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Nigerian Currency Overvalued by 10% Says Central Bank Governor
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira again. дальше »
2021-7-1 14:30 | |
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This Central Bank Governor’s Tenure is a Tale of Everything Wrong With Socialism
A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system. дальше »
2019-3-11 15:00 | |
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Crypto Firms Flock to Estonia: Is the Country’s E-Residency Program a Giant Loophole for Money-Laundering?
Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently. дальше »
2019-2-2 15:30 | |
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French Economist, Former Central Bank Governor Links Up with SETL Blockchain Startup
The former governor of the Banque de France (Central Bank of France), Christian Noyer, has surprised some of his most traditional colleagues by becoming a member of the board of directors of a company called SETL< which is a blockchain startup. дальше »
2019-1-19 01:50 | |
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ECB Policymaker Ardo Hansson Says Cryptocurrencies Will Likely Die As a ‘Complete Load of Nonsense’
Governor of the Estonian Central Bank and European Central Bank policymaker Ardo Hansson told the audience of a conference in Latvia that cryptocurrencies will likely die as a “complete load of nonsense. дальше »
2019-1-9 17:59 | |
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Cryptocurrency To Crumble As “Load of Nonsense” – Ardo Hanson
European central bank policymaker, Ardo Hanson opined that digital currencies would probably end up a load of nonsense. The Estonian central-bank governor told a conference in the Latvian capital of Riga. дальше »
2019-1-9 10:00 | |
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U.S. Federal Reserve Doesn’t Like the Idea of a Government Cryptocurrency
The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U. дальше »
2018-12-30 14:20 | |
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Tighten that Belt!!
Over the last four years, the European Central Bank has managed to inject €2. 6 trillion into the banking system in order to maintain economic stability. To be clear, these cash injections have been one of the only things propping up the economy, and even the Governor of the ECB has now admitted that. дальше »
2018-12-15 03:00 | |
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‘You Will Be Kicked Out’ – China Officially Bans Security Token Offerings (STO)
The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies. дальше »
2018-12-10 15:00 | |
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Governor of China’s central bank defines STOs as illegal financial activity in the country
The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings) were […] дальше »
2018-12-10 09:29 | |
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Deputy governor of China’s central bank defines STOs as illegal financial activity in the country
The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings) were […] дальше »
2018-12-10 09:29 | |
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People’s Bank Of China (PBoC) Says Security Tokens (STO) Are An “Illegal Financial Activity In China”
China’s Central Bank, the People’s Bank of China, reported to the South China Morning Post its decision concerning security token offerings, noting that they are illegal in the country. The bank’s deputy governor Pan Gongsheng appeared at a summit in Beijing and there, he discussed the “illegal” financing activities that have been effectuate with STOs […] дальше »
2018-12-10 06:11 | |
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Ex-Chinese Banking Pundit Says Many People Use BTC For Anonymous Transactions
The Chinese government’s involvement in crypto has not been friendly. The authorities there have taken various measures to end crypto. In a recent interview, the former governor of the Chinese central bank spoke about BTC and its influence on bilateral dynamics between US- and China. дальше »
2018-12-8 08:17 | |
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No Plans to Switch to Digital Currency Within Next 3-5 Years: Central Bank of Thailand
The BoT governor claims that the process of creating a central bank digital currency is too lengthy and complicated to allow the country to move from cash to digital currency within the coming 3-5 years. дальше »
2018-11-20 23:07 | |
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Without a Digital Currency, Sweden Faces the Privatization of Money
Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils. дальше »
2018-11-12 04:00 | |
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Bank of Israel Publishes a Report On Central Bank Digital Currencies
The Governor of the Bank of Israel, in November 2017, appointed a team of research analysts to explore the possibility of introducing Central Bank Digital Currencies (CBDC). According to the report, published on November 6, 2018, the team raised many concerns and did not recommend the Bank of Israel to progress forward with a digital currency in the near future. дальше »
2018-11-8 18:00 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Government Supported Central Bank-Issued Digital Currencies: Now or Never?
There has been series of condemnations on central bank-supported digital currencies (CBDC). Recent among this is that of the Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya on October 20 reiterating his pessimistic views towards CBDC under the claim that digital assets do not have anything good to add to the existing monetary systems. Looking […] дальше »
2018-10-26 01:25 | |
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Assistant Governor of Reserve Bank of Australia Sees No Use For Digital Currencies
Michelle Bullock, the assistant governor of the Reserve Bank of Australia, has recently affirmed at the Swift International Banking Operations Seminar that the country will hardly need a central reserve bank for the digital currency, as the current systems already work well enough. дальше »
2018-10-25 02:41 | |
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Bank of Japan Admits Its Role Would Be ‘Sharply Reduced’ by Cryptocurrency
A top-level executive from the Bank of Japan (BOJ) revealed that the country’s central bank doesn’t plan to issue a digital currency. The BOJ justifies this decision by identifying major obstacles which prevent their further widespread adoption. дальше »
2018-10-24 21:00 | |
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Bank of Japan’s Deputy Governor Doubtful Over the Effectiveness of Cryptocurrencies
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. дальше »
2018-10-22 19:00 | |
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Ex-Liberia Central Bank Chief Under Probe for Missing $104M, State Seeks FBI Help
More than a dozen government officials, including former central bank governor and his deputy, have come under investigation in Liberia after $104 million of newly printed banknotes vanished from the state purse. дальше »
2018-9-21 00:25 | |
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Thailand’s central bank will issue its own digital currency — but there’s a catch
Details have emerged of a new digital currency to be issued by the central bank of Thailand – it’s built on an open-source blockchain eerily reminiscent of Ripple, the popular banking ledger developed by Ripple Labs. дальше »
2018-8-22 17:00 | |
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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
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Central Bank of Thailand May Use Blockchain for Services Improvement
The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing. The Bank of Thailand is now considering using the modern and revolutionary blockchain technology to improve and streamline several administrative and payment services. дальше »
2018-7-16 21:12 | |
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Bank of Thailand Considers Blockchain for Cross-Border Installments, Extortion Reduction
The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12. The central bank’s governor Dr. дальше »
2018-7-14 16:08 | |
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Bank of Thailand Considers Blockchain for Cross-Border Payments, Fraud Reduction
The Bank of Thailand’s governor revealed that the central bank is reviewing blockchain tech for cross-border payments, among other applications
дальше »2018-7-14 13:23 | |
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Central Bank Of The Philippines Approves Two New Crypto Exchanges
On July 6th, the Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved applications filed by two new cryptocurrency exchanges. Chuchi G. Fonacier, the deputy governor of the Bangko Sentral ng Pilipinas (BSP), reportedly said that the bank has approved the applications of ETranss and Virtual Currency Philippines, Inc., accrediting them as new platforms. […] дальше »
2018-7-7 20:17 | |
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Unaware Where Bitcoins Are Mined, RBZ Governor Embraces Blockchain
The governor of the Reserve Bank of Zimbabwe has made several statements about cryptocurrencies that attest to insufficient knowledge of the matter. The central bank, which recently banned financial institutions from working with crypto companies, now wants to study and embrace the blockchain technology that “encompasses all the cryptocurrencies. дальше »
2018-7-5 18:20 | |
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The Central Banks Of Australia And New Zealand Against Cryptocurrencies
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. дальше »
2018-6-26 17:00 | |
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2 apac Countries Have Ruled Out Central Bank Advanced Currencies
Australia and New Zealand have both just ruled out the option of pursuing a central bank digital currency (CBDCs) – at least for now. Subsequently, he reiterated the RBA’s stance on issuing a central bank digital currency – or an “eAUD” as the bank’s governor Philip Lowe called it in a previous speech – that a дальше »
2018-6-26 16:48 | |
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National Bank Of Romania Believes Crypto Can’t Fulfil The Basic Functions Of Money
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. дальше »
2018-6-15 12:30 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]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. дальше »
2018-6-13 23:40 | |
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