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Central Bank of Oman Warns Public Against Cryptocurrency Investment
The Central Bank of Oman (CBO) has issued a warning to the country’s citizens regarding investments in cryptocurrencies and related products. It should be noted that the country itself is not particularly anti-cryptocurrency, but still has yet to legalize cryptocurrencies. дальше »
2020-7-21 19:15 | |
Chinese Central Bank Partners with E-commerce Giant for CBDC Test
Chinese food delivery and e-commerce giant Meituan Dianping is the latest establishment to trial China’s digital currency electronic payment (DCEP) project; the country’s planned central bank digital currency (CBDC). дальше »
2020-7-15 19:00 | |
Bank of Korea Acquires Samsung-backed Blockchain Authentication Certificate System
South Korea’s central bank has signed a memorandum of understanding (MoU) with the country’s Financial Settlement Service to take over the management of BankSign; a blockchain authentication certificate service. дальше »
2020-7-14 01:07 | |
Uruguay’s e-Peso: How a Small Nation Built the World’s First CBDC
In late 2017, the Central Bank of Uruguay surprised the world with a decision to explore the viability of a Central Bank Digital Currency (CBDC). At the time, no other country was ready to deploy a consumer-oriented token. дальше »
2020-7-11 17:28 | |
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan in a “strategic partnership. дальше »
2020-7-9 16:20 | |
Bank Of Japan (BoJ) Launches ‘Technical’ Study to Experimenting CBDCs
The race to launch a sovereign digital currency is heating up as Japan became the latest country to venture into a central bank digital currency (CBDC). In a report released by the Bank of Japan (BoJ) on Friday, July 3, 2020, the bank will start experimenting with a digital yen to check the technical feasibility […] дальше »
2020-7-4 20:43 | |
Japan's CBDC 'experiment' has an eye on China's progress
The cryptocurrency market has been looking on cautiously as it awaits the launch of a central bank digital currency [CBDC], unsure of what its impact may be on a country. Over the past few months, manThe post Japan's CBDC 'experiment' has an eye on China's progress appeared first on AMBCrypto. дальше »
2020-7-3 17:00 | |
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. дальше »
2020-6-30 14:15 | |
Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance
On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More. дальше »
2020-6-22 14:07 | |
Bank of Thailand (BoT) to Develop A Prototype Payments System For Business Using CBDC
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. дальше »
2020-6-20 19:54 | |
Thailand: Central Bank Partners with SCG for CBDC Pilot Test
Thailand’s central bank in partnership with SCG — one of the country’s largest conglomerates — is set to run a pilot test for a central bank digital currency (CBDC). Thailand Moving Forward with Digital Currency Plans According to the Bangkok Post, SCG has signed a memorandum of understanding (MoU) with the Bank of Thailand (BOT),Read MoreRead More. дальше »
2020-6-20 17:07 | |
South Korea Establishes Panel for CBDC Review
South Korea’s central bank plans to conduct an in-depth review of the modalities required for issuing a central bank digital currency (CBDC). The news is the latest example of the country’s focus on digital innovation amid the backdrop of China’s advancement in the CBDC sphere. дальше »
2020-6-16 14:02 | |
Bitcoin, Ethereum's popularity in China not a fluke
The cryptocurrency club is becoming exclusive, with countries around the world in a race to put forward their version of a central bank digital currency [CBDC]. China is the only country that has annoThe post Bitcoin, Ethereum's popularity in China not a fluke appeared first on AMBCrypto. дальше »
2020-6-9 13:00 | |
Iranian Official: Central Bank Should be In Charge of Crypto’s; ‘Take Bitcoin Seriously’
An Iranian lawmaker has argued that the country's Central Bank ought to be the oversight body of Bitcoin and other digital currencies. Tasnim news agency was the first to report on this development after Rep Mohammad Hossein Farhangi (Tabriz) shared his sentiments in Parliament. дальше »
2020-6-4 23:48 | |
Ripple Execs, Led By CEO Brad Garlinghouse, Meet With Central Bank Of Brazil Officials in ‘Closed to the Press’ Meeting
Ripple Inc.’s, Brad Garlinghouse held a ‘closed to the press’ meeting with Brazil’s Central Bank officials on May 30th to discuss “institutional matters” in the South American country. Top officials from both Ripple and the Central Bank of Brazil held the meeting at 1700 hrs to 1800 hrs. What could be the motive behind the […] дальше »
2020-6-4 21:49 | |
Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade
Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. дальше »
2020-5-29 13:00 | |
Bitcoin Trading Exploding in India Since Supreme Court’s RBI Ban Reversal
Bitcoin (BTC) trading in India is experiencing a resurgence since the Supreme Court’s decision to nullify the central bank’s 2018 crypto ban. However, insiders say the lack of regulatory clarity is still posing hurdles for virtual currency commerce in the country. дальше »
2020-5-29 00:00 | |
China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments
China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country. дальше »
2020-5-27 23:00 | |
PBC Governor says China has no launch timetable for the Digital Yuan
The People’s Bank of China has reiterated that the Digital Yuan is still at the testing phase and there is no set timetable for the official launch The Governor of the People’s Bank of China (PBC) Yi Gang has reportedly told a panel at a meeting that the country’s move towards launching a central bank-issued […] The post PBC Governor says China has no launch timetable for the Digital Yuan appeared first on Coinjournal. дальше »
2020-5-27 20:07 | |
China’s Digital Yuan Sets the Country on Track for Tokenomics Dominance
As the world emerges from lockdown, China is already several steps ahead in the roll-out of a Central Bank Digital Currency (CBDC). The Asian giant spearheaded its digital Yuan back in April and is now integrating the PBoC backed asset into China's existing payment networks. дальше »
2020-5-26 18:27 | |
Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report
According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […] дальше »
2020-5-24 21:24 | |
Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance
The central banking system in the U. S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. дальше »
2020-5-21 21:40 | |
France Becomes the First Country to Successfully Trial a Blockchain-Based Digital Euro
Central banks across the globe are having an ultra-busy time amid the coronavirus crisis. Besides pumping in millions on millions of money into the system to salvage the economy, central banks have had to disinfect likely tainted currency notes. дальше »
2020-5-21 20:42 | |
China’s Central Bank Wants to Speed Up Blockchain Adoption
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan.
дальше »2020-5-14 00:30 | |
Dutch Bitcoin Exchange to Shut Down Citing Harsh DNB Registration Demands
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. дальше »
2020-5-7 13:03 | |
Crypto Exchanges to Face Stricter AML Laws in the Netherlands
Dutch authorities have told crypto exchanges to be ready to comply with tougher anti-money laundering (AML) laws or face mandatory shutdowns. DNB Gives Crypto Exchanges Two Weeks Ultimatum In a press release published by the Netherlands’ central bank, De Nederlandsche Bank (DNB), on Monday (May 4, 2020), crypto exchanges operating in the country were givenRead MoreRead More. дальше »
2020-5-7 23:00 | |
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan. дальше »
2020-4-25 23:05 | |
Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency
Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality. дальше »
2020-4-24 17:55 | |
South Africa: Government Panel Proposes Strict Crypto Regulations
An intergovernmental panel in South Africa comprising the central bank, treasury, and financial regulators is calling for the enactment of strict crypto regulations in the country. Strict Crypto Policing in South Africa In a paper published by the Intergovernmental Fintech Working Group (IFWG) in South Africa, the government panel argued for the establishment of aRead MoreRead More. дальше »
2020-4-18 17:00 | |
Agricultural Bank of China Rolls Out Test App for the Prospective Digital Currency, DC/EP
China’s Digital currency might be integrated with the country’s financial ecosystem sooner than expected despite the COVID-19 pandemic. This is after one of its state-owned banks – Agricultural Bank of China (ABC) – released an application that accommodates the prospective central bank currency, DC/EP. дальше »
2020-4-15 17:18 | |
COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption
The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »
2020-4-5 15:00 | |
China’s Central Party School Wants a ‘Sovereign Blockchain’
A new article from China’s Central Party School affirms the nation’s commitment to blockchain technology and stresses its need for governance. The Central Party School of the Community Party of China is among the top institutions in the country which trains officials for the Community Party of China. дальше »
2020-3-31 06:15 | |
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). дальше »
2020-3-31 21:45 | |
Russian Central Bank Admits It Can’t Ban Bitcoin
The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country. Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either. дальше »
2020-3-18 16:15 | |
Zimbabwe: Central Bank Set to Introduce Regulatory Sandbox for Cryptocurrency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ) is making plans to regulate the cryptocurrency industry, as there is a draft policy framework underway. A robust regulatory framework in place will see the development of the crypto sector in the country. дальше »
2020-3-17 21:00 | |
India lifts ban on Bitcoin
India's supreme court lifted the two-year cryptocurrency ban last week, quashing an April 2018 order by the country's central bank that prohibited financial institutions from providing services "in relation to virtual currencies." дальше »
2020-3-10 20:00 | |
PBoC Secures $4.7M Funding for its Blockchain Trade Finance Platform From Chinese Govt
The People’s Bank of China (PBoC) has secured a funding of 32. 5 million yuan ($4. 7 million) for its blockchain trade finance platform for key research and development projects. The country’s central bank has been spearheading this platform that was launched in Sept. дальше »
2020-3-10 22:09 | |
Ethereum's Buterin: Digitization is inevitable, with or without blockchain
Central governments across the globe are currently mulling over the need for a central bank digital currency [CBDC]. All thanks to China, for it was the first country to research and accelerate its efThe post Ethereum's Buterin: Digitization is inevitable, with or without blockchain appeared first on AMBCrypto. дальше »
2020-3-5 21:30 | |
India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence
On 4 March, the Supreme Court of India ruled that the ban imposed by the country's central bank, the Reserve Bank of India [RBI], on banks working with cryptocurrency service providers was "unconstituThe post India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence appeared first on AMBCrypto. дальше »
2020-3-5 17:30 | |
Bullish Signal: South Korean Parliament Passes Law That Fully Legalizes Cryptocurrency Holding And Trading
Yesterday, India’s Supreme Court quashed the Central bank’s crypto ban that was curtailing cryptocurrency trading in the country. The crypto community perceived this as a big adoption boost for bitcoin and cryptocurrencies in general. дальше »
2020-3-6 16:14 | |
After Court Victory, Indian Exchanges Gear Up for Crypto Trading Surge
Indian Supreme Court’s decision to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country. дальше »
2020-3-4 21:06 | |
Forget RBI, Indian Bitcoin Community’s Biggest Obstacle is Modi Govt
Bitcoin exchanges in India emerged as winners in a two-year-long court battle against the country’s central bank. The Supreme Court of India in its Wednesday verdict lifted curbs that effectively banished the trade of cryptocurrencies in the country. дальше »
2020-3-5 21:06 | |