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Belarus’ Largest Commercial Bank Launches Crypto Trading Desk
Belarusbank, the largest commercial bank in Belarus has launched the country’s first legal crypto trading platform. The move is the latest crypto adoption news to come out of a country currently experiencing anti-government protests against President Alexander Lukashenko. дальше »
2020-11-16 18:45 | |
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ECB’s President ‘Hunch’ is EU Might Push Forward with CBDC Plans; Decision to be made in January, 2021
European Central Bank (ECB) president, Christine Lagarde, said on Thursday that the EU would make its decision on whether to pursue a digital euro in January 2021. This comes as more jurisdictions pay closer attention to Central Bank Digital Currencies, given the accelerated paradigm shift to virtual payment networks amidst the COVID-19 pandemic. дальше »
2020-11-14 23:32 | |
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ECB President Christine Lagarde Welcomes Public’s Opinion on CBDC
European Central Bank President Christine Lagarde said policymakers are “exploring the possibility of launching a digital euro. ” On Nov. 1, Lagarde tweeted that the ECB is looking to hear the views of consumers and stakeholders on the proposed central bank digital currency (CBDC) and opened up the floor to public consultation. дальше »
2020-11-2 03:08 | |
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Research Into Potential CBDC Revealed by Cleveland Federal Bank
Speaking at the 20th Anniversary Chicago Payments Symposium, President and CEO of the Federal Reserve Bank of Cleveland disclosed details regarding their ongoing research into central bank digital currencies (CBDC). дальше »
2020-9-25 20:34 | |
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Fed Researching CBDC & Planning to Deposit ‘Digital Dollars’ Directly To the Digital Wallets of Americans
Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. дальше »
2020-9-24 17:32 | |
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ECB President Christine Lagarde Says Digital Euro Could Complement Cash
European Central Bank (ECB) President Christine Lagarde has suggested that the Eurozone could benefit from adopting the ‘digital euro’ as the EU’s post-pandemic recovery kicks into gear. The ex-IMF President made the comments while addressing the Franco-German Parliamentary Assembly in Frankfurt on Sept 21. дальше »
2020-9-22 09:53 | |
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Digital Euro will strengthen payment systems: Christine Lagarde
President of European Central Bank, Christine Lagarde said that incoming data suggested that Europe’s economic recovery was uncertain and that introducing a digital Euro would strengthen the EuropeaThe post Digital Euro will strengthen payment systems: Christine Lagarde appeared first on AMBCrypto. дальше »
2020-9-22 00:28 | |
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Eurosystem to Make a Decision on Digital Euro in the Coming Weeks, ECB President
European Central Bank President Christine Lagarde says a panel of eurozone central bank officials is exploring the pros and cons of a digital euro and will soon reveal whether or not the region needs to create their very own central bank digital currency. дальше »
2020-9-12 18:35 | |
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ECB President: Europe Has Fallen Behind in the Digital Payments Game
European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems. дальше »
2020-9-11 09:00 | |
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Brazil Could Be Ready To Implement A Digital Currency In Just Two Years: Central Bank President
Brazil has been toying with the idea of a central bank-backed digital currency for only a couple of months. But now the president of Banco Central (the country’s central bank) has revealed that the country could be ready for a digital currency in just two years. дальше »
2020-9-4 20:28 | |
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Brazil's central bank president says CBDC will be ready by 2022
Brazil Central Bank President, Roberto de Oliveira Campos Neto, announced that plans to have a digital currency by 2022. In an interview with Bloomberg Markets’ Editor, Erik Schatzker, Neto said thaThe post Brazil's central bank president says CBDC will be ready by 2022 appeared first on AMBCrypto. дальше »
2020-9-4 19:00 | |
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Brazil Fast Tracks CBDC Launch; Central Bank President Calls for Roll Out In Next Two Years
Speaking at a Bloomberg-sponsored event, Roberto Campos Neto, president of the Banco Central, praised digital currency payment systems as the future of financial systems claiming the country is in the pipeline of launching their CBDC in the coming two years. дальше »
2020-9-4 17:27 | |
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CBDC Less Than Two Years Away Says Brazilian Central Bank President
Although Brazil is a recent entrant to studying digital currencies, its central bank’s president says the country could launch one as soon as 2022. Per local news outlet Correio Brazilienese, president Roberto Campos Neto has indicated that digital currencies will be “the future of the financial system. дальше »
2020-9-5 17:10 | |
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Brazil Working on Launching Central Bank Digital Currency (CBDC) by 2022
Coinspeaker Brazil Working on Launching Central Bank Digital Currency (CBDC) by 2022The Central Bank Digital Currency (CBDC) is the digital form of fiat. According to the president of Brazil's Central Bank, Central Bank Digital Currency (CBDC) may be integrated into the financial system by 2022. дальше »
2020-9-4 16:35 | |
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Brazil joins the CBDC race with plans to launch by 2022
As the CBDC race continues, many new participants have started emerging recently. The latest in the line is Brazil, which is now working on creating its own central bank digital currency. According to the president of Brazil’s central bank, Roberto Camos Neto, the plan is to have the new CBDC up and running by 2022. дальше »
2020-9-4 14:18 | |
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Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. дальше »
2020-8-26 08:30 | |
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ECB Targets Youth in Future Euro Monetary Policy
The European Central Bank (ECB) marked international youth day by posting a video of its president, Christine Lagarde, inviting young people to help guide the future of the Euro. Tweeted from the ECB’s official account, the video features Lagarde explaining how the central bank is the custodian of something that “belongs to you”. дальше »
2020-8-13 17:03 | |
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Bitcoin-Hating Federal Reserve Official Is Suggesting More Inflation Ahead
Neel Kaskari, a cryptocurrency critic and President of the Federal Reserve Bank of Minneapolis, called for another strict lockdown in the United States last week while speaking favorably about supporting inflation, he wrote in a New York Times op-ed. дальше »
2020-8-10 13:07 | |
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Russia’s State Owned Bank, Sberbank, Mulls Over Issuing A Ruble Pegged Stablecoin
Russia’s largest state-owned bank Sberbank is mulling over the idea of issuing their stablecoin reported a local daily. Many believe the decision was prompted by the recent signing of a new cryptocurrency law by President Putin. дальше »
2020-8-6 23:16 | |
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Ex-Chinese Banking Exec Says CBDCs Will Substitute Cash in Circulation
A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”. дальше »
2020-8-3 17:26 | |
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Former Bank of China VP Backs Digital Yuan As An Accelerator for a ‘Dual Circulation’
A former Vice President of Bank of China has said that replacing the fiat RMB in circulation (M0) with a CBDC is the way to go on monetary policy. Wang Yongli, who is now the director of the Haixia blockchain research institute, shared these sentiments in an article posted on his public WeChat account. This […] дальше »
2020-8-3 15:14 | |
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Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments
On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […] дальше »
2020-7-31 22:04 | |
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Russian Bitcoin Ban: Putin Outlaws Crypto as a Payment Means
Crypto as a payment means will become illegal in Russia as from 2021, following the signing of a bill into law by President Vladimir Putin. The move serves as a middle ground between the central bank’s clamor to make crypto transactions illegal and the more moderate wishes of crypto proponents in the country. дальше »
2020-8-1 21:56 | |
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Worlds Fourth-Largest Bank, MUFG, to Roll Out A Digital Currency for Mobile Payments
Japan’s giant banking institution, Mitsubishi UFJ Financial Group Bank (MUFG) finally announces plans to launch its digital currency after releasing a conflicting report in December 2019. According to local news website, Mainichi, MUFG’s president, Hironori Kamezawa, confirmed the company will launch its own digital currency partnering with Recruit Group, which operates restaurant introduction sites including […] дальше »
2020-7-21 19:10 | |
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UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold
The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold. дальше »
2020-7-4 17:15 | |
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Iranian President Orders Govt to Draw Up a National Crypto Mining Strategy
In a surprising move, Iranian President Hassan Rouhani wants the government to further explore cryptocurrency mining. Rouhani told officials at the Central Bank of Iran that they needed to create a national strategy for cryptocurrency mining. дальше »
2020-5-23 09:15 | |
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Iran: President Rouhani Seeks Renewed National Crypto Strategy
According to a report by Iran-based news site ArzDigital, Iranian President Hassan Rouhani has directed the national government to chalk a new strategy for cryptocurrency mining. Iranian President Calls for Clear Crypto Mining Strategy Earlier this week, Iran President Rouhani instructed the officials from the Central Bank of Iran (CBI), energy department and information andRead MoreRead More. дальше »
2020-5-23 13:07 | |
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ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. дальше »
2020-5-3 18:45 | |
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JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program
Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U. S. Bank for their alleged unlawful and fraudulent practices in the Paycheck Protection Program. This program is part of President Trump’s $2. дальше »
2020-4-24 14:05 | |
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Bitcoin’s in A Consolidation Period, History Says the Next Top Won’t be Before March 2021
The US economy could face 18 months of rolling shutdowns without an effective vaccine for the novel coronavirus as the outbreak flares up again, said Federal Reserve Bank of Minneapolis President Neel Kashkari. дальше »
2020-4-14 20:26 | |
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Cardano’s Charles Hoskinson Likens the US Dollar to the Scam Cryptocurrency, Onecoin
The US Congress has mandated the nation’s central bank, the Federal Reserve (Fed), to print an infinite amount of cash to help the nation navigate the ongoing economic crisis. The funds will be available to local businesses and investors in the financial markets to shield them against the impacts of the Covid-19 disaster. Fed president […] дальше »
2020-3-24 14:45 | |
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Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. дальше »
2020-3-19 19:00 | |
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Ultimate Test for Fiat as US Bank Runs Loom
It started as being “just one person coming in from China… We have it under control,” the President said. “It’s going to be just fine. ” Two months later, the U. S. and Europe are national states of emergency and banks in locked-down New York are starting to run out of cash. дальше »
2020-3-17 13:00 | |
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Switzerland’s Crypto Valley Association Head Says CBDC Is a Good Idea
Central bank digital currencies are “the next logical stage,” according to Crypto Valley Association president Daniel Haudenschild
дальше »2020-3-7 15:44 | |
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Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto
Brazil’s central bank president stated that its new payment platform is intended to compete with blockchain-based payment technologies
дальше »2020-2-20 15:49 | |
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Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster. ” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage. дальше »
2020-2-13 19:45 | |
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Yet Another Tailwind for Bitcoin? US Markets ‘Absolutely’ Not Prepared For Increased Inflation
Last week, Atlanta Federal Reserve Bank President Raphael Bostic said inflation is stable and the US economy is close to full employment which means the Fed will be able to keep the interest rates where they are. дальше »
2020-2-7 20:49 | |
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Central Bank Crypto Still 10 Years Away, Says Former ECB Vice President
Former Banque de France governor, Christian Noyer, suggested that a consumer-focused central bank digital currency (CBDC) could still be 10 years away, despite current interest from over 50 central banks. дальше »
2020-2-5 18:00 | |
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ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month and Launches Policy Review
The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close to 2% inflation. дальше »
2020-1-25 21:20 | |
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ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review
The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close to 2% inflation. дальше »
2020-1-24 21:20 | |
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