2023-10-6 20:31 |
The development of a central bank digital currency by the European Central Bank faces pushback from European lawmakers. origin »
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Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency.
2023-4-19 18:44 | |
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A group of Republican lawmakers on the House Financial Services Committee have asked U.S. Attorney General Merrick Garland to share the Justice Department's assessment on whether the Federal Reserve has the necessary authority to issue a central bank digital currency (CBDC).
2022-10-6 19:36 | |
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Cross-party lawmakers cited worries over data privacy and taxation as they demanded a U-turn on the controversial European Central Bank decision to let Amazon participate in the digital euro project.
2022-9-29 12:33 | |
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United States Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference organized by the central bank of France on September 27.
2022-9-28 20:32 | |
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President of the European Central Bank, Christine Lagarde, speaking with the European Parliament on Monday, has called on Lawmakers to start working on fresh crypto regulations to cover DeFi and Bitcoin as she fears that crypto will eventually grow to the point where it becomes a financial stability risk.
2022-6-26 19:40 | |
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While a core tenet and source of pride among crypto projects, privacy has been demonized by those in power, including lawmakers, regulators, banks and academics.
2022-6-12 05:13 | |
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The Central African Republic (CAR) has become the second country after El Salvador to adopt Bitcoin as its official currency, and the first in Africa to do so. BTC will become legal tender alongside the CFA franc after the country’s lawmakers voted unanimously to legalize cryptocurrencies.
2022-5-4 18:17 | |
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Brazil’s senate passed the crypto bill on Tuesday, while the Central African Republic also… The post Brazil lawmakers pass bill seeking to regulate cryptocurrencies appeared first on Coin Journal.
2022-4-27 17:52 | |
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Hey folks. We’re still talking central bank digital currencies and digital dollars, so this week's State of Crypto has some quick and vaguely unhinged thoughts on recent actions and statements on this front.
2022-4-6 22:47 | |
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AWAIT CONFIRMATION WEDS PM BRUSSELS TIME The proposals regarding the potential future central bank digital currency come as lawmakers prepare to scrap anonymous bitcoin payments.
2022-3-31 17:41 | |
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The publication contains eight separate white papers exploring topics including the impact of lawmakers regulating stablecoins and central bank digital currencies as well as informing readers about the risks, benefits and alternatives.
2021-11-23 22:15 | |
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Russian lawmakers will reportedly begin working on the legal adjustments needed to implement the digital ruble plan scheduled for early 2022.
2021-11-10 14:39 | |
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Over the last few years, the cryptocurrency industry made many attempts to increase adoption and push for regulation. Crypto representatives and officials of various projects met with all kinds of government officials, lawmakers, major traditional traders and investors, and many others, trying to educate them about crypto, explain how it all works, its potential, and […] The post Central bank records reveal the meeting between Coinbase CEO and Fed Chairman appeared first on Invezz.
2021-7-4 11:15 | |
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Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."
2021-7-3 00:05 | |
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Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
2021-7-3 19:32 | |
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Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications of further devaluing the naira.
2021-6-11 01:00 | |
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A French parliament member has signed a petition to amend the laws to enable the central bank of France to buy and hold bitcoin as well as other cryptocurrencies. The petition urges lawmakers to urgently consider the matter, warning that not owning bitcoin will put France “in a financially weak position within 5-10 years.” Petition […]
2021-3-15 22:30 | |
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The European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction.
2021-2-25 18:00 | |
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An Outright Ban Won’t Solve Much Nigerian lawmakers have summoned the country's Central Bank Governor and the head of the Securities and Exchange Commission, Nigerian Tribune reports. The decision came following a session concerning the recent crypto ban that was announced by the Central Bank last week.
2021-2-12 17:39 | |
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Nigerian lawmakers have strongly opposed the recent action by Nigeria’s Central Bank, demanding it appears in front of the senate to explain itself. “I am strongly against the outright ban...
2021-2-11 18:12 | |
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Japanese lawmakers want the government to push for talks on central bank digital currency (CBDC) during the next G7 summit holding in the summer. US Should Set CBDC Agenda for G7 Partners According to Reuters, a parliamentary group led by Akira Amari of Japan’s Liberal Democratic Party (LDP) wants the country’s government to consider issuingRead MoreRead More.
2020-2-7 14:00 | |
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Reports are emerging that Japan has been urged to accelerate its central bank digital currency development in order to compete with China. Crypto Yen in 2020? According to Reuters a group of Japanese ruling party lawmakers has urged the government to issue the country’s own crypto currency.
2020-2-7 13:00 | |
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With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate plans to launch a CBDC.
2020-1-31 02:00 | |
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A group of Japanese lawmakers from the country’s ruling Liberal Democratic Party is planning on a proposal for Japan to issue a national digital currency, otherwise known as the digital yen. The need to develop a digital yen would seek to counter China’s digital yuan; meanwhile, more central banks across the globe are either studyingRead MoreRead More.
2020-1-26 02:00 | |
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Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously.
2020-1-24 14:32 | |
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Ripple, the entity notionally behind cryptocurrency XRP, has asked US lawmakers for more advantageous regulation, saying it is “serving the greater good. ” Ripple Wants To ‘Serve Greater Good’ In an open letter to Congress ahead of a fresh hearing on crypto and blockchain policy July 30, CEO Brad Garlinghouse requested politicians not apply a one-size-fits-all approach to the industry.
2019-7-29 15:00 | |
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Facebook’s Libra has been at the center of scrutiny and skepticism among policymakers from around the globe. Many have even gone on to ask for a complete halt of the project, including many lawmakers during the two-day Congressional hearing.
2019-7-20 03:30 | |
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Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however.
2019-7-2 10:30 | |
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Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it.
2019-6-22 17:30 | |
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By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency.
2019-6-17 12:23 | |
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It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports.
2019-4-8 11:17 | |
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Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions.
2018-11-8 18:25 | |
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Its publication diversifies the broad EU standpoint on the technology, which continues to include legal projects to monitor residents’ usage and clamp down on anonymity. However, they remain unlikely to challenge the dominant position of sovereign currencies and central banks, especially those in major currency areas. In addition to staking its belief in their longevity,
2018-7-2 17:53 | |
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New research analysis on cryptocurrencies for the Economic and Monetary Affairs Committee of the EU parliament cautions lawmakers neither to ignore nor “attempt to ban” virtual currencies. A ‘Contemporary Form of Private Money’ The report, provided by Policy Department A at the request of the European Union Parliament’s Economic and Monetary Affairs Committee, is titled Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-2 14:00 | |
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Denmark is considering taxing unrealized gains on crypto assets to minimize the difference in tax treatment between digital assets and traditional asset holders. Denmark Eyes Taxing Unrealized Crypto Profits The Danish Tax Law Council has released an exhaustive 93-page report outlining several recommendations regarding digital asset tax treatment.