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Zimbabwe to issue gold-backed digital currency to save local currency
The Zimbabwe dollar has been depreciating against the US dollar. The country has been struggling with inflation for more than a decade now. The Reserve Bank of Zimbabwe (RBZ) has announced plans to launch a gold-backed digital currency. дальше »
2023-4-24 17:28 | |
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Digital yuan promotions helped Chinese crypto stocks rise
The rise of the digital yuan, China’s national central bank digital currency (CBDC), helped some crypto-related stocks surge while the cryptocurrency market has been facing notable drops. On April 23, Changshu City in Jiangsu Province announced that it would start… дальше »
2023-4-24 16:28 | |
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Bank of Korea to oversee crypto regulation
The Central bank of South Korea will over see cryptocurrency regulation according to local reports. However the move has received much criticism from the Financial stability commission. дальше »
2023-4-24 11:54 | |
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Zimbabwe’s central bank to issue gold-backed digital currency
Zimbabwe's central bank is launching a gold-backed digital currency to keep the local currency from depreciating further against the USD. The African country has been struggling with currency vThe post Zimbabwe’s central bank to issue gold-backed digital currency appeared first on AMBCrypto. дальше »
2023-4-24 11:30 | |
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Zero-knowledge proofs vs. CBDCs: the fight for privacy amid central banks’ bid for control
Privacy concerns surrounding central bank digital currencies (CBDCs) are growing, and zero-knowledge proofs (ZKPs) may offer a solution. As a potential game-changer, we explore combining CBDCs and ZKPs to balance accessibility, efficiency, and privacy. дальше »
2023-4-24 21:05 | |
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Zimbabwe’s central bank to issue gold-backed digital currency: Report
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency. дальше »
2023-4-24 20:54 | |
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Fantom Developer Hints at Crypto-Friendly Bank Project
DeFi "godfather" Andre Cronje revealed that he is working on a crypto-friendly bank that could be launched before the end of the year. The post Fantom Developer Hints at Crypto-Friendly Bank Project appeared first on BeInCrypto. дальше »
2023-4-24 18:35 | |
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Binance Ends Russian Account Limits as Country Uses Tech to Bypass Sanctions
Binance is reportedly allowing users to purchase crypto with Russian bank cards after curbing its service in the country following international sanctions. The post Binance Ends Russian Account Limits as Country Uses Tech to Bypass Sanctions appeared first on BeInCrypto. дальше »
2023-4-24 16:40 | |
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New York regulator and Danish central bank governor discussed crypto regulation
New York State Department of Financial Services (NYDFS) superintendent, Adrienne Harris, met with a delegation led by Danmarks Nationalbank governor, Signe Krogstrup, earlier in the week дальше »
2023-4-23 14:49 | |
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Gold-Backed Digital Currency May Help Zimbabwe Hedge Against Inflation
In a bid to tame inflation, the Reserve Bank of Zimbabwe (RBZ) is set to launch a new gold-backed digital currency. The post Gold-Backed Digital Currency May Help Zimbabwe Hedge Against Inflation appeared first on BeInCrypto. дальше »
2023-4-24 13:22 | |
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Metropolitan Bank Bids Goodbye to Crypto
Metropolitan Commercial Bank is saying goodbye to crypto. The move will have minimal financial impact, according to the company. The post Metropolitan Bank Bids Goodbye to Crypto appeared first on BeInCrypto. дальше »
2023-4-22 23:08 | |
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Venture capital firms distance themselves from OPNX funding
At least two venture capital firms — Nascent and DRW — have distanced themselves from OPNX. Earlier today, OPNX revealed that its major investors included AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent, and Tuwaiq Limited. дальше »
2023-4-22 22:02 | |
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HedgeUp (HDUP), Chainlink (LINK) Or The Sandbox (SAND) – Which Crypto May Grow Exponentially In 2023?
The crypto industry has been flourishing after the collapse of Signature and Silicon Valley Bank. So much so that it is now difficult to choose where to infuse because several cryptos are seeing price increases; today, we will take a closer look at three of them – Chainlink (LINK), HedgeUp (HDUP), and The Sandbox (SAND). […] дальше »
2023-4-22 02:09 | |
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Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business
Metropolitan Commercial Bank is close to done with its exit from the cryptocurrency market with only $278.5 million in crypto-related deposits left, according to a filing with the Securities and Exchange Commission (SEC) from April 18. дальше »
2023-4-21 18:43 | |
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Crypto banking implodes, financial lifelines hard to find
The crypto industry is in turmoil, with both major failures, and a lack of banking partners. With the shuttering of major crypto-focused banks like Silvergate, Signature, and the seizure of Silicon Valley Bank (SVB), the sector is scrambling to secure banking partners. дальше »
2023-4-20 18:07 | |
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Societe Generale’s crypto arm to launch Euro-pegged stablecoin
Forge — a regulated crypto arm of the French banking firm Societe Generale — is set to launch a new euro stablecoin called “CoinVertible” on the Ethereum blockchain. The investment bank aims to bridge the gap between traditional capital markets and the digital assets ecosystem through the launch of the euro-pegged stablecoin, according to the […] The post Societe Generale’s crypto arm to launch Euro-pegged stablecoin appeared first on CryptoSlate. дальше »
2023-4-20 16:30 | |
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Societe Generale stock pumps and dumps after Euro-pegged stablecoin launch
French multinational bank, Societe Generale, has launched its own Euro-pegged stablecoin named “EURon” on the Ethereum blockchain. The news briefly caused the Societe Generale stock price to jump before dropping below yesterday’s close price. дальше »
2023-4-22 13:10 | |
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BABB Introduces Revolutionary Hybrid Money Account Powered by Blockchain Tech
The Hybrid Money Account is the newest product from BABB, a London-based FinTech startup. By embracing Blockchain technology, this creative approach will make it easier to open a UK bank account and send money abroad. дальше »
2023-4-20 11:57 | |
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Judge combines Silvergate and FTX lawsuits over alleged ties
A court in California has consolidated three investor claims against FTX and Silvergate bank over allegations of the two firms having ties amid both of them filing for bankruptcy. дальше »
2023-4-20 11:07 | |
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Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator
The Superintendent of the New York State Department of Financial Services (NYDFS), Adrienne Harris, has refuted allegations that cryptocurrency depositors were responsible for the collapse of Signature Bank. дальше »
2023-4-20 01:08 | |
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Russia plans to permit foreign crypto mining
Russia’s central bank intends to permit the creation of crypto mining organizations outside of the country, Russian news site TASS said on April 17. Elvira Nabiullina, head of the Bank of Russia, said that Russian entities will be allowed to establish special authorized organizations for cryptocurrency mining. дальше »
2023-4-20 23:34 | |
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New York Financial Official Tells House Committee Crypto Did Not Crash Signature Bank
New York State financial official brings her case to Congress, arguing that cryptocurrency did not cause the fall of Signature Bank. The post New York Financial Official Tells House Committee Crypto Did Not Crash Signature Bank appeared first on BeInCrypto. дальше »
2023-4-20 22:49 | |
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According to the Central Bank, Russia intends to engage in cryptocurrency mining to facilitate cross-border transactions.
The Bank of Russia is reportedly drafting a bill that would create an “experimental legal regime” for cryptocurrencies to be exclusively used in cross-border import-export transactions, as announced by the regulator’s head, Elvira Naiullina. дальше »
2023-4-19 22:06 | |
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US Prosecutors Seek 7-Year Jail Sentence for Former Vikings Owner Over Crypto Fraud
The US government attorney has urged the courts to impose a 7-year sentence on Reginald Fowler, a footballer who was involved in operating a shadow bank known as Crypto Capital Corp. The post US Prosecutors Seek 7-Year Jail Sentence for Former Vikings Owner Over Crypto Fraud appeared first on BeInCrypto. дальше »
2023-4-20 19:30 | |
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Successful Bank of England CBDC Pilot Could Speed up UK Crypto Regulation
Successful U.K. CBDC pilot paves the way for legislation in roughly a year, according to a Treasury official. The post Successful Bank of England CBDC Pilot Could Speed up UK Crypto Regulation appeared first on BeInCrypto. дальше »
2023-4-20 19:15 | |
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Bank of England and BIS Completes Project Meridian for DLT Settlement Program
Coinspeaker Bank of England and BIS Completes Project Meridian for DLT Settlement Program The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions. дальше »
2023-4-19 19:05 | |
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Ireland approves Kraken's request for providing crypto services
Central Bank of Ireland granted virtual asset service provider (VASP) authorization to the Irish subsidiary of Kraken. Kraken is the third crypto services provider after Gemini and Coinbase in The post Ireland approves Kraken's request for providing crypto services appeared first on AMBCrypto. дальше »
2023-4-20 19:00 | |
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Federal Reserve official says CBDC risks outweigh benefits
The U.S. Federal Reserve governor Michelle Bowman has expressed her concerns over the possible creation of a U.S. central bank digital currency (CBDC). дальше »
2023-4-19 18:00 | |
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Prosecutors Seek 7-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case
The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions. дальше »
2023-4-19 16:20 | |
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Goldman Sachs CEO Not Worried about Competition from New Apple Savings Account but Is Considering Possible ‘Cannibalization’
Coinspeaker Goldman Sachs CEO Not Worried about Competition from New Apple Savings Account but Is Considering Possible ‘Cannibalization’ According to the Goldman Sachs CEO, the Apple account the large bank powers does not compete directly with Marcus and may not pose any problems. дальше »
2023-4-19 14:28 | |
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Russian Central Bank Considering Use of Cryptocurrencies in International Settlements
The Russian central bank is mulling the idea of using cryptocurrencies for international settlements, according to local media outlets. The post Russian Central Bank Considering Use of Cryptocurrencies in International Settlements appeared first on BeInCrypto. дальше »
2023-4-19 11:00 | |
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Fed board member says CBDC risks outweigh benefits
Governor Michelle Bowman said it is “difficult to imagine a world” where the benefits of a central bank digital currency (CBDC) can justify the “unintended consequences. ” However, she added that the U. дальше »
2023-4-19 23:15 | |
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US wholesale CBDC has ‘promise,’ Fed governor says, but retail ‘difficult to imagine’
Federal Reserve Board governor Michelle Bowman discussed a potential United States central bank digital currency in a speech at Georgetown University. дальше »
2023-4-19 23:00 | |
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US exempts World Bank’s IDA from SEC regulations
The U.S. has excluded the World Bank's International Development Association (IDA) from the requirements of the Securities Exchange Act of 1934 and the Securities Act of 1933. дальше »
2023-4-18 21:28 | |
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Kraken gets regulatory approval to operate in Ireland
Kraken secured a virtual asset service provider (VASP) license from the Central Bank of Ireland on April 18. The license allows the crypto exchange to operate in the country legally. Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules and added that the license is proof of its […] The post Kraken gets regulatory approval to operate in Ireland appeared first on CryptoSlate. дальше »
2023-4-19 21:24 | |
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Bank of America (BAC) Shares Ticks 2% in Pre-Market after Impressive Q1 2023 Report
Coinspeaker Bank of America (BAC) Shares Ticks 2% in Pre-Market after Impressive Q1 2023 Report The company’s investors are bullish on the BAC stock following the earnings release. Bank of America (BAC) Shares Ticks 2% in Pre-Market after Impressive Q1 2023 Report дальше »
2023-4-18 17:23 | |
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Bank of Israel considers CBDC issuance
The bank of Israel is now weighing in on CBDC issuance depending on variety of factors including stablecoin performance. The bank is not willing to let private sectors control the field. дальше »
2023-4-18 16:58 | |
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