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Sources Claim Nigeria’s Bitcoin Ban Has Been Lifted
The use of cryptocurrencies in Nigeria might have just been made legal again. According to unofficial sources, the Central Bank of Nigeria has claimed that there was never a time where it placed a ban on the use of cryptocurrencies. дальше »
2021-3-21 21:42 | |
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Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says his organisation’s directive only applies to the banking sector. Prohibition Only Applies to […] дальше »
2021-3-21 16:45 | |
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Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. дальше »
2021-3-21 04:30 | |
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Thailand's central bank planning to regulate stablecoins this year
The growth of cryptocurrencies over the past couple of years has pushed many countries towards stricter regulations, while some have moved to ban the asset class altogether. Thailand is one of the forThe post Thailand's central bank planning to regulate stablecoins this year appeared first on AMBCrypto. дальше »
2021-3-19 18:30 | |
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U.S. Federal Reserve says digital currencies can ‘coexist’ with cash
Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday. дальше »
2021-3-20 11:31 | |
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Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act
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. дальше »
2021-3-18 19:31 | |
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Ireland’s Apex Bank Extends AML Guidelines to Cryptocurrency Sector; Stripping Ability to Trade Anonymously
There will be no more anonymous trading for cryptocurrency traders in Ireland as the country ushers in new regulations that would change the crypto landscape. Cryptocurrency firms now have to register with the central bank and institute anti-money laundering (AML) guidelines or close shop. дальше »
2021-3-18 17:24 | |
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Japan’s Central Bank Gearing up for CBDC Experimentation
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. дальше »
2021-3-18 00:00 | |
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AdvCash Card Review: Crypto Card That Is Yet To Launch!
Advanced Cash – or in short AdvCash – is a remittance platform licensed by the International Financial Services Commission of Belize and situated in Belize City, Belize, a Caribbean country located on the north-eastern coast of Central America. дальше »
2021-3-16 18:40 | |
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French Lawmaker Signs Petition to Allow Central Bank to Buy and Hold Bitcoin
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 […] дальше »
2021-3-15 22:30 | |
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Zilliqa (ZIL) price is now up 600% since December
Zilliqa (ZIL) price has further continued its impressive bullish run since December as it now trades over 1,000% higher since the beginning of the last month in 2020. Fundamental analysis: Zilliqa Capital is officially launched Blockchain investment firm Zilliqa Capital has announced the launch of a central business and investment hub for its blockchain platform […] The post Zilliqa (ZIL) price is now up 600% since December appeared first on Invezz. дальше »
2021-3-14 23:17 | |
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Bank of Russia to Launch Digital Ruble Pilot in 2021
Local reports from Russia indicate the country plans to complete its prototype for a digital ruble before the end of 2021. According to Prime, a financial news outlet, the central bank will launch pilot programs to test the CBDC in 2022 once the prototype is complete. дальше »
2021-3-14 18:41 | |
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A Petition Calls for the Central Bank of France to Buy Bitcoin and Other Crypto Assets
A lawmaker signed the petition, which says, “France cannot decently remain as an observer of a race which has already started” as “not owning Bitcoin will put it in a financially weak position.” The post A Petition Calls for the Central Bank of France to Buy Bitcoin and Other Crypto Assets first appeared on BitcoinExchangeGuide. дальше »
2021-3-14 17:38 | |
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Central banks are developing their own CBDCs, but what kind of CBDC does the world really need?
The COVID-19 pandemic has accelerated the trend of cashless payments, with central banks racing to develop and test digital currencies. The post Central banks are developing their own CBDCs, but what kind of CBDC does the world really need? appeared first on CryptoSlate. дальше »
2021-3-12 11:00 | |
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Zilliqa blockchain establishes investment and business entity to grow ecosystem
CryptoNinjas » Zilliqa blockchain establishes investment and business entity to grow ecosystem Zilliqa, a high-performance blockchain platform, has announced the launch of Zilliqa Capital, a Singapore-based technology company whose objective is to become the central business and investment hub for the Zilliqa blockchain ecosystem. дальше »
2021-3-12 02:49 | |
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Bank Of Russia To Launch Prototype For Its Digital Ruble Later This Year
Russia is moving a step closer to introducing a Ruble-backed digital currency. A senior executive at Russia’s central bank, the Bank of Russia, has indicated that the bank is planning to unveil a prototype for its digital ruble by the end of 2021. дальше »
2021-3-12 20:16 | |
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South Korean bank completes pilot program for digital currencies
South Korean Shinhan Bank has announced the completion of a pilot program for central bank digital currencies (CBDC), a project it collaborated with LG CNS. The project was first announced in November last year, and it seems to be independent of the central bank. дальше »
2021-3-11 17:26 | |
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Korea’s Shinhan Bank Completes Digital Won CBDC Pilot
Shinhan Bank of South Korea has announced the completion of its central bank digital currency (CBDC) pilot. The project was carried out in conjunction with LG CNS and the team claims the pilot is in a bid to get the bank ready for the eventual launch of the nation’s digital won by the Bank ofRead More дальше »
2021-3-11 02:00 | |
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South Korea's Shinhan Bank collaborates with LG to build CBDC platform
South Korea’s Shinhan Bank will collaborate with the country’s central bank to issue a Korean Central Bank Digital Currency (CBDC). According to reports emerging from local South Korean media, The post South Korea's Shinhan Bank collaborates with LG to build CBDC platform appeared first on AMBCrypto. дальше »
2021-3-10 16:45 | |
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1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein
While central banks are focusing on creating more stimulus and economists expect inflation in the U. S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that 1. дальше »
2021-3-10 00:30 | |
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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use
The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »
2021-3-9 15:00 | |
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Bitcoin, Ethereum, XRP: Which shows potential for central banks to host CBDCs?
In a new review, CPA Australia attempted to provide an overview of Bitcoin, Ethereum, and Ripple’s XRP, in terms of central banks’ opinion of the networks being able to host CBDCs. The reportThe post Bitcoin, Ethereum, XRP: Which shows potential for central banks to host CBDCs? appeared first on AMBCrypto. дальше »
2021-3-9 23:00 | |
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Embattled Ripple Developing CDBC Payments Solution
Ripple has revealed in a blog post on March 3, 2021, that it’s piloting a private version of its XRP Ledger blockchain network. The solution is designed to function as a secure, permissioned, and flexible infrastructure for the issuance of central bank digital currencies (CBDCs). дальше »
2021-3-6 20:00 | |
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Ripple протестирует частную версию XRP Ledger для цифровых валют центробанков
Калифорнийская финтех-компания Ripple объявила о пилотном тестировании частной версии публичного реестра XRP, предназначенной для запуска цифровых валют центральных банков (CBDC). Ripple is piloting a private version of the open-source, public #XRPL that allows Central Banks to create and manage a digital currency—enabling global interoperability. дальше »
2021-3-5 09:45 | |
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Ripple trials a private version of XRP Ledger for the issuance of CBDCs
Ripple has started piloting the CBDC Private Ledger, the private version of the company’s open-source XRP Ledger, which offers Central Banks a secure, yet versatile solution for issuing and managing digital currencies. дальше »
2021-3-5 19:41 | |
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Ripple Is Testing A Private Version Of The XRP Ledger Targeting Central Banks
Blockchain firm, Ripple, is currently running a pilot project of its new product that’s mainly meant for use by Central Banks. The company announced this new development on its blog, saying that the new system is basically a private version of the currently open-source public XRP Ledger. дальше »
2021-3-4 17:19 | |
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Bitcoin on Back Foot as Focus Turns to Powell Speech; What to Expect?
Bitcoin dropped during Asia-Pacific and European trade Thursday as rising bond yields prompted concerns that central banks may begin tightening monetary policies sooner-than-expected. The benchmark cryptocurrency fell up to 3. дальше »
2021-3-5 14:23 | |
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Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany
Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. дальше »
2021-3-4 06:10 | |
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Ripple launches pilot private ledger for central banks' CBDC
Payment protocol firm Ripple announced a pilot project that seeks to provide a “private version” of its XRP ledger for central banks that can use the technology to issue and manage digital currencThe post Ripple launches pilot private ledger for central banks' CBDC appeared first on AMBCrypto. дальше »
2021-3-4 22:29 | |
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China to Launch Biggest Digital Yuan Trial in Chengdu
China is leading the race to launch the world’s first fully adopted Central Bank Digital Currency (CBDC). It had earlier announced the commencement of trials for its digital yuan. The government gave out digital yuan to citizens as part of the test, encouraging retailers to accept it as a payment medium. дальше »
2021-3-3 13:44 | |
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Nigeria’s Vice President makes a surprising case for Cryptocurrencies
A contradictory statement has recently been made by Nigeria’s Vice president Prof. Yemi Osinbajo, concerning the recently imposed Cryptocurrency ban by the country’s Central bank. The Vice President explained at the CBN bankers committee economic summit, that digital currencies are an inevitable part of the country’s economy. дальше »
2021-3-2 11:23 | |
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Grant Blaisdell on why he is creating an NFT marketplace for digital space assets, his biggest crypto horror story, and more
CryptoSlate recently had the opportunity to chat with Grant Blaisdell, the founder and CEO of Copernic Space, a marketplace for “digital space assets and companies. ” Grant has been creating ventures at the intersection of new technologies and media in the US and Central Europe since his late teens. дальше »
2021-3-2 05:38 | |
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Central Bank of Ghana Launches Regulatory Sandbox Pilot for Blockchain and Financial Projects
Ghana’s apex bank has revealed a sandbox test launch to support the growth of blockchain-based and financial-related services. Sandbox Launched to innovate Ghana Financial Services The central bank revealed this development in a recent press release. дальше »
2021-3-1 16:00 | |
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Harvard Professor Kenneth Rogoff Warns Central Banks Will Never Allow Bitcoin to Go Mainstream
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says that central banks won’t allow bitcoin and other cryptocurrencies to become mainstream. дальше »
2021-2-28 02:30 | |
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Nigeria VP Tells Central Bank to Regulate, not Forbid, Crypto
Vice President of Nigeria Prof. Yemi Osinbajo spoke at a Bankers Committee meeting. He called for Nigeria to regulate cryptocurrency, instead of banning it. He called on the Central Bank of Nigeria avoid “killing the goose that might lay the golden egg”. дальше »
2021-2-27 20:28 | |
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How is this central bank policy making Bitcoin more attractive?
Panic has been evident across global markets and global banks for a while now, with central banks around the world escalating efforts to combat this by pledging to buy more bonds. However, such Yield The post How is this central bank policy making Bitcoin more attractive? appeared first on AMBCrypto. дальше »
2021-2-27 19:30 | |
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Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary authorities must consider providing a “robust regulatory regime” that addresses their […] дальше »
2021-2-28 06:30 | |
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