2022-6-22 14:07 |
The Gulf State central banker praised the "innovation" of crypto assets.
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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
2022-4-14 22:11 | |
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Hey folks. We’re still talking central bank digital currencies and digital dollars, so this week's State of Crypto has some quick and vaguely unhinged thoughts on recent actions and statements on this front.
2022-4-6 22:47 | |
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The European Central Bank is likely to opt for a centralized solution for its new digital euro – the clue is in the name – raising questions over state snooping, and a harmful impact on innovation.
2022-4-4 08:00 | |
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Soon after the central bank of Russia announced that it is mulling a ban on crypto mining, reports now point otherwise. The Chairman of the State Duma Committee on Industry and Trade, Vladimir GuteThe post Russia might undo its mining ban decision, but Fitch Ratings point at other concerns appeared first on AMBCrypto.
2022-1-26 21:30 | |
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The State Duma Committee on the Financial Market estimated the investments of Russians in cryptocurrencies at 5 trillion rubles. Earlier, the Central Bank stated that the Russians are among the most active participants in the crypto market.
2021-12-28 18:00 | |
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The head of the Russian Central Bank once again voiced the regulator's skepticism towards cryptocurrencies due to their high volatility. Earlier, the State Duma confirmed that they are discussing a complete ban on investing in bitcoin.
2021-12-18 15:12 | |
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Elvira Nabiullina, the Governor of the Bank of Russia, has disclosed that the central bank will only embrace a digital version of the ruble if it meets several conditions within pilot tests. Nabiullina spoke on this matter before the State Duma Committee on Financial Markets on November 15.
2021-11-19 18:58 | |
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Israel is experimenting with its own digital currencies, having kickstarted a trial. The country is leaning on Ethereum to gain a better understanding of the underlying technology behind CBDCs. Central Banks around the world are working to develop their versions of digital currencies to stifle the influence of cryptocurrencies. The State of Israel is not […]
2021-10-28 22:05 | |
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Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate.
2021-10-26 19:00 | |
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The President of Nigeria, Muhammadu Buhari, will formally unveil the much anticipated Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25th, October 2021, at the State House in Abuja.
2021-10-25 18:30 | |
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Discussing Jerome Powell's reappointment as chairman of the Federal Reserve, the state of central banking and more.
2021-10-21 21:06 | |
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Infamous US whistleblower shares his highly negative take on central bank digital currencies, saying that the State wants to be in the center of every transaction
2021-10-10 12:24 | |
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The Chinese central bank is setting up a “coordination mechanism” with state agencies to continue battling crypto.
2021-9-25 13:43 | |
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The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities.
2021-8-18 15:00 | |
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Although the government has stated that a sovereign digital currency will not replace the country’s fiat currency, Vietnam has become the latest country to investigate central bank digital currency (CBDC).
2021-7-13 02:41 | |
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Phạm Minh Chính, Vietnam’s Prime Minister, has instructed the State Bank of Vietnam to study and trial digital currencies. A report unveiled this news on July 3, noting that unlike the central bank digital currencies (CBDCs) of other countries, which run on centralized systems, Vietnam’s will be blockchain-based.
2021-7-6 16:45 | |
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Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlightedRead More
2021-7-5 13:00 | |
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While the future of money shouldn’t be “left entirely to central bankers,” Ravi Menon warns not to discount the possibility of crypto whose widespread use could “lead to an erosion of the nation state’s monetary sovereignty.
2021-7-2 20:15 | |
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A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets.
2021-6-16 14:03 | |
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Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular.
2021-6-1 17:54 | |
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The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […]
2021-4-14 19:15 | |
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State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
2021-4-9 15:46 | |
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The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More
2021-3-27 15:00 | |
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The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP said Monday.
2021-3-24 11:00 | |
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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.
2021-3-18 19:31 | |
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A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices.
2021-1-12 02:30 | |
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The rise of CBDCs In the past few years, there were only rumors about central bank digital currencies (CBDCs). Issued and controlled by the state, a CBDC refers to the digital version of the national currency that has the potential to replace cash.
2020-12-29 17:39 | |
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International Currencies The Russian state news outlet RT reported that the Central Bank of Russia says digital currencies will challenge current international banking systems. There are more than 30 central banks or other regulators that are researching Central Bank Digital Currencies (CBDCs).
2020-12-26 20:29 | |
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The Central Board of Direct Taxes (CBDT), the authority in charge of taxation in India, is now gathering information about bitcoin (BTC) trades executed via banks in the state and it’s also monitoring the earnings of traders on KYC-compliant exchanges.
2020-12-8 21:49 | |
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With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide.
2020-10-31 19:08 | |
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Bitcoin over-the-counter (OTC) traders could be facing up to a five-year ban on their banking accounts in China, local reports state. The central bank, People’s Bank of China (PBoC), is heavily cracking down on money laundering activities and is blacklisting several OTC trading desks dealing in cryptocurrencies.
2020-9-24 22:55 | |
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A wide-ranging conversation about the state of macro, why central banks can’t really do anything and why private markets are leading the future of money.
2020-9-18 22:00 | |
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China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated.
2020-8-7 14:25 | |
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China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency.
2020-8-7 23:07 | |
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In its latest State of Bitcoin report, Delphi Digital explains that Bitcoin will benefit the most from the pledge made by central banks around the world to do what is needed to keep their economies afloat.
2020-5-14 03:00 | |
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Cryptocurrencies have come a long way from the days when they were almost universally looked at with fear and suspicion. Today, the trend has changed substantially, with governments and central banks The post Are CBDCs a pathway to innovation or instrument of state surveillance? appeared first on AMBCrypto.
2020-3-18 18:00 | |
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India’s central bank, the Reserve Bank of India (RBI) is putting preparations in top gear to file a review petition in the Supreme Court against the court’s verdict in favor of cryptocurrency trading in the state, reports the Economic Times on March 6, 2020.
2020-3-7 16:00 | |
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The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, which was planned in the first quarter of 2020. “The coronavirus outbreak has led to postponed work resumption in government institutions, including the People’s Bank of China (PBC).
2020-2-27 21:43 | |
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The Digital Currency Research Institute within the People’s Bank of China has issued a statement further complicating our expectations for blockchain adoption in the country. There has been consistent media buzz surrounding China’s reorientation towards blockchain as an official state policy.
2020-2-22 11:18 | |
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With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months.
2020-2-3 07:25 | |
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A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.
2020-1-20 21:01 | |
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An Oklahoma lawmaker has come forward with the proposition of creating a financial institution chartered by the state and that functions as a central crypto depository for government agencies in the state.
2020-1-18 01:45 | |
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There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
2019-12-4 13:52 | |
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The Bank of Russia has backed a potential ban on cryptocurrency payments, according to a state news agency.
2019-11-30 15:42 | |
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Sweden’s Central Bank Governor has outlined a six-step plan on how the state bank can implement its own digital currency. He outlined a checklist that needs to be completed before the idea is fully implemented.
2019-11-22 18:03 | |
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India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year.
2019-11-6 12:03 | |
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India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year.
2019-11-6 12:03 | |
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After a period of absence, RT’s Max Keiser is back and his commentary on the current state of the global economy is as colorful as ever. The bitcoin bull also had some interesting things to say about China’s gold hoards and its new central bank-backed cryptocurrency.
2019-11-2 13:00 | |
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The Publicity Department of the Central Committee of the Communist Party of China (CCPPD) has just released 25 instructional videos aimed at educating the public on blockchain technology. The video series even includes information on Ethereum and Bitcoin.
2019-10-31 08:24 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.