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Bitcoin dumps 9% even as Central American leaders endorse the asset
Bitcoin dropped 9% on Tuesday morning even as Central American leaders switched to ‘laser eyes’ this week, data from multiple sources shows. The post Bitcoin dumps 9% even as Central American leaders endorse the asset appeared first on CryptoSlate. дальше »
2021-6-8 11:26 | |
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Justin Sun Reveals Tron Will Become First Crypto Organization To Hit El Salvador
After the President of El Salvador, Nayib Bukele announced that the Central American country would be entering the Bitcoin market, the Bitcoin market has reacted bullishly to the news and key players are hinting at relocating. дальше »
2021-6-8 00:10 | |
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While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation. дальше »
2021-6-8 21:30 | |
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China Looks To Leverage Blockchain In Economy And Governance
China is looking to leverage the potential of blockchain technology, according to a government release. Even as it uses the nascent technology to foster its central bank digital currencies (CBDC) program, China aims to apply blockchain in every area of its booming economy. дальше »
2021-6-7 20:56 | |
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Bank of England Explores Digital Money, CBDC in New Discussion Paper
The Bank of England released a new discussion paper exploring digital currencies and central bank digital currencies (CBDC). The post Bank of England Explores Digital Money, CBDC in New Discussion Paper appeared first on BeInCrypto. дальше »
2021-6-8 15:00 | |
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Hainan Province Warns Investors Against Illegal Crypto Fundraising Schemes
Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province. Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More дальше »
2021-6-6 19:00 | |
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Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’
Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. дальше »
2021-6-5 09:30 | |
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MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses
While calling Bitcoin a “speculative asset,” which is very complex, the top central bank official Sopnendu Mohanty said, if people want to go out and buy such risky assets, “it is their choice.” The post MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses first appeared on BitcoinExchangeGuide. дальше »
2021-6-4 20:34 | |
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Hold your horses! India's central bank is still not a fan of crypto
After issuing a circular on Monday about cryptocurrencies, the Reserve Bank of India [RBI] has now clarified that it still retains concerns about the asset class, concerns which it has conveyed to theThe post Hold your horses! India's central bank is still not a fan of crypto appeared first on AMBCrypto. дальше »
2021-6-4 19:00 | |
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Ghana’s Central Bank Is Set to Launch Its CBDC
The CBDC race is on, and central banks all across the globe are either eyeing the launch of a state-backed cryptocurrency or studying the feasibility of its use. The most recent development in this regard comes from Ghana, as the governor of Ghana’s central bank, Ernest Addison, recently announced that his institution is now “inRead More дальше »
2021-6-4 19:00 | |
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‘There’s No Change In RBI’s Position’: Indian Central Bank Still Has Grave Concerns Over Cryptocurrencies
RBI’s notorious circular back in 2018 prohibiting banks from offering services to crypto firms may have been revoked in March 2020, but the central bank is showing no signs of changing its tune on crypto-assets. дальше »
2021-6-5 18:56 | |
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RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users
Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today. дальше »
2021-6-5 17:55 | |
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India’s Central Bank RBI Still Has ‘Major Concerns’ About Crypto After Saying Ban No Longer Valid
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has clarified the central bank’s position regarding cryptocurrency. His statements followed a notice published by the RBI telling banks that its crypto banking restriction is no longer valid and cannot be cited. дальше »
2021-6-5 17:00 | |
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Ghana gearing for central bank digital currency pilot
Ghana is striving to become the first African nation to float a central bank digital currency.
дальше »2021-6-5 15:57 | |
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ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. дальше »
2021-6-4 02:00 | |
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Russia’s top bank considers cryptocurrency but mulls regulatory challenges
Tinkoff, the largest digital bank in Russia is considering offering cryptocurrency services. However, it says the only thing standing in its way is the stringent central bank policies on digital assets. дальше »
2021-6-4 21:10 | |
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China Begins $6 Million Digital Yuan Airdrop Trial
China has been developing its central bank digital currency (CBDC), the Digital Yuan, for over seven years. The project has come to a critical test phase and it’s ready to be used by the citizens. дальше »
2021-6-3 18:10 | |
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QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases
On Wednesday, the U. S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly. дальше »
2021-6-3 16:30 | |
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Chinese state-run TV network draws attention to DeFi scams on Uniswap
CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap. дальше »
2021-6-3 07:00 | |
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Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6. дальше »
2021-6-3 06:30 | |
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Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online. The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto. дальше »
2021-6-3 23:17 | |
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Bank of Thailand ties with Giesecke+Devrient to create CBDC prototype
The Bank of Thailand (BoT) has joined hands with German technology firm Giesecke+Devrient (G+D) for the creation of a central bank-issued digital currency (CBDC). A report unveiled this news earlier today noting, that the central bank had procured G+D’s services after issuing the company a letter of invitation. дальше »
2021-6-3 22:22 | |
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Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems
Russia’s Central Bank Chief Elvira Nabiullina said her country's decision to create a central bank digital currencies (CBDC) is due to its perceived benefits. Digital Ruble Prototype Would Be Launched This Year Speaking in a CNBC interview, the apex bank governor said Russia aims to roll out its Digital Ruble prototype by the end of […] The post Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems first appeared on BitcoinExchangeGuide. дальше »
2021-6-3 20:36 | |
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Riksbank governor says Bitcoin won’t go unregulated
Stefan Ingves, the governor of Sveriges Riksbank, Sweden’s central bank, does not think Bitcoin (BTC) and other cryptocurrencies will be successful in dodging regulation. He shared his thoughts on June 1, signaling that Sweden might soon crackdown on the widely unregulated crypto market. дальше »
2021-6-2 15:48 | |
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China Handing Out $6.2 Million of Digital Yuan in Beijing
Continuing on with its central bank digital currency trials, China is handing out $6.2 million worth of its digital yuan to Beijing residents. The post China Handing Out $6.2 Million of Digital Yuan in Beijing appeared first on BeInCrypto. дальше »
2021-6-2 12:04 | |
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Bitcoin Will Face Tougher Regulation as Popularity Grows, Says Sweden’s Central Banker
The Swedish central bank’s governor says bitcoin will face tougher regulation given its sheer popularity that continues to grow. “When something gets big enough, things like consumer interests and money laundering come into play,” said Stefan Ingves, Governor of the Riksbank. дальше »
2021-6-2 03:00 | |
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Riksbank Governor Believes Crypto Regulation is Certain, But Exchanges & Trading Is Already Regulated
Cryptocurrencies like Bitcoin won't evade regulation, according to Sveriges Riksbank (Sweden's apex bank) boss Stefan Ingves. Crypto Regulation Coming Soon Sweden’s central bank governor Stefan Ingves said that Bitcoin’s popularity had caught the attention of regulators worldwide, Bloomberg reports. дальше »
2021-6-2 22:32 | |
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Cryptocurrencies’ Rising Popularity Is “of Great Concern,” Says Irish Central Banker
Derville Rowland is all set to take over as chairwoman of the European Securities and Markets Authority’s investment management standing committee in July, which helps prepare regulations for the funds' industry. дальше »
2021-6-1 18:40 | |
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Reserve Bank of India Directs Banks & Regulated Entities to Stop Deplatforming Crypto Customers
However, the central bank wants the banks and financial institutions to continue customer due diligence for transactions in Virtual Currency. The post Reserve Bank of India Directs Banks & Regulated Entities to Stop Deplatforming Crypto Customers first appeared on BitcoinExchangeGuide. дальше »
2021-6-1 16:51 | |
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Crypto unlikely to escape regulation, says world’s oldest central bank Riksbank
Regulatory oversight would soon creep into the burgeoning crypto sector even as they currently continue to largely operate in a legal gray area, said the governor of Riksbank, Sweden’s central bank, on Monday. дальше »
2021-6-2 11:43 | |
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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’
U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »
2021-6-1 05:00 | |
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Ireland: Central Bank Official Warns Against Popularity of Cryptocurrencies
According to Derville Rowland, a leading official at Ireland’s central bank, the increasing popularity of cryptocurrencies like Bitcoin is of grave concern. The central bank’s CFO stated that crypto assets are speculative unregulated investments, and individuals have to be really aware that they can lose the entire investment. дальше »
2021-6-1 23:00 | |
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Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’
Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern. ” The bank’s official also addressed crypto investors saying “crypto-assets are quite a speculative, unregulated investment,” warning them to be “really aware they could lose the whole of that investment. дальше »
2021-6-1 22:00 | |
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Relief For Crypto Community As India’s Central Bank Sets The Record Straight On Cryptocurrency Ban
In April 2018, the Reserve Bank of India (RBI) asked local banks to stop providing services to cryptocurrency exchanges and related businesses, subsequently halting fiat-to-crypto trading in the country. дальше »
2021-6-1 21:59 | |
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Former PBOC Official Says Digital Yuan Not Developed to Monitor Transactions
A former official of the People’s Bank of China (PBOC) argued that contrary to opinions about China’s central bank digital currency (CBDC), the digital yuan was not developed for monitoring purposes. дальше »
2021-6-1 21:00 | |
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India: RBI Instructs Banks to Provide Uninterrupted Crypto Trading Services to Customers
India’s central bank clears ambiguity over crypto regulations in the country. Banks Can’t Advise Against Trading in Crypto In a tweet posted today, the Reserve Bank of India (RBI) cleared clouds of confusion regarding the regulatory nature of cryptocurrencies in India. дальше »
2021-6-1 21:00 | |
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India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It
Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one year ago. дальше »
2021-6-1 18:30 | |
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Reserve Bank of India slams banks after they stop services for crypto users
The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate. дальше »
2021-6-1 18:08 | |
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Indian central bank clarifies regulations as local banks shun crypto
Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. дальше »
2021-6-1 17:54 | |
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