019-4-18 21:50 | |
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According to the Dawn, a local media outlet, Pakistan’s central bank has announced plans to have a digital currency by 2025. Digital Version of the Pakistani Rupee Speaking about the regulation of Electronic Money Institutions, non-bank entities that will be allowed to issue “e-money” for digital payments, Pakistan’s State Bank Deputy Governor Jameel Ahmad told the audience that digital currency is more efficient.
2019-4-3 04:00 | |
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Jameel Ahmad, the deputy governor of the State Bank of Pakistan, declared that the institution aims to issue a digital currency by 2025
2019-4-2 18:50 | |
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Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently.
2019-2-2 15:30 | |
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Echoing the statements of others in the Chinese government, the deputy governor of China's central bank gives his verdict on the legality of STOs.
2018-12-12 21:06 | |
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An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.
The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping
A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder reactions.
The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament
The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday.
The central bank digital currency must be usable offline from day 1 to safeguard privacy, the draft law says.