2024-5-7 00:10 |
Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.
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Joachim Nagel, President of the Deutsche Bundesbank and a member of the ECB, emphasized the urgency for central banks to reassess their business models and swiftly adopt central bank digital currencies (CBDCs).
2024-5-7 01:58 | |
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The regulator invited applicants with a "genuine interest in developing a stablecoin issuance business" to join the sandbox.
2024-3-12 12:59 | |
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Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.
2023-8-15 14:42 | |
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Dubai-based Bybit has announced plans to build its central Asian business in Hong Kong. The exchange intends to have a segment of its marketing, research, and development team in the city. WSJ has recently reported that Bybit has plans to…
2023-4-3 14:41 | |
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Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and lifestyle center.
2022-12-13 12:34 | |
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Space and Time paves the way for establishing a decentralized data warehouse with tremendous Web3 implications. The project secured an additional $20 million in funding to make smart contracts more robust.
2022-9-28 09:43 | |
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Cryptocurrency which includes centralized tokens are digital assets developed and managed by the Central Exchange. A centralized exchange, as the name suggests, is a business that manages and supervises all cryptocurrency on-chain transactions.
2022-9-26 16:00 | |
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The Monetary Authority of Singapore (MAS) has instructed certain crypto firms to submit data concerning their business activities. The Central Bank is supposedly going to make certain amendments to the present crypto regulation policies after the collapse of crypto-hedge fund Three Arrows Capital, Terraform Labs and even Vauld.
2022-8-27 07:00 | |
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The move comes as the central bank is looking to bring in more safeguards for retail customers and a stablecoin regulation.
2022-8-26 08:51 | |
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The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The post South African Central Bank Releases Crypto Risk-Assessment Note appeared first on BeInCrypto.
2022-8-21 17:00 | |
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Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.
2022-8-18 00:00 | |
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The central bank will detail a framework to ensure businesses are properly regulated within its jurisdiction while encouraging business in the ecosystem.
2022-7-21 17:11 | |
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The National Bank of Ethiopia issued a statement reminding its citizens that business transactions made with bitcoin and other cryptocurrencies are “illegal”.
2022-6-7 20:34 | |
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Coinbase CEO Brian Armstrong revealed that its decision to shutter business in India was prompted by 'informal pressure' from the country's central bank. The post Coinbase Positive About India Return But Will the Central Bank Soften its Crypto Stance? appeared first on BeInCrypto.
2022-5-12 08:33 | |
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US Treasury Secretary Janet Yellen has said that developing a central bank digital currency – the digital dollar- could be years in the making, should the US pursue that end. Yellen made the observation on Thursday during a presentation at the American University’s Kogod School of Business Center for Innovation in Washington.
2022-4-8 23:29 | |
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It’s a new dawn. Credit card giant Visa is now in the cryptocurrency business. They won’t be buying and selling yet, though. Its new division will focus on advising everyone. From retail customers to financial institutions, even central banks can get information from Visa’s crypto experts.
2021-12-9 07:41 | |
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The Reserve Bank of India (RBI), the nation’s central bank, is exploring the viability of a central bank digital currency (CBDC) and may launch pilot tests early next year, according to a report in local news outlet the Business Standard.
2021-11-18 21:05 | |
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The Central Reserve Bank of Peru’s (BCRP) President, Julio Velarde, announced they are working on developing a CBDC in collaboration with other central banks around the globe. As the country experiences instability and inflation in goods and services, the central bank discusses financial models to fight the imminent crisis.
2021-11-18 02:59 | |
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China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […]
2021-10-13 14:50 | |
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Benoit Coeuré, Bank for International Settlements official and former member of the European Central Bank’s board of directors, said in a recent speech at an EuroFi event that stablecoins and DeFi in general were ‘challenging banks’ business models’ and authorities had to work on creating official digital assets quickly, highlighting growing fears in traditional financial […] The post Trust Token CEO: ‘DeFi is a transformation in finance’ appeared first on Invezz.
2021-9-22 22:05 | |
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The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities.
2021-7-7 06:30 | |
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Two financial watchdogs in Beijing, the Beijing Local Financial Supervision and Administration Bureau and the Business Management Department of China’s Central Bank (PBoC) are shutting down firms that offer cryptocurrency-related services that enable crypto-trading.
2021-7-6 19:44 | |
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Reiterating their stance on privately-issued cryptocurrencies, the Business Administration Department of the PBoC—China’s central bank, has “rectified” Beijing Tongdao Cultural Development Co.
2021-7-6 17:00 | |
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The Swiss are in no rush to launch a central bank digital currency (CBDC). Swiss National Bank Clears the Air on CBDC According to a report in the Swiss weekly business publication Handelszeitung, the Swiss National Bank (SNB) is in no rush to introduce a CBDC.
2021-6-27 13:30 | |
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Kraken, KuCoin, and Bitfinex are reportedly working towards establishing a business presence in India’s crypto market. The move is despite the lack of clarity in the country’s approach to virtual currency regulations and the central bank’s continued criticism of the industry.
2021-6-11 15:00 | |
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Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today.
2021-6-5 17:55 | |
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Три ассоциации при Народном банке Китая (НБК) выпустили совместное уведомление, запрещающее компаниям поддерживать связанный с криптовалютами бизнес. Об этом сообщил журналист Колин Ву. Breaking: Three associations under the Central Bank of China issued a document requiring institutions not to conduct virtualcurrency business, calling on the public not to participate in virtualcurrency, and emphasizing that virtualcurrency transactions are not protected by law.
2021-5-18 16:24 | |
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In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419. 75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411.
2021-5-17 16:30 | |
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Ripple’s partner Accenture, the technology and business consulting firm, has published a paper with SWIFT on the potential for central bank digital currencies (CBDC) payment solutions. Titled “Exploring central bank digital currencies: How they could work for international payments”, the paper claims there is surging interest for these types of assets. Accenture is a Fortune […]
2021-5-12 01:22 | |
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In an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential United States central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through.
2021-4-27 22:00 | |
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In an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential United States central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through.
2021-4-27 22:00 | |
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The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed.
2021-4-6 05:30 | |
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Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday.
2021-3-20 11:31 | |
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Zilliqa (ZIL) price has further continued its impressive bullish run since December as it now trades over 1,000% higher since the beginning of the last month in 2020. Fundamental analysis: Zilliqa Capital is officially launched Blockchain investment firm Zilliqa Capital has announced the launch of a central business and investment hub for its blockchain platform […] The post Zilliqa (ZIL) price is now up 600% since December appeared first on Invezz.
2021-3-14 23:17 | |
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CryptoNinjas » Zilliqa blockchain establishes investment and business entity to grow ecosystem Zilliqa, a high-performance blockchain platform, has announced the launch of Zilliqa Capital, a Singapore-based technology company whose objective is to become the central business and investment hub for the Zilliqa blockchain ecosystem.
2021-3-12 02:49 | |
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In a Business Insider report, European Central Bank (ECB) President, Christine Lagarde, repeated her skepticism on Bitcoin, stating central banks are not looking to add the digital asset as a reserve currency any time soon.
2021-2-11 19:23 | |
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Not long after the President of European Central Bank called Bitcoin a “highly speculative asset” and that it was used to conduct money laundering, Mike Novogratz took to Twitter to criticize the The post Mike Novogratz defends Bitcoin after ECB chief calls it 'funny business' appeared first on AMBCrypto.
2021-1-15 23:30 | |
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The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.
2021-1-14 12:35 | |
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Bitcoin Conducts Funny Business Lagard stated that Bitcoin was a highly speculative asset: “which has conducted some funny business and some interesting and totally reprehensible money laundering activity.
2021-1-14 19:19 | |
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A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo Agnese, an economics professor and lecturer in the Department of Economic and Business Organization at the Universitat Internacional de Catalunya in Barcelona (UIC […] The post Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor appeared first on Bitcoin News.
2020-12-4 14:20 | |
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The Bank of England's deputy governor Jon Cunliffe reportedly said that England's central bank was not going to ensure that mainstream banking business would remain relevant or not when future digitalThe post BoE deputy guv: banks must adjust to changes from CBDCs appeared first on AMBCrypto.
2020-11-14 00:30 | |
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Coinspeaker South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021As the central bank of South Korea seeks to complete the pilot tests of its national digital currency, it has not announced any information regarding partnerships with major commercial business enterprises yet.
2020-10-8 18:02 | |
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Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions.
2020-6-20 19:54 | |
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One bitcoin (BTC) exchange in the Netherlands is set to close business following demand for registration and ridiculous fees put in place by the Dutch central bank. Dutch Bitcoin exchange BitKassa has confirmed it will be shutting down its operations in the country this month.
2020-5-7 13:03 | |
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Who benefits from fiat currencies? The central banks that print them? The commercial bankers who invest them? The business that accepts them? Or the citizens who hold them? While these questions maThe post Bitcoin v.
2020-4-15 12:00 | |
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A business owner has posted a YouTube video asserting that Western Union inexplicably banned him for life as a result of his dealings in central Africa. Bitcoin fixes this. Ban Comes Without Explanation In the video Ben Taylor, a.
2020-4-5 21:34 | |
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On a recent episode of 'The Breakdown' podcast, Kraken's director of business development, Dan Held, spoke about one of the more heavily debated topics among members of the cryptocurrency community --The post Fundamentally, central banks can't offer state-backed cryptocurrency appeared first on AMBCrypto.
2020-2-10 20:00 | |
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These are the times when the need for blockchain technology will increasingly come to light. One of the central problems that blockchain technology addresses is the problem of trust between participants in the business process.
2020-2-6 14:00 | |
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Libra spurred central banks into action on digital currency projects this year.
2019-12-21 18:30 | |
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