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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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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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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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After Armstrong Tweet, India's Crypto Policy Body Says No Contempt of Court Challenge vs. RBI
Coinbase co-founder and CEO Brian Armstrong had raised the question of contempt of court challenge against India's Central Bank, the Reserve Bank of India but the policy body representing the Crypto industry has said they will not be filing a contempt of court challenge. дальше »
2022-5-26 04:30 | |
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Russia will inevitably legalize crypto payments says trade minister
“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov. дальше »
2022-5-19 04:39 | |
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Argentina: Central Bank Announces About-Turn on Digital Assets
Argentina's central bank has said that regulated financial entities should not facilitate operations in unregulated digital assets. The post Argentina: Central Bank Announces About-Turn on Digital Assets appeared first on BeInCrypto. дальше »
2022-5-7 17:30 | |
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FTX executive Wetjen calls CFTC application an opportunity for the agency to innovate
Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. дальше »
2022-4-29 23:45 | |
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Ukraine’s central bank bans crypto purchases using local currency
The National Bank of Ukraine said the move is intended to prevent an unproductive… The post Ukraine’s central bank bans crypto purchases using local currency appeared first on Coin Journal. дальше »
2022-4-22 18:10 | |
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Circle plans to apply for US Bank Charter soon, lauds the OCC for cooperation
Circle Internet Financial Limited has said it is looking to apply for a United States bank charter soon, according to a Bloomberg News report. The post Circle plans to apply for US Bank Charter soon, lauds the OCC for cooperation appeared first on CryptoSlate. дальше »
2022-4-15 05:15 | |
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Galaxy Digital Trading co-head plays down the threat of CBDCs on liberty
Jason Urban believes Central Bank Digital Currencies (CBDCs) will have a positive net effect on the entire cryptocurrency ecosystem, the Galaxy Digital Trading co-head said in a recent interview with Kitco. дальше »
2022-4-12 14:20 | |
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Top US Bank Watchdog Warns of Stablecoins' 'Lack of Interoperability'
Acting Comptroller of the Currency Michael Hsu said he's concerned about the variability and lack of interoperability across stablecoins as his agency and other U.S. regulators try to come to terms with oversight. дальше »
2022-4-8 18:29 | |
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A digital dollar could ‘require years of development’ before rollout, Yellen says
US Treasury Secretary Janet Yellen has said that developing a central bank digital currency – the digital dollar- could be years in the making, should the US pursue that end. Yellen made the observation on Thursday during a presentation at the American University’s Kogod School of Business Center for Innovation in Washington. дальше »
2022-4-8 23:29 | |
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Swedish central bank says it will be possible to integrate e-krona into banking systems
Sveriges Riksbank, Sweden’s central bank, said its second phase of testing CBDCs has proven that it would be possible to integrate a state-backed digital currency into the current banking system. The post Swedish central bank says it will be possible to integrate e-krona into banking systems appeared first on CryptoSlate. дальше »
2022-4-7 15:30 | |
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Crypto exchange founder asks EU to investigate if Binance is ‘helping’ Russia
European Central Bank president Christine Lagarde also said this week that Russians were using… The post Crypto exchange founder asks EU to investigate if Binance is ‘helping’ Russia appeared first on Coin Journal. дальше »
2022-3-24 20:30 | |
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Bitcoin Hits Milestone, Goldman Sachs Announces First BTC Cash Settled Transaction
Per a report from CNBC, banking giant Goldman Sachs has become the first U. S. bank to complete a cash-settled Bitcoin over-the-counter (OTC) transaction. The financial institution will officially announce this achievement in the short term, said the source cited by the mainstream media. дальше »
2022-3-21 21:00 | |
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Central Bank Of Russia Gives Sberbank Authority To Issue Digital Assets
On Thursday, the Central Bank of Russia said that it had granted Sberbank a license to issue and exchange digital assets. The move comes just two months after the central bank urged for a complete ban on cryptocurrency trading, mining, and use. дальше »
2022-3-18 08:55 | |
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