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Norway: Deputy Governor dismisses likelihood of cryptos replacing banks, kroner
With the emergence of a global digital economy, the use of cash has tumbled over the years and people across the world have gradually started accustoming themselves to digital money. Interestingly, NoThe post Norway: Deputy Governor dismisses likelihood of cryptos replacing banks, kroner appeared first on AMBCrypto. дальше »
2021-5-15 02:30 | |
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Bank of England deputy governor says stablecoins are a shift away from ‘public money’
Bank of England deputy governor Jon Cunliffe spoke about the growth of stablecoins and digital money in the UK during a speech yesterday at the OMFIF Digital Money Institute, London. The post Bank of England deputy governor says stablecoins are a shift away from ‘public money’ appeared first on CryptoSlate. дальше »
2021-5-15 19:00 | |
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UK will likely need to issue a digital currency, says BoE deputy governor
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. дальше »
2021-5-14 14:15 | |
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Bank Of England Bashes Cryptocurrencies… While Considering A CBDC
The Governor of the Bank of England, Andrew Bailey, made the organization’s current position on cryptocurrencies clear in a recent press conference. When asked about the incredible year that the crypto-space is having, he speared no bullet: They have no intrinsic value. дальше »
2021-5-10 14:06 | |
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Arnold Schwarzenegger Follows Warren Buffett’s Crypto Investment Strategy, Keeps Away From Bitcoin
Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is “like Warren Buffett” in that he does not invest in things he does not understand. дальше »
2021-5-10 03:30 | |
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Bank of England Governor Andrew Bailey is Giving Crypto a Thumbs Down — Here’s Why
The Governor of the Bank of England, Andrew Bailey, at the World Economic Forum, Davos, Switzerland; on Thursday, passed a vote of no confidence on cryptocurrencies, stating that investors must get ready to suffer total investment losses eventually. дальше »
2021-5-9 18:02 | |
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BoE Governor Andrew Bailey Says Crypto Investors Trading In A Bubble
Crypto Has No Intrinsic Value The Bank of England (BoE) Governor Andrew Bailey reiterated his earlier remarks that crypto investors should be prepared to lose all their money, per CNBC reports. According to Bailey, crypto-assets generally do not have any intrinsic value, and their value proposition is zero. дальше »
2021-5-8 20:36 | |
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Bank of England Governor Says Crypto Investors are Liable to Lose All their Money
Bank of England Governor Andrew Bailey has warned the British investment public not to be caught up in the current cryptocurrency hype adding that crypto investors should be prepared to lose all their money. дальше »
2021-5-8 20:00 | |
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Bahamas central bank prepares national Sand Dollar push for summer
The Bahamas is beginning a push for national digital currency adoption this summer, the central bank's governor, John Rolle, said. дальше »
2021-5-6 16:18 | |
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Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to the allegations is “politically motivated.” […] дальше »
2021-4-21 05:30 | |
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China Could Test Digital Yuan With Foreigners at 2022 Winter Olympics
A top executive of the People’s Bank of China (PBOC) revealed that it was planning to test its proposed digital yuan with foreigners at the upcoming 2022 Winter Olympics in Beijing. International Trial for Digital Yuan According to CNBC on Sunday (April 18, 2021), Li Bo, deputy governor of the PBOC said that international visitorsRead More дальше »
2021-4-20 06:01 | |
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China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). дальше »
2021-4-20 01:30 | |
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The ‘Main Role’ of Bitcoin and Stablecoins is “Investment Alternatives,” says China’s Central Bank
PBOC Governor further said China is only looking into some kind of “minimal” regulatory requirement to prevent the speculation. The post The ‘Main Role’ of Bitcoin and Stablecoins is “Investment Alternatives,” says China’s Central Bank first appeared on BitcoinExchangeGuide. дальше »
2021-4-20 18:00 | |
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China Is Expanding Its Digital Yuan Trials to Include More Cities
Leading the race of central bank digital currency (CBDC), China's central bank has already tested the digital yuan in several cities, including Shenzhen, Chengdu, Suzhou, and Xiong'an. Still, there is no specific timeline for the CBDC’s official rollout, said central bank vice governor Li Bo in an annual gathering on Sunday of top Chinese and […] The post China Is Expanding Its Digital Yuan Trials to Include More Cities first appeared on BitcoinExchangeGuide. дальше »
2021-4-20 16:28 | |
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China Changes Stance On Bitcoin, Now Sees It As ‘Investment Alternative’
After four years of banning the issuance and trading of cryptocurrencies, the People’s Bank of China seems to be changing its stance. This follows comments made by the deputy governor of the Central Bank of China, Li Bo who described Bitcoin as an investment alternative. дальше »
2021-4-20 13:44 | |
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China Asserts Bitcoin is an ‘Investment Alternative’
The remarks were made at a CNBC panel at the Boao Forum for Asia. It was here that the PBoC deputy governor, Li Bo, said, “We regard bitcoin and stablecoins as crypto-assets[…]These are investment alternatives. дальше »
2021-4-19 13:25 | |
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Chinese regulator says Bitcoin is an ‘alternative investment’
Li Bo, a deputy governor of People’s Bank of China (PBoC), the country’s central bank, said over the weekend that Bitcoin and stablecoins are ‘alternative investments’ in the eyes of the law. The post Chinese regulator says Bitcoin is an ‘alternative investment’ appeared first on CryptoSlate. дальше »
2021-4-19 11:35 | |
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Why A Central Bank of China Official Said Bitcoin Has Major Role in the Future
For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s Bank of China Deputy Governor, Li Bo, called these assets an important part of the future at the Boao Forum for Asia, per a report by Colin Wu. дальше »
2021-4-19 23:00 | |
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China to Focus on Domestic Use for Digital Currency, Says Former Central Bank Governor
China will be looking to make use of their own digital currency domestically rather than globally according to former governor of the central bank, Zhou Xiaochuan. The post China to Focus on Domestic Use for Digital Currency, Says Former Central Bank Governor appeared first on BeInCrypto. дальше »
2021-4-19 18:09 | |
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China to Focus on Domestic Use For Digital Currency Says Former Central Bank Governor
China will be looking to make use of their own digital currency domestically rather than globally according to former governor of the central bank, Zhou Xiaochuan. The post China to Focus on Domestic Use For Digital Currency Says Former Central Bank Governor appeared first on BeInCrypto. дальше »
2021-4-19 18:09 | |
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Bank of Korea Governor becomes latest to attack crypto-assets' 'limitations'
South Korea has seen a dramatic increase in crypto-investments lately. Unlike in the U.S, South Korean regulatory bodies had initially kept themselves from intervening in the digital asset ecosystemThe post Bank of Korea Governor becomes latest to attack crypto-assets' 'limitations' appeared first on AMBCrypto. дальше »
2021-4-17 07:00 | |
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Bank of Korea Governor Says Crypto as a Payment Option is Limited
The Governor of the Bank of Korea (BOK) Lee Ju-yeol opined that adopting cryptocurrency as a means of payment came with limitations. The statement comes as company behemoths are including crypto as a payment option on their platforms. дальше »
2021-4-17 13:00 | |
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Bank of Russia to Pilot Digital Ruble in 2022
First Deputy Governor Olga Skorobogatova said that a digital Ruble prototype will be created in December at a press conference. The asset, based on Distributed Ledger Technology, will likely use open source code that will have centralized control under the bank. дальше »
2021-4-9 11:44 | |
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Texas Governor Wants State to Lead in Crypto Adoption as it Did With Gold
With the recent Crypto law proposal, Texas emulates Wyoming with regards to Crypto Assets legislation in the hope of catching up on the trend, but experts detect a flaw in the Texas bill. Sometime mid-March Nathaniel “Tan” Parker—Texas businessman and Representative—presented an amendment bill for the Texas Uniform Commercial Code, UCC. The bill, House Bill […] дальше »
2021-4-3 21:18 | |
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Texas: Governor Supports Crypto Bill to Push for Mainstream Adoption of Digital Assets
Greg Abbott, the Governor of Texas, supports the recent crypto and Bitcoin bill. His state aims to match and even outshine Wyoming as a leader in blockchain. HB 4474: Defining Virtual Currencies in Texas In a tweet on Mar 29, while responding to a recent article that articulates the content of a crypto Bill (HBRead More дальше »
2021-3-30 13:00 | |
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NY Governor rolls out blockchain-based vaccination pass for residents
New York Governor Andrew Cuomo has announced that a blockchain-powered vaccination password has been launched by the State government. The e-passport, termed Excelsior Pass” is distributed via a voluntary platform that checks for COVID-19 negative results of vaccinations using a QR scanning code. дальше »
2021-3-29 13:58 | |
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New York State Releases IBM Blockchain COVID-19 Passport Application
New York Governor Andrew Cuomo has approved a new application that uses IBM blockchain technology. According to an official announcement made on March 26, the ‘Excelsior Pass’ will help fast-track the reopening of businesses and entertainment venues in the state. дальше »
2021-3-29 12:26 | |
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Bank of Korea Governor Says CBDCs Will Shrink Demand for Bitcoin
It seems that a wave of CBDCs will be upon the crypto world soon. China is actively rolling out its digital yuan, France is testing the digital euro, and calls for the United States to begin work on a digital dollar grow louder by the day. дальше »
2021-3-27 18:58 | |
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Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law
Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide. дальше »
2021-3-27 17:17 | |
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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor
The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More дальше »
2021-3-27 15:00 | |
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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major […] дальше »
2021-3-27 13:35 | |
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Norway Central Bank Governor: Bitcoin is ‘Too Costly’ to be Used and Doesn’t Preserve Stability
The world’s most cashless country doesn’t want its people to use Bitcoin as an alternative. The post Norway Central Bank Governor: Bitcoin is ‘Too Costly’ to be Used and Doesn’t Preserve Stability first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 18:04 | |
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Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor
The Central Bank of Nigeria (CBN) said they never banned the use of cryptocurrencies in the country, and they are not discouraging people from trading with crypto assets either. The clarification came from Godwin Emefiele, deputy governor Adamu Lamtek, on behalf of Godwin Emefiele, the governor of the central bank, at the 30th seminar for […] The post Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 16:21 | |
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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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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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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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