2021-8-17 16:10 |
Afghanistan’s currency, called the Afghani (AFN) has dropped by some 10% today from 80.5 to 85.87 per dollar as pictured above. The plunge follows the departure of Acting Governor Ajmal...
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While countries in the rest of the world progress on their central bank digital currency (CBDC) programs, the United States continues to drag its feet. The post Federal Reserve Governor ‘Highly Skeptical’ of Digital Dollar appeared first on BeInCrypto.
2021-8-6 10:47 | |
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The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws.
2021-7-25 21:00 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-25 21:27 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-24 21:27 | |
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The Reserve Bank of India (RBI) is working on a phased implementation strategy for its central bank digital currency (CBDC) program. India Considers Running CBDC Pilot Programs The Deputy Governor of RBI, T.
2021-7-23 16:44 | |
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The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.
2021-7-23 14:30 | |
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China plans to carry out the trial of its Digital Currency Electronic Payment [DCEP] or digital Yuan in 2022 during the Winter Olympics. In fact, according to People's Bank of China [PBoC] Governor FaThe post China hits back at senators 'making troubles' about digital Yuan appeared first on AMBCrypto.
2021-7-22 00:30 | |
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The Bank of Ghana (BoG) will launch its central bank digital currency project’s pilot in September, according to the Bank’s First deputy governor, Maxwell Opuku-Afari. Modern Ghana, a local news outlet, reported that the deputy governor said the project is currently in its last phase of development, and implementation is expected to start in two […]
2021-7-13 18:02 | |
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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.
2021-7-1 14:30 | |
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Israel is currently testing its digital currency according to the deputy Governor of the… The post Israel’s Central Bank is Reportedly Testing Digital Shekel CBDC appeared first on Coin Journal.
2021-6-22 18:36 | |
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According to Reuters, the Central Bank of Nigeria (CBN) plans to launch a digital currency pilot as soon as the end of this year. Last month, the CBN Governor, Godwin Emefiele, made a U-turn on Bitcoin and other cryptocurrencies by saying he will “allow” them.
2021-6-22 03:00 | |
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Andrew Abir, the Deputy Governor of the Bank of Israel, has started to issue Digital shekels as the first step of an internal pilot program. The post Israel is Already Testing its Central Bank Digital Currency appeared first on BeInCrypto.
2021-6-22 22:46 | |
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Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital.
2021-5-30 21:43 | |
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While Lars Rohde doesn’t see Bitcoin as more than a speculative fad, neighboring Sweden’s Riksbank First Deputy Governor, though “observant,” is not concerned about cryptos. The post Tech Giants ‘Invading the Currency Area’ Are The Real Threat, Not Crypto: Denmark’s Central Bank Governor first appeared on BitcoinExchangeGuide.
2021-5-28 15:57 | |
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Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or the transaction means.
2021-5-28 03:35 | |
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Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry.
2021-5-26 12:00 | |
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The Federal Reserve Governor has urged the United States to be at the forefront of developing CBDC to maintain the U.S. dollar’s role as a global reserve currency.
2021-5-26 09:10 | |
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Lael Brainard has begun to press harder for a digital dollar after chairman Jerome Powell stated the Fed was in no rush to roll out a CBDC. The post Federal Reserve Governor Pushes for Central Bank Digital Currency appeared first on BeInCrypto.
2021-5-24 19:41 | |
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The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention.
2021-5-14 14:15 | |
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The Bahamas is beginning a push for national digital currency adoption this summer, the central bank's governor, John Rolle, said.
2021-5-6 16:18 | |
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Leading the race of central bank digital currency (CBDC), China's central bank has already tested the digital yuan in several cities, including Shenzhen, Chengdu, Suzhou, and Xiong'an. Still, there is no specific timeline for the CBDC’s official rollout, said central bank vice governor Li Bo in an annual gathering on Sunday of top Chinese and […] The post China Is Expanding Its Digital Yuan Trials to Include More Cities first appeared on BitcoinExchangeGuide.
2021-4-20 16:28 | |
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China will be looking to make use of their own digital currency domestically rather than globally according to former governor of the central bank, Zhou Xiaochuan. The post China to Focus on Domestic Use for Digital Currency, Says Former Central Bank Governor appeared first on BeInCrypto.
2021-4-19 18:09 | |
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China will be looking to make use of their own digital currency domestically rather than globally according to former governor of the central bank, Zhou Xiaochuan. The post China to Focus on Domestic Use For Digital Currency Says Former Central Bank Governor appeared first on BeInCrypto.
2021-4-19 18:09 | |
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The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector.
2021-3-18 19:31 | |
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Haruhiko Kuroda, the Governor of the Bank of Japan (BOJ) has hinted that the country’s plans to conduct a central bank digital currency (CBDC) is still very much on course and experiments will begin this spring, according to a Reuters report on March 16, 2021.
2021-3-18 00:00 | |
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In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021.
2021-3-17 15:37 | |
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Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project.
2021-2-23 11:47 | |
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Deputy Governor Tim Lane calls the ongoing price action in the crypto market a “speculative mania,” while ECP President says adding Bitcoin to its reserves is “out of the question." The post Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official first appeared on BitcoinExchangeGuide.
2021-2-11 16:36 | |
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The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies as originally formulated are it.
2021-1-27 03:15 | |
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Meanwhile, BoE Governor Andrew Bailey said crypto qua crypto fails as currency qua currency, though dissidents like Alexey Navalny might disagree.
2021-1-27 20:22 | |
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Bank of England Governor Andrew Bailey has no love lost for Bitcoin and believes the days of cryptocurrencies are numbered. Speaking on a panel about digital currencies at the Davos-based World Economic Forum on Monday, Bailey said, “Have we landed on what I would call the design, governance, and arrangements for what I might call a […] The post BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’ first appeared on BitcoinExchangeGuide.
2021-1-26 18:25 | |
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BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency.
2021-1-26 21:33 | |
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The Swiss central bank is already working with Corda’s Distributed Ledger Technology (DLT) for its CBDC proof-of-concept in the proposed e-krona digital currency. Cecilia Skingsley, the bank’s deputy governor, confirmed this development while speaking yesterday at the CFC St.
2021-1-22 23:20 | |
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Turkey and Russia continue to inch closer to CBDC ambitions. Turkey Set to Pilot CBDC in 2021 Second Half According to a Coindesk report published on Dec 26, Turkey is poised to begin piloting a previously undisclosed digital currency in the second half of 2021.
2020-12-29 18:00 | |
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Zhou Xiaochuan, a former governor of the People’s Bank of China (PBoC), stated that China’s planned central bank digital currency – Digital Currency Electronic Payment (DCEP) – has no plans to topple existing sovereign currencies.
2020-12-15 13:01 | |
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China’s former head of the central bank said digital yuan could be useful for cross-border trade and support its efforts to promote yuan as an international currency. Zhou Xiaochuan, who stepped down as governor of the PBOC in 2018, spoke at the Shanghai Financial Forum on Friday.
2020-12-15 00:31 | |
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According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide.
2020-11-12 22:35 | |
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Banque Du Liban, the central bank of Lebanon is set to launch a central bank digital currency (CBDC) in 2021. According to a report by a state-run news publication on Tuesday, the central bank’s governor, Riad Salameh, indicated that the digital currency project is part of a move aimed at restoring confidence in the crumbling […]
2020-11-11 14:45 | |
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The Lebanese Central Bank plans to introduce a central bank digital currency by 2021 in a bid to restore confidence in the banking sector and move the economy to a cashless system. Major Development In a public announcement, the governor of the Lebanese central bank, Raid Salameh encouraged banks to plan on how to restructureRead MoreRead More.
2020-11-12 14:00 | |
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Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021.
2020-11-11 19:21 | |
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A top official of Norway’s central bank stated that while the country is investigating a possible central bank digital currency (CBDC), there was no “acute need” for a digital krone. Cash Usage Decline Prompts CBDC research Speaking at Norway’s Payment Conference, Ida Wolden Bache, the deputy governor of the Norges Bank stated that the centralRead MoreRead More.
2020-11-10 00:00 | |
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Speaking at a conference on November 5, Ida Wolden Bache, the deputy governor of Norway’s central bank, detailed the decline of cash in her country while also discussing the potential of Central Bank Digital Currencies (CBDCs).
2020-11-10 17:10 | |
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The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone.
2020-11-9 13:55 | |
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Governor of Bank of Canada, Tiff Macklem revealed today that the central bank was working with its G7 partners towards its own digital currency. The Governor also highlighted a need for a “globally The post Bank of Canada working with G7 on its CBDC appeared first on AMBCrypto.
2020-10-30 23:30 | |
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The governor of the Bank of Canada (BoC) has announced that his country’s digital currency initiative is making progress. In an interview with Reuters published on Wednesday, October 28, chief of the Canadian central bank, Tiff Macklem, said the BoC is working with some G7 member states on its plans for a national digital currency.
2020-10-30 19:00 | |
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The Kenyan central bank is having serious discussions with international players about pursuing a retail central bank digital currency, a top official said Monday. Patrick Njoroge, governor at the Central Bank of Kenya (CBK) told U.
2020-10-27 22:46 | |
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Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank.
2020-10-18 22:54 | |
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Bank of England (BoE) Governor Andrew Bailey cautioned over the use of Bitcoin as a means of payment on Monday. He said he was “very nervous” about people using the leading digital currency for payments because it has uncertain value.
2020-10-14 23:07 | |
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The deputy governor of the People’s Bank of China (PBOC), Chen Yulu, called for speeding up the process of launching China’s digital currency, the e-yuan, and to make CBDC part of an “independenThe post China should accelerate its efforts to launch CBDC, PBoC urges appeared first on AMBCrypto.
2020-10-12 17:30 | |
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Ethereum's funding rate signals a potential rebound for ETH. ETH has declined by 16. 48% over the past 7 days. Since hitting $4109, Ethereum [ETH] has experienced strong downward pressure.
Donald Trump appoints Bo Hines to lead U.S. digital assets innovation efforts. The U.S. aims to address regulatory challenges and regain competitiveness in global crypto markets. Republican The post Bo Hines joins Trump's crypto team - What you need to know appeared first on AMBCrypto.
The United States could significantly reduce its national debt through the establishment of a strategic Bitcoin reserve, according to a recent report from asset management firm VanEck.
Discover the top 6 Altcoins that could skyrocket in the coming months. Learn which cryptocurrencies are poised for explosive growth and why you should consider them for your portfolio.
AAVE defies the market trend with a 13% rally, as open interest soars. Currently, 68.50% of top traders on Binance hold long positions, while 31.50% hold short positions. Amid ongoing marketThe post Why 68% of top traders are bullish on Aave right now appeared first on AMBCrypto.
The price has tested the bottom of its ascending channel, a potential indicator of an upward move. However liquidity movement within SEI’s blockchain and to exchanges, tells a decline couldThe post SEI market watch: Long-to-short ratios indicate bullish sentiment, but... appeared first on AMBCrypto.
Spot Bitcoin ETFs absorbed 4,349.7 BTC, far surpassing miner supply this week. Institutional demand tightens liquidity, amplifying Bitcoin’s price sensitivity and volatility risks. InstituThe post Bitcoin ETFs consume more BTC than miners produce: What this shift means appeared first on AMBCrypto.