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U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
The U.S. Treasury Department's panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector. дальше »
2024-11-1 23:42
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HKMA partners up with Brazilian central bank to test cross-border tokenization
The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. дальше »
2024-10-29 01:39
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China Central Bankers say joint mBridge project requires mutual trust
Deputy Governor of China’s Central Bank says the countries partnering together to build mBridge would need to establish trust and mutual understanding of one another’s regulatory framework. дальше »
2024-10-23 14:53
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Web3 Innovation Gains Momentum in Central Italy as Gate.MT Leads the Charge
While global blockchain hubs like Dubai dominate headlines, a quieter yet significant movement is emerging in an unexpected region—Central Italy. Traditionally not recognized as a major tech hub, the area is quickly becoming a center for Web3 innovation and enthusiasm. дальше »
2024-10-19 20:47
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Brazil seeks smoother cooperation with new central bank leadership on crypto regulations
Brazil’s government is set to enhance its cooperation with the central bank to tackle regulatory issues surrounding cryptocurrency and meal vouchers. This initiative is anticipated to take shape next year with the appointment of Gabriel Galipolo as the new central bank president. дальше »
2024-10-17 17:52
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Brazil Central Bank opens applications for digital currency pilot project
The Central Bank of Brazil is receiving proposal applications from companies that wish to participate in the nation’s central bank digital currency pilot, Drex from Oct. 14 until Nov. 29. Brazil Central Bank announced that it has already approved 13… дальше »
2024-10-14 12:57
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South African Revenue Service Cracks Down On Crypto With New Tax Rules
In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). дальше »
2024-10-14 06:00
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German authorities shutdown 47 crypto exchanges facilitating crime, seize servers, data
German authorities have shut down 47 cryptocurrency exchanges for their role in facilitating criminal activities, according to a joint statement from the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA). дальше »
2024-9-21 21:00
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41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. дальше »
2024-9-17 23:41
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Azerbaijan’s central bank holds back on CBDC over monetary policy concerns
Azerbaijan is taking a cautious approach to the development of a central bank digital currency, citing concerns over monetary policy and financial stability. The Central Bank of Azerbaijan hasn’t made plans to issue a central bank digital currency at this… дальше »
2024-8-2 14:35
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UAE Central Bank introduces new Stablecoin regulations
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. дальше »
2024-7-23 20:41
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China, Kazakhstan central banks forge CBDC research partnership
China and Kazakhstan have entered into a strategic partnership to collaborate on Central Bank Digital Currency (CBDC) research. дальше »
2024-7-14 18:16
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Fresh from the Trading Room: Corn, Cattle, Canada
Bank of Canada's recent interest rate cut, the first among G7 central banks, could be a harbinger of similar actions by other central banks in developed economies. The shift towards looser monetary policy could have significant implications for commodities. дальше »
2024-6-25 10:45
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IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said. дальше »
2024-6-20 10:21
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Arthur Hayes predicts impending bull run for Bitcoin as G7 central banks start easing policy
BitMEX co-founder Arthur Hayes believes the recent policy shifts by global central banks herald the start of a significant bull market for Bitcoin and high-potential altcoins. In his latest blog post, “Group of Fools,” Hayes articulated how these changes in monetary policy create a fertile ground for the crypto market’s growth. дальше »
2024-6-8 00:36
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UAE central bank introduces licensing system for stablecoins
UAE central bank has approved new licensing for dirham-backed stablecoins. The licensing system is part of UAE’s broader Financial Infrastructure Transformation (FIT). The Dubai regulator updated the rules to allow limited investments in unrecognized tokens. дальше »
2024-6-6 19:53
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Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies. дальше »
2024-5-19 09:08
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German central bank president calls for swift adoption of CBDCs to stay competitive.
Joachim Nagel, President of the Deutsche Bundesbank and a member of the ECB, emphasized the urgency for central banks to reassess their business models and swiftly adopt central bank digital currencies (CBDCs). дальше »
2024-5-7 01:58
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Chinese ‘Crypto Dad’ faces government investigation
Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations. дальше »
2024-4-27 13:01
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Strike launches Bitcoin payment services in seven African nations
Strike, a Bitcoin-focused payments application, has announced the launch of its services in seven African countries, signaling its expansion into the continent. The countries included in this initial rollout are Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia.… дальше »
2024-2-29 11:27
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Philippine central bank to introduce CBDC without blockchain technology
The Philippines is advancing towards the introduction of a non-blockchain central bank digital currency (CBDC) within the upcoming two years, according to the Governor of Bangko Sentral ng Pilipinas (BSP), Eli Remolona. дальше »
2024-2-12 14:40
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New Zealand’s Central Bank chief casts doubt on stablecoin stability
Adrian Orr, the governor of the Central Bank of New Zealand, has criticized stablecoins, stating they cannot replace traditional currency and “are not stable. ” During a parliamentary finance committee meeting on Feb. дальше »
2024-2-12 11:31
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Latam Central Banks Take the Lead Again on Monetary Front
Central banks in Latin America raised interest rates well before their vaunted Western counterparts, and are now leading again with rate cuts. дальше »
2024-2-2 10:00
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Sportsbet.io scores big at AFCON with new signings
Sportsbet. io has signed four new high-profile South African ambassadors, just in time for Bafana Bafana’s crucial clash with Tunisia at the African Cup of Nations. AFCON 2024 Awaits Sizwe ButhelezThe post Sportsbet. дальше »
2024-1-24 15:45
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XRP Adoption: Central Bank of Ireland Officially Approves Ripple
Central Bank of Ireland's approval signals significant step for Ripple, paving way for expanded XRP adoption in Europe дальше »
2023-12-20 11:59
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Central Banks Aren't Sufficiently Ready for CBDC Risks: BIS Report
The introduction of central bank digital currencies could have major implications on the stability, the report said. дальше »
2023-11-30 15:21
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CBDCs Will Have a Significant Impact on Central Banks’ Risk Profiles: Report
Learn why the Bank of International Settlements believes CBDCs will force central banks to modify their risk profiles. The post CBDCs Will Have a Significant Impact on Central Banks’ Risk Profiles: Report appeared first on BeInCrypto. дальше »
2023-11-30 05:48
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Central Bank Project Shows CBDC Payments Can Be Private
The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said. дальше »
2023-11-30 12:29
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Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
The Fed is priced to be the most dovish among advanced nation central banks in 2024, with traders anticipating at least 100 basis points of interest-rate cuts. дальше »
2023-11-28 14:32
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Pro-Bitcoin President Milei Wants To Dissolve Argentinian Central Bank, Here’s Why
Pro-Bitcoin President-Elect Javier Milei has announced plans to dissolve Argentina’s Central Bank to combat the country’s economic crisis and inflationary pressures. Milei To Abolish Argentina’s Central Bank In a press release published by the Office of President Javier Milei on X (formerly Twitter), the administration declared that all official information regarding Milei’s future government […] дальше »
2023-11-26 23:00
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Crypto Misfortune: European Central Bank Chief’s Son Hit By 60% Investment Loss
According to a Reuters report, European Central Bank (ECB) President Christine Lagarde revealed that her son experienced substantial losses in his crypto investments, disregarding numerous warnings. Lagarde, a vocal critic of cryptocurrencies, has expressed concerns about their speculative nature, lack of intrinsic value, and potential misuse by criminals for illicit activities. ECB Chief Urges Need […] дальше »
2023-11-25 02:00
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Argentina’s Central Bank Shutdown is Non-Negotiable Says Pro-Bitcoin Government
Argentina's new president Javier Milei reaffirms his pledge to shut down the central bank, seeking to return money creation to the private sector. дальше »
2023-11-25 20:54
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Chainalysis: Central, Northern, and Western Europe reported to be second largest crypto economy this year
In an Oct. 18 report from Chainalysis, Central, Northern, and Western Europe were said to account for 17.6% of global transaction volume between July 2022 and June 2023. дальше »
2023-10-18 18:36
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Digital Euro Project Moves to 'Preparation' Phase
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday. дальше »
2023-10-18 17:09
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Mastercard explores CBDC use in Australia
Mastercard has announced that it has demonstrated a new solution that enables central bank CBDC to be interoperable with different blockchains. дальше »
2023-10-13 19:05
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Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation
Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank. дальше »
2023-10-4 02:43
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EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says
A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens дальше »
2023-10-3 16:54
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Brazil’s central bank to implement tight crypto laws
The governor of Banco Central do Brasil, the country's central bank, announced plans to tighten crypto regulations due to rising adoption дальше »
2023-9-28 15:22
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Australia’s central bank releases report highlighting CBDC use cases
The Australian Central Bank and the Digital Finance Cooperative Research Centre have released a report on the use cases for CBDCs in the country дальше »
2023-8-24 22:51
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