2021-5-28 15:50 |
The BOJ governor says Bitcoin is a speculative play, while issuing warnings over price volatility.
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Early Bitcoin investor Chamath Palihapitiya is eying running for governor of California.
2021-1-27 05:28 | |
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Andrew Bailey, the next governor of the Bank of England, warns investors about the pitfalls of Bitcoin (BTC)
2020-3-4 22:13 | |
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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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The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]
2019-12-18 21:12 | |
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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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Kelly Loeffler, the chief executive of institutional Bitcoin futures platform Bakkt, is expected to be picked by Georgia Governor Brian Kemp for a seat in the United States Senate this week, the Wall Street Journal reports.
2019-12-4 07:54 | |
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Kelly Loeffler is the CEO of Bakkt, the institutional Bitcoin futures platform launched by the Intercontinental Exchange. As Georgia Governor Brian Kemp aims to appeal to Republican women, reports indicate that he is expected to appoint Loeffler to a seat in the Senate next week.
2019-12-2 01:07 | |
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Poland has bought 100 tons of gold from the Bank of England, making it the 22nd biggest bullion holder in the world. Would it benefit from putting this money into Bitcoin instead? According to BNN Bloomberg, the Central Bank Governor Adam Glapinski told reporters that the gold reserves represent “the strength of the country.
2019-11-29 17:06 | |
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Back in April 2018, India’s central bank instigated a massive crackdown on purchasing and trading cryptocurrency like Bitcoin. Bibhu Kanungo, who is the Deputy Governor for Reserve Bank of India, declared that all the firms regulated by the RBI should “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the existing […]
2019-11-29 21:02 | |
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In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November 26, 2019.
2019-11-26 16:00 | |
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Japan may be the latest country whose central bank is looking to launch a sovereign digital currency. However, authorities in the country say there is no rush towards creating a digital Yen even as the CBDC wars appears to be gaining momentum.
2019-11-20 10:00 | |
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The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year.
2019-11-14 23:13 | |
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Lebanon Public Prosecutor Ghassan Oueidat released an order that has imposed a ban on traders and money exchangers from taking significant amounts of dollar currency out of the country. This is until a new mechanism is determined for regulating such transfers.
2019-10-28 16:17 | |
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India’s finance minister and reserve bank governor both cautioned India against embracing cryptocurrency this week. Their reasoning? It’s what authorities in other countries are telling them.
2019-10-22 00:00 | |
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At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference.
2019-10-21 13:15 | |
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Bank of England Governor Mark Carney has thrown his weight behind Facebook’s global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019.
2019-10-17 01:00 | |
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In a recent rate review meeting of the Bank of Japan (BoJ), bank governor Haruhiko Kuroda and others on the nine-member board urged leaving all options on the table, where further cuts to the country’s negative interest rate are concerned.
2019-10-1 10:19 | |
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Ex Federal Reserve senior official, Simon Potter, has rebutted against Mark Carney’s recent suggestion to introduce a digital currency to be used as the global reserve currency for international settlement.
2019-9-26 19:00 | |
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Three weeks back, the Bank of England Governor Mark Carney made an alarming comment on the global reserve currency, the US dollar. The economist said that the world’s reliance on the greenback “won’t hold” and a new global monetary and financial system backed by many more global currencies would replace it.
2019-9-13 16:00 | |
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When the governor of the Bank of England said a no deal Brexit would lead to house prices crashing 30% and general unrest, most laughed it off as nonsense. The... The post Is Boris Johnson Fulfilling the 4Chan Bitcoin Prophecy? appeared first on Trustnodes.
2019-8-28 18:14 | |
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Earlier this week, Mark Carney, the governor of the Bank of England, brought up the idea of a central bank operated digital currency akin to Libra to bring an end to the dominance of the U. S. dollar as the global standard for trade and international hedges.
2019-8-27 17:00 | |
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Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U. S. dollar as the world reserve currency.
2019-8-24 15:37 | |
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The Central Bank of Kenya (CBK) has given its take on Facebook’s Libra cryptocurrency project. The apex bank has said that Libra comes with phenomenal risks that need to be properly understood, reports local news source, Telecompaper on July 22, 2019.
2019-7-23 05:00 | |
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Bank of Thailand (BOT) Governor, Veerathai Santiprabhob, has given his take on Facebook’s Project Libra, making it clear that the merits and risks of the digital asset still need to be studied extensively, reports local news source, Bangkok Post on July 19, 2019.
2019-7-20 11:00 | |
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According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy.
2019-7-13 00:10 | |
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With Bitcoin getting mainstream recognition, there has been a lot of institutional onboarding into digital assets. Giants like Facebook, J. P. Morgan, Amazon, Alibaba, Microsoft, and others from all industrial sectors have started to look towards these assets as something that could potentially help solve problems in existing systems, ranging from payments, transfer of value etc.
2019-7-10 17:30 | |
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The crypto community in Iran is still riding a roller coaster as the country seeks to bring its economy forward. Even though the country has expressed its interest in digital assets, enthusiasts cannot be very optimistic yet.
2019-7-10 02:15 | |
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The deputy governor of the Iranian central bank told media outlets that trading bitcoin and other cryptocurrencies within the country is illegal. Iranian residents took to the pioneer cryptocurrency as a means of securing their wealth as the Iranian Rial depreciated over the past three years, as reported by Tasnim News Agency on July 8, 2019.
2019-7-9 01:00 | |
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Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1.
2019-7-8 12:27 | |
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Holding, selling, and purchasing of bitcoin are illegal in Iran, an official with the central bank told Tasnim News. Deputy governor for new technologies, Mr. Nasser Hakimi, said on Monday that the Supreme Council on Countering Money Laundering had banned bitcoin trading.
2019-7-8 12:03 | |
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Despite favorable regulation, Bank of Japan Deputy Governor Masayoshi Amamiya stated that digital currencies operators must comply with regulations on money laundering and risk management. The announcement was made in reference to the launch of Libra, the new global cryptocurrency from Facebook.
2019-7-6 19:00 | |
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By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra.
2019-6-19 03:30 | |
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Nevada has passed several distributed ledger technology (DLT) related bills to boost blockchain investment in the state. This according to a report by Coindesk, published June 14, 2019. Establishing a Fintech-Focused Regulatory Sandbox In a bid to create a conducive environment for blockchain businesses, the state of Nevada has passed many significant bills that areRead MoreRead More.
2019-6-17 05:00 | |
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When the world’s first Bitcoin ATM was installed and established in Vancouver back in November 2013, it was considered a landmark for the cryptocurrency revolution. Alas, with the growing popularity of Bitcoin and cryptos, some like Vancouver’s present Governor, Kennedy Stewart, have taken a step backwards, with Kennedy firmly against the idea of such machines […] The post Crypto-ATM installations across the world near 5000 on the back of 2019’s market surge appeared first on AMBCrypto.
2019-6-12 20:30 | |
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By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr.
2019-5-30 11:40 | |
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A bill looking to study the integration of blockchain technology into the recordkeeping and service delivery processes of the state, county, and municipal governments of New Jersey has been approved unanimously.
2019-5-25 01:00 | |
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Bitcoin is surely controversial, there is no discussion about that. While some people call it digital gold, others call it a scam. While we can attest its value, this is far from being a popular opinion among people who do not know BTC very well.
2019-5-1 03:55 | |
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By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.
2019-5-1 03:00 | |
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By CCN. com: A war-torn country left to dust and drabbles is attempting to rise back with dignity. And it plans to use bitcoin as its stick. Afghanistan asserted at a recent Spring Meetings summit that it was looking to issue sovereign bonds to raise $5.
2019-4-21 13:25 | |
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Afghanistan and Tunisia are planning to issue sovereign bonds in bitcoin to fund infrastructural developments, reported Asia Times from IMF’s Springs Meetings summit. Khalil Sediq, the governor of the Central Bank of Afghanistan, confirmed that they were looking to utilize cryptocurrency and blockchain technology to raise around $5.
2019-4-17 19:04 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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Colorado Governor and avowed bitcoin fan Jared Polis signed the Digital Token Act on March 8, exempting cryptocurrencies from state securities laws under certain conditions. The new legislation also exempts crypto broker-dealers and salespeople from state licensing requirements under limited circumstances.
2019-3-9 23:24 | |
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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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Cryptocurrency advocates are celebrating Friday after the US state of Wyoming passed a bill giving direct property rights to cryptocurrency holders. Wyoming Senate Passes Crypto Property Bill Bill SF0125 passed its second and third Senate readings February 13 and 14 respectively, and will now go before governor Mark Gordon for endorsement, becoming law as early as next week.
2019-2-15 12:00 | |
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Economists Bash Bitcoin In The Swiss Alps Bashing Bitcoin (BTC) has apparently become a popular trend at Davos’ recent World Economic Forum event. More specifically, the cryptocurrency has become a punching bag.
2019-1-24 03:41 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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Davos may be an event centered around the realm of traditional finance, but crypto & blockchain technologies have been mentioned. In a recent interview with Bloomberg TV, Huw Van Steenis, senior advisor to Bank of England’s governor, Mark Carney, bashed this nascent asset class.
2019-1-23 05:00 | |
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In an interview at the World Economic Forum in Davos earlier, the senior adviser to the governor of the Bank of England weighed in about the threat posed to the current financial status quo by Bitcoin and other cryptocurrencies.
2019-1-23 00:00 | |
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Huw van Steenis, the senior advisor to Bank of England (BOE) Governor Mark Carney believes that cryptocurrencies “fail fundamental tests” to compete with the traditional financial market institutions, reports Bloomberg on January 21, 2019.
2019-1-23 22:00 | |
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The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats.
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option.