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Norway Central Bank Governor: Bitcoin is ‘Too Costly’ to be Used and Doesn’t Preserve Stability
The world’s most cashless country doesn’t want its people to use Bitcoin as an alternative. The post Norway Central Bank Governor: Bitcoin is ‘Too Costly’ to be Used and Doesn’t Preserve Stability first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 18:04 | |
Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor
The Central Bank of Nigeria (CBN) said they never banned the use of cryptocurrencies in the country, and they are not discouraging people from trading with crypto assets either. The clarification came from Godwin Emefiele, deputy governor Adamu Lamtek, on behalf of Godwin Emefiele, the governor of the central bank, at the 30th seminar for […] The post Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 16:21 | |
Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says his organisation’s directive only applies to the banking sector. Prohibition Only Applies to […] дальше »
2021-3-21 16:45 | |
Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act
The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector. дальше »
2021-3-18 19:31 | |
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 | |
Blockchains LLC Dream of a Smart City Hits Speed Bump
Commissioners from Storey County, Nevada, voted against the smart city proposal by Blockchains LLC with the support of Democratic governor Steve Sisolak. This proposal asks the government to allow Blockchains to build its city on the 67,000 acres of land it owns in the county. дальше »
2021-3-4 23:56 | |
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians. дальше »
2021-2-26 07:15 | |
RBI Governor Believes Crypto has ‘Major Concerns’ While Teasing the Launch of a Digital Rupee
In an exclusive interview with CNBC TV18, Shaktikanta Das, the Reserve Bank of India (RBI) governor, said the central bank has “major concerns on cryptocurrencies. ” The central bank has already communicated the government's concerns, who will “take a call,” and if required, Parliament will also decide on regulating crypto. дальше »
2021-2-26 21:24 | |
Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. дальше »
2021-2-25 03:30 | |
India’s Central Bank Cites Financial Instability Due to Cryptocurrencies
On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this form of assets and instituteRead More дальше »
2021-2-25 00:00 | |
Bank of Korea Governor Bashes ‘Volatile’ and ‘Invaluable’ Bitcoin
Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price. дальше »
2021-2-25 22:51 | |
Nigerian Senate Invites Financial Regulators To Discuss Crypto Ban
An Outright Ban Won’t Solve Much Nigerian lawmakers have summoned the country's Central Bank Governor and the head of the Securities and Exchange Commission, Nigerian Tribune reports. The decision came following a session concerning the recent crypto ban that was announced by the Central Bank last week. дальше »
2021-2-12 17:39 | |
Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official
Deputy Governor Tim Lane calls the ongoing price action in the crypto market a “speculative mania,” while ECP President says adding Bitcoin to its reserves is “out of the question." The post Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official first appeared on BitcoinExchangeGuide. дальше »
2021-2-11 16:36 | |
Canada's central bank will issue a CBDC 'only when the time is right'
Bitcoin does not have a plausible claim to be the money of the future, according to the Deputy Governor of Canada’s Central Bank. During a recent speech in Montreal, Deputy Governor Timothy Lane The post Canada's central bank will issue a CBDC 'only when the time is right' appeared first on AMBCrypto. дальше »
2021-2-11 10:00 | |
Billionaire Bitcoin investor backs away from California governor bid
Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.
дальше »2021-2-5 07:57 | |
Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’
Gabriel Makhlouf said investors are likely to lose their entire investment as Bitcoin and other cryptocurrencies go to zero. The post Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’ appeared first on CryptoSlate. дальше »
2021-2-2 23:34 | |
Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’
Although major entrepreneurs have shown their support for Bitcoin, regulators, at least in Ireland, seem to have taken a step away from the asset. According to the governor of the Irish central bank, The post Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’ appeared first on AMBCrypto. дальше »
2021-1-30 02:30 | |
Early Bitcoin advocate Chamath Palihapitiya to contest for California governor
The star money manager made a big Bitcoin bet back when the project was in its nascency. The post Early Bitcoin advocate Chamath Palihapitiya to contest for California governor appeared first on CryptoSlate. дальше »
2021-1-28 20:04 | |
Colorado Government Taps 2,000 Hackers to Address Climate Change & Local Economy in ColoradoJam Software Building Competition
ETHDenver, the world’s largest annual Web3 software-building competition and blockchain technology educational event, announced its official collaboration with the Colorado Governor’s Office, Governor’s Office of Information Technology,... дальше »
2021-1-27 14:42 | |
Bank of England Governor Warns Cryptocurrencies Won’t Last
The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies as originally formulated are it. дальше »
2021-1-27 03:15 | |
Blockchain Bites: Universities Are Gaining Bitcoin Exposure as Institutional ETH Appetite Grows
Meanwhile, BoE Governor Andrew Bailey said crypto qua crypto fails as currency qua currency, though dissidents like Alexey Navalny might disagree. дальше »
2021-1-27 20:22 | |
Bank of England governor is bearish on Bitcoin, but sees growth of CBDCs
The crypto skeptic made the comments in an online discussion during this year’s Davos agenda. The post Bank of England governor is bearish on Bitcoin, but sees growth of CBDCs appeared first on CryptoSlate. дальше »
2021-1-27 18:37 | |
BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’
Bank of England Governor Andrew Bailey has no love lost for Bitcoin and believes the days of cryptocurrencies are numbered. Speaking on a panel about digital currencies at the Davos-based World Economic Forum on Monday, Bailey said, “Have we landed on what I would call the design, governance, and arrangements for what I might call a […] The post BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’ first appeared on BitcoinExchangeGuide. дальше »
2021-1-26 18:25 | |
Sweden Is Working with Corda’s DLT for the e-Krona CBDC Proof-of-Concept
The Swiss central bank is already working with Corda’s Distributed Ledger Technology (DLT) for its CBDC proof-of-concept in the proposed e-krona digital currency. Cecilia Skingsley, the bank’s deputy governor, confirmed this development while speaking yesterday at the CFC St. дальше »
2021-1-22 23:20 | |
Nevada Governor Includes Blockchain Technology Development in Economic Blueprint
Nevada Governor is looking to develop a special zone in the state, which would promote the development of blockchain technology. Nevada Big on Blockchain Technology Adoption According to the Reno Gazette Journal on Monday (Jan. дальше »
2021-1-21 11:00 | |
Former Fed Governor Pins Bitcoin Rise on Weakening Dollar and Inadequate Monetary Policy
Kevin Warsh, a one-time Bitcoin skeptic, appears to have softened his stance on the asset following the past few weeks of strong performances. Speaking with CNBC's Squawk Box, Warsh, a former Governor of the Federal Reserve, explained that the leading cryptocurrency had benefited largely from the slip in the dollar across last year. дальше »
2021-1-7 19:26 | |
Former Fed guv not surprised by Bitcoin's current market performance
Former Fed governor Kevin Warsh believed that US dollar is losing value and this situation seems to be affecting Bitcoin in a positive way. Kevin Warsh was a governor of the Federal Reserve System durThe post Former Fed guv not surprised by Bitcoin's current market performance appeared first on AMBCrypto. дальше »
2021-1-7 01:00 | |
Bitcoin Investment Makes Sense in Current Economic Climate: Former Fed Governor
"I guess if you are under 40, bitcoin is your new gold," Warsh said. дальше »
2021-1-7 20:38 | |
Bitcoin ‘Makes Sense’ Under ‘Incredibly Aggressive Fed’ – Former Governor
In this environment, Warsh believes an allocation to bitcoin “makes sense. ” Warsh made his comments as Democrats took control of the US Senate earlier Wednesday. The election results will likely increase further stimulus measures. дальше »
2021-1-6 18:51 | |
Turkish Central Bank Governor Hopeful of CBDC Pilot in 2021
Turkey and Russia continue to inch closer to CBDC ambitions. Turkey Set to Pilot CBDC in 2021 Second Half According to a Coindesk report published on Dec 26, Turkey is poised to begin piloting a previously undisclosed digital currency in the second half of 2021. дальше »
2020-12-29 18:00 | |
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 | |
Digital Yuan Not Intended to Replace Global Currencies, Says Ex-PBOC Governor
Zhou Xiaochuan, a former governor of the People’s Bank of China (PBoC), stated that China’s planned central bank digital currency – Digital Currency Electronic Payment (DCEP) – has no plans to topple existing sovereign currencies. дальше »
2020-12-15 13:01 | |
Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US
One of the wealthiest oligarchs in Ukraine and a former governor in one of the country’s regions are reportedly mining bitcoin in a factory located in the U.S. Ukrainian Businessmen Are Reportedly Running Crypto Mining Operations at US Factory Per Radio Free Europe (known also as Radio Liberty), Igor Kolomoisky is said to be using […] The post Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US appeared first on Bitcoin News. дальше »
2020-12-15 04:45 | |