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Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS
Blockchains have “inherent limitations” that lead to fragmentation, which means crypto is unsuitable as a means of payment, economists at Bank for International Settlements (BIS) said in a June 7 report. дальше »
2022-6-8 21:15 | |
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National Bank of Ethiopia Warns of ‘Illegal’ Crypto Use
Ethiopia’s central bank released a statement today calling Bitcoin “illegal,” prohibiting the use of any other currency except the Birr for all transactions. The post National Bank of Ethiopia Warns of ‘Illegal’ Crypto Use appeared first on BeInCrypto. дальше »
2022-6-7 23:15 | |
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Ethiopian Central Bank: Business Transactions Using Bitcoin Are “Illegal”
The National Bank of Ethiopia issued a statement reminding its citizens that business transactions made with bitcoin and other cryptocurrencies are “illegal”. дальше »
2022-6-7 20:34 | |
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Ugandan central bank U-turns on crypto, welcoming firms to regulatory sandbox
The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions. дальше »
2022-6-7 07:43 | |
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DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins
Frax Finance is a decentralized protocol that can be thought of as a fully autonomous, on-chain central bank issuing and controlling the monetary policy of a fractional-algorithmic stablecoin called FRAX.... дальше »
2022-6-4 17:02 | |
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CBDCs Could Kill The Case For Digital Currencies: India’s Central Bank Deputy Governor
Speaking at a webinar organized by the IMF on India’s digital payment system, the Reserve Bank of India’s Deputy Governor T Rabi Sankar said CBDCs could kill the case for cryptocurrencies. Referring to cryptocurrencies backed by advanced technologies, he said that technology is a tool and it can be misused. India is planning to launch its […] дальше »
2022-6-4 18:56 | |
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No ‘Redline’ Argument Against CBDC, Says BoE Official
An official from the Bank of England said that developing a central bank digital currency (CBDC) would be in line with the central bank’s directive. The post No ‘Redline’ Argument Against CBDC, Says BoE Official appeared first on BeInCrypto. дальше »
2022-6-3 06:45 | |
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Consensus 2022 Visitor Guide: CBDCs and Public Money
Central bank digital currencies, including a possible digital dollar, remain a hot-button topic in the crypto world. Here’s a rundown of our top choices for attendees interested in government and money at this year’s Consensus Festival in Austin, Texas. дальше »
2022-6-2 02:36 | |
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India’s Central Bank Plans Graded Implementation Of CBDC
India’s banking and finance sector regulator, the Reserve Bank of India (RBI), has said that it plans to introduce a Central Bank Digital Currency (CBDC) in a graded manner. Also, the introduction of a CBDC needs to meet the objectives of India’s monetary policy, financial stability, and currency and payments systems, local media reports. The […] дальше »
2022-6-2 23:34 | |
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NY Fed president urges colleagues to prepare for coming digital payment transformation
Technology is changing fast, but the role of the central bank stays the same, Williams tells an audience of officials, scholars and financial industry leaders. дальше »
2022-6-2 23:30 | |
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Fireblocks Advances Its Central Bank Digital Currency Strategy
Fireblocks has announced a key hire in its moves to engage and partner with central banks globally in their introduction of digital currencies. дальше »
2022-6-2 15:01 | |
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Tether’s reported bank partner Capital Union shares its crypto strategy
Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. дальше »
2022-6-2 13:50 | |
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Record VC Crypto Investments May Halve in 2022 – Morgan Stanley
Venture capital investment (VC) has been flowing into crypto and Web3 startups at unprecedented levels recently, but one Wall Street bank is predicting that those flows may dry up this year. The post Record VC Crypto Investments May Halve in 2022 – Morgan Stanley appeared first on BeInCrypto. дальше »
2022-6-1 11:00 | |
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JPMorgan Dips Into DeFi With Singapore Pilot on Asset Tokenization
JPMorgan Chase is piloting the tokenization of DeFi on the blockchain in a project to explore crypto use cases by the central bank of Singapore. The post JPMorgan Dips Into DeFi With Singapore Pilot on Asset Tokenization appeared first on BeInCrypto. дальше »
2022-6-1 04:10 | |
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Russian Central Bank Open to Crypto For International Payments
The Russian Central Bank is open to the idea of cryptocurrencies being used for cross-border settlements, an official stated on Tuesday. The announcement comes as various departments and legislators come... дальше »
2022-6-1 21:51 | |
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India’s Central Bank Chief Says Crypto Has No Intrinsic Value
The chief of the Reserve Bank of India (RBI) on Monday said that cryptocurrencies have no underlying value. He said this as a justification for the current crash in the crypto market. дальше »
2022-6-1 19:44 | |
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Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed
In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currencies, especially in cross-border payments. However, Circle, issuers of the USDC stablecoin, have said the development of a CBDC is unnecessary and could produce more harm than benefits. In response to the […] дальше »
2022-5-31 16:17 | |
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Регулятор Сингапура изучает возможности использования DeFi и NFT
Денежно-кредитное управление Сингапура (MAS) совместно с банками DBS Bank и JPMorgan, а также криптовалютной платформой Marketnode запустило Project Guardian для изучения потенциала криптотехнологий. дальше »
2022-6-1 15:10 | |
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Fireblocks Hires Former Bank of England Fintech Chief to Lead CBDC Efforts
Cryptocurrency custody firm Fireblocks hired Varun Paul, the former head of fintech at the Bank of England, as its first director of central bank digital currency (CBDC) and market infrastructure. дальше »
2022-6-1 14:55 | |
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Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services
Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes.
дальше »2022-6-1 12:52 | |
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Bank Of England Governor Bullish On Blockchain Technology, Not Crypto
Central banks have released more and more statements on crypto following the Terra ecosystem debacle. For example, recent statements from the Bank of England (BoE) Governor Andrew Bailey reveal that the official thinks very little of cryptocurrencies. дальше »
2022-5-31 02:30 | |
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Binance Crypto Services In Bahrain Expanded Under New License
On Thursday, Binance announced that it had received a Category 4 License as a crypto assets service provider (CASP) from the Central bank of Bahrain. дальше »
2022-5-31 02:10 | |
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World Bank Disapproves Of Central African Republic’s Bitcoin Legal Tender Trajectory
The World Bank has expressed concerns over a plan by the Central African Republic to set up a crypto hub, weeks after the nation became the second country in the world to make Bitcoin legal tender. дальше »
2022-5-31 01:27 | |
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10% Of Households In The EU Own Crypto, Reveals New ECB Survey
The European Central Bank has become very outspoken on cryptocurrencies in recent times. Notably, a survey by the leading financial authority revealed that 10% of households in the Eurozone hold crypto assets. дальше »
2022-5-31 22:36 | |
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Paraguay paves the way for crypto regulation despite internal opposition
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project. дальше »
2022-5-31 21:00 | |
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Bank of America is not offering crypto services anytime soon, says CEO
Bank of America doesn’t have plans to dive into offering crypto to its customers,… The post Bank of America is not offering crypto services anytime soon, says CEO appeared first on CoinJournal. дальше »
2022-5-31 20:15 | |
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Bank of America Has No Plans to Offer Crypto Services Says CEO
Bank of America customers hoping for a crypto offering from the bank will be disappointed after its CEO nixed the idea. The post Bank of America Has No Plans to Offer Crypto Services Says CEO appeared first on BeInCrypto. дальше »
2022-5-30 16:30 | |
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