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IMF’s Foray into CBDC: Global Digital Currency Platform In The Works
Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital currency (CBDC) platform that can facilitate cross-border transactions. Related Reading: Bitcoin Long-Term Holders Refuse To Budge As Movements Remain Low IMF Takes On CBDC Market Speaking at a conference attended by African central banks, IMF […] дальше »
2023-6-21 21:00 | |
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UK Upper Parliament Approves New Crypto Regulation Bill
The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] дальше »
2023-6-20 18:00 | |
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IMF Advances Global Central Bank Digital Currency Platform For International Transactions
The International Monetary Fund (IMF) is actively developing a global platform for CBDCs to facilitate seamless transactions across borders, announced IMF Managing Director Kristalina Georgieva at a conference in Rabat, Morocco. дальше »
2023-6-20 15:30 | |
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XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform
While the International Monetary Fund (IMF) announced that it is working on a platform for digital central bank currencies (CDBCs) yesterday, the XRP army has discovered an IMF report from March 2023 in which Ripple is considered a potential problem solver. дальше »
2023-6-20 10:15 | |
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IMF wants to create a global CBDC platform to compete with threat of crypto
The International Monetary Fund (IMF) wants to create a global central bank digital currency (CBDC) system in an effort to connect countries and allow seamless cross-border transactions, Reuters reported. дальше »
2023-6-20 22:50 | |
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Polygon launches open database for blockchain technology use cases
To expand the Value Prop, Polygon asked users to contribute with more use cases and applications. Ripple also announced its partnership with Colombia's central bank to explore blockchain tecThe post Polygon launches open database for blockchain technology use cases appeared first on AMBCrypto. дальше »
2023-6-16 19:30 | |
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Brazil Sets Crypto Regulations Straight: Central Bank Takes Charge As Regulator
Brazil’s President, Luiz Inacio Lula Da Silva, has taken a significant step toward clarifying the regulatory landscape of crypto in the country. With the recent signing of legislation, the roles of the Central Bank in overseeing the crypto industry will be clearly defined, granting the bank the authority to supervise crypto firms. Additionally, the regulation […] дальше »
2023-6-15 15:30 | |
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Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases
The Latin American country will conduct a pilot to test Ripple's technology for its high-value payments system. дальше »
2023-6-16 15:00 | |
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CBDC Stealth Mode: Unraveling The Privacy Puzzle Of A U.S. CBDC
US Treasury official, Graham Steele, emphasizes the advantages of a retail CBDC backed by the Federal Reserve, providing safety during bank runs and stabilizing private sector lending. Striking The Anonymity Balance During a recent Texas payments conference, Graham Steele highlighted the significance of anonymity when contemplating the development of a future Central Bank Digital Currency […] дальше »
2023-6-15 00:21 | |
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SEC, Binance face tough questions from judge in landmark crypto case
Court transcripts from SEC v. Binance Holdings, Inc, et. al. have begun to appear, revealing that arguments central to the crypto space are now being actively discussed in U. S. courts. U. S. дальше »
2023-6-15 23:52 | |
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Brazil Appoints Central Bank and Securities Commission as Crypto Market Regulators
The executive branch issued a decree with directives following the approval of a crypto law in December 2022. дальше »
2023-6-15 23:40 | |
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Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause
Ether tumbled below $1.7K just two hours after the U.S. central bank met widespread expectations by ending its more than year-long diet of interest rate increases. дальше »
2023-6-15 23:37 | |
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Brazil has adopted a law on cryptocurrencies and has given the Central Bank the powers of a regulator
Brazil has become one of the first countries in the world to adopt a comprehensive law regulating the cryptocurrency and virtual assets market. The law was published in the official journal of the government on June 14 and will come into force in six days. дальше »
2023-6-15 22:04 | |
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Max Pain: Bitcoin Price Remains Sideways Following Fed Rate Hike Pause
Despite the first pause in a historic series of interest rate hikes by the US Federal Reserve, Bitcoin price appears unaffected, maintaining a steady price range between $25,000 and $28,000. Amid the market digesting the Fed’s interest rate decision, the leading cryptocurrency has so far exhibited a muted reaction to the central bank’s latest, less-hawkish […] дальше »
2023-6-15 21:50 | |
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zondacrypto - Europe’s Crypto Exchange
zondacrypto is one of the largest digital asset investment platforms in Europe with over 1 million users. The company was established in 2014 and is the leading crypto payments provider in central and eastern Europe. дальше »
2023-6-14 23:00 | |
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House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips. дальше »
2023-6-14 17:20 | |
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Thailand central bank partners with payment providers for retail CBDC pilot
Thailand’s central bank will continue with its retail central bank digital currency (CBDC) development this month. The project (delayed from 2022) will enlist nearby businesses and bank employees for the test. дальше »
2023-6-13 11:49 | |
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Art NFT Marketplace and Community HeartX Announced its Open Beta Launch
Central, Singapore, June 12th, 2023, Chainwire HeartX, a Web3 art NFT marketplace and community, is excited to announce the Open Beta launch of its app product. This marks a significant milestone in the development of the platform, bringing the power of blockchain technology and a vibrant art community together. дальше »
2023-6-12 11:00 | |
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Hong Kong Will Begin Laying the Groundwork for a Retail CBDC
After a year of intensive study of costs and benefits, the Special Administrative Region of Hong Kong in China is making preparations for the launch of a public-use central bank digital currency (CBDC). дальше »
2023-6-10 21:00 | |
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Indian Central Bank Aims To Reach 1 Million CBDC Users By The End Of June
The Reserve Bank of India (RBI) is strategically working towards acquiring one million active customers on its central bank digital currency (CBDC) or e-rupee by the conclusion of this month. In response to a media inquiry regarding the anticipated launch of CBDC, T Rabi Sankar, the Deputy Governor of the RBI, confirmed, however, that there […] дальше »
2023-6-9 17:00 | |
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First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout
ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year. дальше »
2023-6-9 03:54 | |
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Money20/20 looks at frontiers of crypto policy and evolution of CBDCs
At Money20/20 in Amsterdam, a panel titled "CBDC’s: The Next Steps" discussed the potential of central bank digital currencies, decentralized finance, and decentralized autonomous organizations. дальше »
2023-6-7 17:09 | |
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Circle receives digital token license in Singapore
Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated… дальше »
2023-6-7 15:16 | |
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Circle Singapore granted Major Payment Institution (MPI) license
Circle revealed that its Singapore arm received a new license from the nation’s central bank on Wednesday (7 June). That comes as the USDC issues dig deep into the Asian marketplace. Meanwhile, the Major Payment Institution certificate will allow Circle to offer digital token payments. дальше »
2023-6-7 14:19 | |
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US Federal Reserve’s Banking Upgrade Can’t Outpace Crypto
The Federal Reserve's FedNow is poised to speed up banking transactions, marking a step towards competing with cryptocurrencies. The rise of Central Bank Digital Currencies further adds to the evolving financial landscape. дальше »
2023-6-6 02:30 | |
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Stablecoin risks and how to overcome them | Opinion
Given the rise in interest towards central bank digital currencies, their usage will continue to increase. This is despite the recent turmoil about the recent depegging of USDC or, much worse, the collapse of the TerraUSD (UST) stablecoin and its… дальше »
2023-6-4 13:03 | |
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Kenya: A CBDC Is Not Our Immediate Priority
The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability of alternative payment solutions in the East African nation, the central bank has, in a press release on June 2, said implementing a digitized version of the […] дальше »
2023-6-3 21:39 | |
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Nigerian central bank maintains stance on crypto withdrawal restrictions
Nigeria's cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. дальше »
2023-6-2 21:13 | |
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