2021-5-28 20:30 |
Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto.
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Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry.
2021-5-26 12:00 | |
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With the emergence of a global digital economy, the use of cash has tumbled over the years and people across the world have gradually started accustoming themselves to digital money. Interestingly, NoThe post Norway: Deputy Governor dismisses likelihood of cryptos replacing banks, kroner appeared first on AMBCrypto.
2021-5-15 02:30 | |
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The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks.
2021-3-22 21:44 | |
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The Bank of England's deputy governor Jon Cunliffe reportedly said that England's central bank was not going to ensure that mainstream banking business would remain relevant or not when future digitalThe post BoE deputy guv: banks must adjust to changes from CBDCs appeared first on AMBCrypto.
2020-11-14 00:30 | |
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Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.
2020-11-14 17:38 | |
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The Lebanese Central Bank plans to introduce a central bank digital currency by 2021 in a bid to restore confidence in the banking sector and move the economy to a cashless system. Major Development In a public announcement, the governor of the Lebanese central bank, Raid Salameh encouraged banks to plan on how to restructureRead MoreRead More.
2020-11-12 14:00 | |
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With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India.
2020-8-20 13:01 | |
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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.
2020-2-5 18:00 | |
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Villeroy de Galhau, Governor of the Bank of France, said on Saturday that virtual currency can be useful especially when cash transactions are decreasing in various nations, however, it should be the prerogative of central banks to issue it and not private firms, Reuters reports.
2020-1-26 19:48 | |
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Central bankers who initially discounted Bitcoin and other public crypto assets as fraud, Ponzi schemes or scams, have suddenly changed their stance. Banks Now Love Crypto, But Only if They Can Control It Bank of France Governor Francois Villeroy de Galhau is the latest monetary policymaker who has recently commented on cryptocurrency and advocated for the technology to be issued and controlled by central banks.
2020-1-27 19:30 | |
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Central Banks' rising interest in the field of digital assets has been evident in 2019. After China's development of a state-backed CBDC, many have speculated that other central banks will follow sThe post Bank of Canada Governor highlights risks associated with Bitcoin, Libra appeared first on AMBCrypto.
2019-12-16 16:46 | |
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India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […]
2019-12-6 18:28 | |
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The Governor of the Bank of Japan dismissed the possibility of the central bank issuing a digital currency at a press conference after a G20 meeting between finance leaders and central banks.
2019-11-1 20:32 | |
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The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
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Sweden’s central bank chief has explained that Facebook’s Libra cryptocurrency should serve as a catalyst for central banks around the world to rethink their role and reform to incorporate the digital age.
2019-10-16 21:10 | |
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According to Chile’s Central Bank Governor, Mario Marcel, digital currencies issued by the central banks are beneficial and can run outside of the blockchain technology, the Block reports. The governor was speaking during the OECD's Global Blockchain Policy Forum that was held last week.
2019-9-20 22:59 | |
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Saudi Arabian Monetary Agency (SAMA), the financial watchdog for Saudi Arabia is considering to expand the scope of digital currencies to several banks and other countries after completion of its pilot project later this year, reported Al-Eqtisadiah.
2019-9-12 19:30 | |
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Masayoshi Amamiya, the Deputy Governor of the Bank of Japan (BoJ) dismissed the idea that central banks can boost the effectiveness of negative interest rate policies by issuing digital currencies, on Friday, reported Reuters.
2019-7-5 19:47 | |
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The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets
2019-7-6 17:36 | |
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France’s central bank governor Francois Villeroy de Galhau has announced the creation of a Group of Seven central bank governors task force, which will work to produce a study outlining how central banks can regulate Facebook's Libra cryptocurrency to keep it in line with anti-money-laundering regulations and consumer protection rules.
2019-6-21 19:12 | |
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France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today.
2019-6-21 18:28 | |
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Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […]
2019-4-30 18:34 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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CoinSpeaker Davos 2019: Crypto is Not a Threat to Traditional Banks, Believe Bank of England’s Officials According to Huw van Steenis, senior adviser to Bank of England Governor Mark Carney, cryptos have no value and fail fundamental tests of financial services.
2019-1-22 12:33 | |
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The deputy governor of the Bank of Japan, Masoyoshi Amamiya, has recently revealed how the banks view cryptos during a lecture meeting at the Japan Society of Monetary Economics. The banker has affirmed that it is debatable whether cryptos have any serious merit to improve the existing financial system. According to it, he does not […]
2018-10-24 07:04 | |
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In theory, a Central bank cryptocurrency could help enhance a nation’s monetary policy by allowing Central Banks to charge interest on deposits of households and firms, encouraging people to spend rather than hoard their money.
2018-10-22 19:00 | |
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Bank frauds in India have opened a can of worms this year, leaving the public questioning concepts such as board, governance, public sector, bankruptcy, and investor transparency with anxiety and anger.
2018-9-13 14:50 | |
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The Bank of England has warned U.K. lenders to study cryptocurrencies before doing business in the space. While acknowledging the benefits of the underlying distributed ledger, the deputy governor believes the high price volatility and relative illiquidity of cryptocurrencies are good enough reasons why financial institutions need to be careful when dealing with crypto assets.
2018-6-29 21:16 | |
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The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
2018-6-29 18:17 | |
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The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to expect. ‘Reputational Risks’ “In their short history, crypto-assets have exhibited high price volatility and relative illiquidity,” wrote Bank of England Deputy Governor Sam Woods in a letter to the chief executives of banks, insurers, and fund managers — as reported by The Telegraph, adding: Crypto-assets also raise concerns Read More The post BoE: Cryptocurrencies Pose ‘Reputational Risks’ appeared first on Bitcoinist.com.
2018-6-29 05:00 | |
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The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system.
2018-6-26 17:00 | |
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Reports out today highlight some insight into how Romania’s central bank, the National Bank of Romania (NBR) view cryptocurrencies. This follows an international trend that is seeing more and more central banks weigh in on cryptocurrencies, each with differing views and approaches.
2018-6-15 12:30 | |
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]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
2018-6-13 23:40 | |
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Following the mid-month surge that led to a false breakout last week, Avax fell back into a range and continued to show signs of weakness. It is currently looking for key support to initiate a buy on the daily chart.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded a net inflow of $45 million on May 28. This extended their win rate to 11 straight days despite the Grayscale Bitcoin Trust ETF (GBTC) experiencing $105.
Bitcoin BTC continued to remain calm after rejecting a key resistance line last week. While failed to push back above $70k, it found a new support and bounced off; but there’s not enough volatility to sustain buying pressure.
The native token of the modular blockchain network Celestia (TIA) gained bullish momentum as social media users discuss a further price surge. TIA is up by 13% in the past 24 hours and is trading at $10.30 at the time…
Cross-border QR code payments via Cambodia’s digital currency are poised to boost the use of the riel, according to central bank governor Chea Serey. The National Bank of Cambodia‘s new digital currency, Bakong, is poised to significantly boost the use…
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have recorded $0 net inflows for the fourth time since their launch in January. According to data provided by Farside Investors, spot BTC ETFs stood still on May 27 as the…
Speaking with crypto.news, Matthijs de Vries, CEO and Founder of Nuklai, delved into the ethical implications of AI use in the NFT sector. The onset of AI has opened up a lot of new possibilities, and one of the sectors…