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El Salvador President Plans to Mine BTC Using Volcanoes
President Nayib Bukele has announced that the country will be looking at mining BTC through the use of volcanos following the digital asset becoming legal tender in the country. The post El Salvador President Plans to Mine BTC Using Volcanoes appeared first on BeInCrypto. дальше »
2021-6-10 22:15 | |
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DeFi Project Arabic Cash Offers a Shelter During Correction. Final Round of Private Sale
United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One […] дальше »
2021-6-7 20:05 | |
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El Salvador to make BTC legal tender; offers crypto entrepreneurs permanent residence
El Salvador is on the path to becoming the first country in the world to adopt Bitcoin (BTC) as legal tender alongside the US dollar. Nayib Bukele, the country’s president unveiled these plans through a video broadcast during the Bitcoin 2021 conference that was held in Miami’s Wynwood neighborhood. дальше »
2021-6-8 13:35 | |
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This Country Plans to Be the First to Accept Bitcoin as Legal Tender
Crypto Legal Tender El Salvador is beginning efforts to accept bitcoin as legal tender — making it the first ever sovereign nation to do so. President Nayib Bukele announced that he would introduce legislation to accept the cryptocurrency as legal tender along with the US dollar, according to CNBC. дальше »
2021-6-8 18:57 | |
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ARABIC CASH launches third and final round of Private Sale
United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country's plans to double its gross domestic product. This means thatThe post ARABIC CASH launches third and final round of Private Sale appeared first on AMBCrypto. дальше »
2021-6-4 08:30 | |
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Will Nigeria Lead The Digital Currency Movement In Africa?
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital. дальше »
2021-5-30 21:43 | |
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Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk to the country’s financial system. дальше »
2021-5-15 05:00 | |
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Bank of Israel Latest to Explore CBDC
Israel is the latest country to join the increasingly competitive CBDC race. Israel Plans to Launch Digital Shekel According to a report by Ledger Insights on May 12, the Bank of Israel recently released a working paper on a central bank digital currency (CBDC) that is intended as a basis for discussion and feedback. Notably,Read More дальше »
2021-5-12 13:01 | |
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Thailand’s Central Bank Plans To Start Piloting Its CBDC In 2022
Thailand’s digital currency project is progressing swiftly and the Bank of Thailand, the country’s central bank, is readying to start pilot tests in the second quarter of 2022. Thailand’s CBDC will be retail; meaning it will be for use by the general public. дальше »
2021-4-3 21:54 | |
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China’s biggest bank says Bitcoin is driving its efforts in this key area
An official of the People’s Bank of China (PBoC), the country’s central bank and chief financial regulator, said yesterday that the burgeoning Bitcoin space was one of the reasons behind the resurgence of the country’s own digital currency plans. дальше »
2021-4-2 15:14 | |
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Cryptos are 'promising,' but not assets in their purest form, says Ukrainian Minister
Ukraine's newly-nominated Finance Minister is in the news today after he put forward plans to regulate the country's domestic crypto-market. While the minister did express concerns with regard to doubThe post Cryptos are 'promising,' but not assets in their purest form, says Ukrainian Minister appeared first on AMBCrypto. дальше »
2021-3-30 20:30 | |
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Coinbase has India in Global Expansion Plans Despite Regulatory Uncertainties
Coinbase cryptocurrency exchange has announced via a March 25, 2021 blog post, that it’s hiring tech experts in India to man its office in the state. This comes at a time when regulatory clarity in the country’s crypto ecosystem is still absent. дальше »
2021-3-26 00:00 | |
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Crypto exchange Coinbase set to expand operations in India
In a blog post, Coinbase announced that it plans to establish a business presence in India. The cryptocurrency exchange said it wants to carry out some customer support operations, software development, engineering, and IT services in the country. дальше »
2021-3-25 11:24 | |
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Japan’s Central Bank Gearing up for CBDC Experimentation
Haruhiko Kuroda, the Governor of the Bank of Japan (BOJ) has hinted that the country’s plans to conduct a central bank digital currency (CBDC) is still very much on course and experiments will begin this spring, according to a Reuters report on March 16, 2021. дальше »
2021-3-18 00:00 | |
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Bank of Russia to Launch Digital Ruble Pilot in 2021
Local reports from Russia indicate the country plans to complete its prototype for a digital ruble before the end of 2021. According to Prime, a financial news outlet, the central bank will launch pilot programs to test the CBDC in 2022 once the prototype is complete. дальше »
2021-3-14 18:41 | |
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Top-tier Chinese cities announce support for digital Yuan trials
Multiple Chinese are planning to underpin pilots of the country’s sovereign central bank digital currency dubbed Digital Currency Electronic Payment (DCEP). These plans are part of the cities’ government work plans for the year. дальше »
2021-1-27 09:19 | |
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Ecuadorian Presidential Candidate Floats National Cryptocurrency Idea
Ecuadorian presidential candidate wants the country to join in the CBDC bandwagon. Making Ecuador Crypto-Friendly According to a recent report by Decrypt, Ecuadorian presidential candidate for 2021 and the current president of the Ecuadorian-Chilean Chamber of Mining, Geovanni Andrade, recently stated that he has plans to develop a national cryptocurrency to enable transactions within Ecuador.Read More дальше »
2021-1-18 16:00 | |
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Gaming Conglomerate Nexon Plans to Acquire Bithumb for $460 million
Nexon Group, a multi-billion dollar gaming conglomerate based in South Korea, is reportedly preparing to acquire Bithumb, the country’s largest cryptocurrency exchange, for a price tag of close to $500 million. дальше »
2021-1-8 06:45 | |
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Swedish Bankers Express Concern Over Central Bank’s e-Krona Plans
While Sweden’s central bank is exploring the possibilities of creating its proposed central bank digital currency (CBDC) known as the e-krona, bankers in the country do not seem thrilled about the idea, as they are worried that a CBDC could affect the banking system. дальше »
2021-1-7 16:00 | |
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Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits
The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. дальше »
2021-1-6 05:30 | |
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Turkey is looking to launch its own crypto in 2021
Naci Agbal, the governor of Turkey’s central bank, recently revealed that the country plans to pilot a previously unknown cryptocurrency as early as in the second half of 2021. The governor disclosed this while addressing the members of the parliament yesterday, December 25th. дальше »
2020-12-26 17:21 | |
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Thai Tax Collector Eyes Blockchain Adoption for Improved Revenue Collection
Rather than raise taxes, Thailand’s Excise Department is looking to adopt blockchain technology for improved tax collection. The move is part of plans to enhance Thailand’s internally generated revenue (IGR) metrics as the country moves towards more sustained economic recovery. дальше »
2020-12-8 00:00 | |
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Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. дальше »
2020-12-2 03:15 | |
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South Korea May Postpone Cryptocurrency Tax Enforcement Until 2022
South Korea’s parliament is considering delaying the implementation of its cryptocurrency tax laws until the start of 2022. Back in June, the country’s government announced plans to introduce a capital gains tax on cryptocurrency trading beginning in 2021. дальше »
2020-11-25 13:20 | |
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US-Based Firm Launches Company-Sponsored Bitcoin Retirement Plans
Another day of bullish market, another bitcoin (BTC) first in the world. DAiM Unveils BTC-Based Employer-Sponsored 401k Retirement Plans In yet another development showcasing the steady adoption of the premier cryptocurrency, US-based asset management firm DAiM recently announced the launch of the country’s first employer-sponsored retirement plans that support BTC investments. дальше »
2020-11-21 04:00 | |
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State-owned Belarusbank rolls out crypto exchange service
State-owned BelarusBank, the largest bank in Belarus, recently announced its plans to roll out a crypto exchange service. The service, once launched, will enable customers in the country and neighboring Russia to purchase and sell cryptocurrencies via Visa payment cards. дальше »
2020-11-14 12:22 | |
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Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector
According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide. дальше »
2020-11-12 22:35 | |
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Lebanon plans to roll out its digital currency next year
Lebanese central bank has concluded plans to roll out its digital currency next year. The country’s central bank will become the latest monetary regulator to make a move towards the launch of a central bank digital currency (CBDC). дальше »
2020-11-11 16:06 | |
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Bank of Canada Making Progress on CBDC, Urges Intl. Cooperation
The governor of the Bank of Canada (BoC) has announced that his country’s digital currency initiative is making progress. In an interview with Reuters published on Wednesday, October 28, chief of the Canadian central bank, Tiff Macklem, said the BoC is working with some G7 member states on its plans for a national digital currency. дальше »
2020-10-30 19:00 | |
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Japan’s Central Bank to Launch Its Digital Yen Pilot in 2021; China’s CBDC Accelerating Timeline
Japan is playing catch up to China’s CBDC plans, Kenji Okamura, vice-finance minister for international affairs, said in an online seminar on Friday, as Reuters reported. Speaking on the dangers of being left behind by the largest Asian economy in digital currencies, Okamura called for the country to move towards developing its own digital yen. дальше »
2020-10-9 17:44 | |
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Major XRP Price Rebound Expected as Ripple Plans Relocation
XRP is giving signs of a significant price rebound as its backer, Ripple Labs, said that it plans to move out of the US. The San Francisco-based blockchain company iterated via its co-founder Chris Larsen that it may shift to a crypto-friendly country – the UK, Switzerland, Japan, or Singapore – because of America’s enforcement-focused […] дальше »
2020-10-9 16:00 | |
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India plans to ban cryptocurrency trading for the second time
India is about introducing a new law that will ban cryptocurrency trades in the country. This will be going out of place with other Asian countries who have decided to keep the market but provide a regulatory framework instead. дальше »
2020-9-17 17:24 | |
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The Bahamas plans to roll out its digital currency “Sand Dollar” in October
The Central Bank of Bahamas has put plans in place to roll out its digital currency across the country. With this plan fully set, the Bahamas will be aiming to be the first country in the world to have a state-backed e-currency. дальше »
2020-9-16 12:22 | |
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Russia tests blockchain voting as the September elections approach
Russia has had a lot of interactions with crypto and blockchain industries in the last few years. Less than a year ago, the reports revealed that the country plans to use blockchain for selling diamonds. дальше »
2020-8-28 13:22 | |
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China Plans to Use Its Digital Yuan During 2022 Winter Olympic Games
Coinspeaker China Plans to Use Its Digital Yuan During 2022 Winter Olympic GamesAs China expands its pilot testing, the country plans to launch its digital yuan for use before the 2022 Winter Olympic Games. дальше »
2020-8-26 15:24 | |
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UK Crypto Businesses Set to Come Under FCA Financial Crime Reporting Requirement
Crypto businesses in the UK are set to come under even greater scrutiny based on new plans by regulators in the country. The Financial Conduct Authority (FCA) continues to mandate strict compliance with financial laws for all cryptocurrency activities in the UK. дальше »
2020-8-26 23:00 | |
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China to use CBDC for 2022 Winter Olympic Games
Ever since China has announced its CBDC, the world has been keeping a close eye on the country’s updates regarding the coin. There is still no news regarding the exact launch date, however, China did reveal one thing, and that is that it plans to use its CBDC during the Winter Olympic Games in 2022. дальше »
2020-8-26 14:01 | |
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China CBDC Trials Coming to Beijing and 27 Other Cities
China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou. дальше »
2020-8-15 17:34 | |
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Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’
Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »
2020-8-6 15:25 | |
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Tel Aviv Stock Exchange to Roll Out Centralized Securities Lending Platform On Blockchain
Israel’s Tel Aviv Stock Exchange (TASE) announced on Tuesday plans to launch the first-ever of a centralized securities lending platform based on blockchain technology in the country. Back in 2018, BEG reported the stock exchange entered into a partnership with Accenture, Hyperledger, and Intel to launch the securities lending platform in a bid to improve […] дальше »
2020-7-29 18:58 | |
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Bank of Japan Announced New Team to Continue Research on CBDC but Has No Plans to Launch It Now
Coinspeaker Bank of Japan Announced New Team to Continue Research on CBDC but Has No Plans to Launch It NowMasayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country. дальше »
2020-7-21 17:26 | |
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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 | |
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