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Fed governor Waller says US CBDC would not enhance things the world loves about US fiat
The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place, according to Waller. дальше »
2022-10-16 00:00 | |
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CryptoSlate Wrapped Daily: Fed Governor Christopher Waller is against US CBDC; Tether gets rid of commercial paper reserves
The biggest news in the cryptoverse for October 14 includes Tether reducing commercial paper reserves to zero, Bitcoin surging above $19,000 following a decline after CPI data and Mango Markets voting to approve a $47 million bounty for the hacker behind its $100 million exploit. дальше »
2022-10-15 23:56 | |
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FED Governor: No Good Reason to Have a U.S. CBDC
Speaking at a security symposium at Harvard University, Fed Governor Christopher A. Waller maintains that the U.S. dollar can survive without a Central Bank Digital Currency (CBDC). The post FED Governor: No Good Reason to Have a U.S. CBDC appeared first on BeInCrypto. дальше »
2022-10-15 23:15 | |
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The Bank of England Says It’s Difficult To Implement Blockchain Technology Across All Markets
According to Bank of England Deputy Governor Jon Cunliffe, as reported by Reuters, using the blockchain technology that underpins crypto assets to provide rapid trading and settlement across all financial markets is not desired given the difficulties it would provide.… дальше »
2022-9-28 16:29 | |
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California Gov. Newsom explains veto of NY-styled BitLicense crypto business bill
California Governor Gavin Newsom on September 23 overruled Assembly Bill-2269 Digital financial asset businesses: regulation – a crypto regulatory framework. The post California Gov. дальше »
2022-9-28 22:06 | |
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California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies
The Governor of California, Gavin Newsom, has vetoed a proposed bill that seeks to create license requirements for crypto companies in the state. The post California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies appeared first on BeInCrypto. дальше »
2022-9-26 14:52 | |
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Are governments all for flexibility when regulating crypto? The answer is...
California Governor Gavin Newsom has vetoed a bill that sought to license and regulate crypto. Assembly Bill 2269 was introduced by AssemblyMan Timothy Grayson. However, the bill was subjected to heavThe post Are governments all for flexibility when regulating crypto? The answer is... appeared first on AMBCrypto. дальше »
2022-9-25 02:00 | |
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California 'BitLicense' Bill Vetoed by Governor Gavin Newsom
California Governor Gavin Newsom vetoed Assembly Bill 2269, saying it would be "premature" to create a licensing regime specific to crypto without considering feedback from stakeholders and the cost of a new licensing structure. дальше »
2022-9-24 05:04 | |
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Kenya’s central bank governor finally sees the push for Bitcoin
Kenya's governor of the central bank, Patrick Njoroge, acknowledged that he was under external pressure from cryptocurrency enthusiasts to convert the nation's reserves into Bitcoin (BTC). In a meeThe post Kenya’s central bank governor finally sees the push for Bitcoin appeared first on AMBCrypto. дальше »
2022-9-21 03:00 | |
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South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law
The governor of the South Korea Financial Supervisory Service (FSS), Lee Bok-Hyun, has indicated that virtual assets could form part of the country's securities and capital markets law. The post South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law appeared first on BeInCrypto. дальше »
2022-9-16 13:30 | |
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Australia Starts Research Program to Explore Digital Asset Opportunities
The DFCRC is an industry-led cross-disciplinary consortium that has 25 partners from the finance, academia and regulatory sectors, including the Reserve Bank. Australia's Reserve Bank Governor Philip Lowe was at the launch. дальше »
2022-8-30 12:45 | |
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Crypto Won’t Work in Emerging Economies Like India: RBI Governor
The Reserve Bank of India governor stated that crypto is not useful for developing economies like itself, despite 115 million investors living there. The post Crypto Won’t Work in Emerging Economies Like India: RBI Governor appeared first on BeInCrypto. дальше »
2022-8-25 07:45 | |
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Nigeria's CBDC eNaira Used for Nearly $10M Worth of Transactions Since October
Nigeria's central bank digital currency (CBDC), the eNaira, has been used to carry out transactions worth 4 billion naira ($9.3 million) since its introduction in October 2021, the governor of its central bank has said. дальше »
2022-8-19 15:11 | |
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Fed Governor Touts FedNow as Alternative to CBDC
The U.S. Federal Reserve is considering a payment system that could reduce the need for a central bank digital currency (CDBC). Federal Reserve Touts FedNow Benefits A service called FedNow... дальше »
2022-8-18 01:06 | |
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South African Bank Official Slammed for Spreading Misinformation About Crypto
The deputy governor of the South African Reserve Bank has been accused of promoting misinformation surrounding the illicit use of cryptocurrencies. The post South African Bank Official Slammed for Spreading Misinformation About Crypto appeared first on BeInCrypto. дальше »
2022-8-4 20:00 | |
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Australian Central Bank Governor Wants Private Sectors In Charge Of Crypto Assets Issuance
Recent times have seen a wave of calls for regulating the growing sector of cryptocurrencies due mainly to the astronomically increasing adoption rate, as investors and consumers seek protection over the looming economic downturn. дальше »
2022-7-30 16:51 | |
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Private Sector Could Be Better Placed To Issue Digital Tokens, Says Australia Reserve Bank Governor
Digital money is drawing the attention of the public, regulators, and governments worldwide. Several central banks are already at different stages of exploring the role of Central Bank Digital Currencies (CBDCs) in the monetary and payments systems. дальше »
2022-7-28 15:22 | |
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Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor
Nine months after launching the eNaira, the head of Nigeria’s central bank has criticized commercial banks over its lack of adoption. The post Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor appeared first on BeInCrypto. дальше »
2022-7-20 13:30 | |
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Private but regulated tokens could beat CBDCs, Australian central bank chief says
Cryptocurrencies issued by private companies could be better than central bank digital currencies (CBDCs) if the firms are regulated appropriately, Phillip Lowe, governor of the Australian central bank, said on July 17, according to a Reuters report. дальше »
2022-7-19 06:00 | |
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Australian Central Bank bats for private solution to cryptos if...
According to Phillip Lowe, Governor of the Australian Central Bank, a private solution for cryptocurrencies "is going to be superior." That is, as long as risks are reduced by regulations. Lowe expThe post Australian Central Bank bats for private solution to cryptos if... appeared first on AMBCrypto. дальше »
2022-7-18 20:30 | |
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Australian Central Bank Chief Believes Regulated Private Tokens Could Be Better Than CBDCs: Report
Digital currencies focused on consumers and regulated could be better when privately issued rather than by central banks, according to Australian central bank governor. дальше »
2022-7-18 13:46 | |
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Australian Central Bank Governor Prefers Privately Issued Tokens Over CBDCs
Australian central bank governor Phillip Lowe said at a G20 event that regulated private tokens could be better than Central Bank Digital Currencies. The post Australian Central Bank Governor Prefers Privately Issued Tokens Over CBDCs appeared first on BeInCrypto. дальше »
2022-7-18 21:00 | |
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Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials
United States Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues, including stablecoins, Reuters reported. The post Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials appeared first on CryptoSlate. дальше »
2022-7-15 22:00 | |
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South African Central Bank to Look at Regulating Crypto
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on regulating this from a currency point of view" to regarding crypto "as a financial asset that we hope to regulate." дальше »
2022-7-14 19:56 | |
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The Crypto Winter Has Left These Lessons, Says BoE Deputy Governor
Deputy Governor for Financial Stability at the Bank of England Jon Cunliffe addressed the “Crypto Winter”, financial risk in the sector, and regulation. Speaking at an event at the British High Commissioner’s Residence in Singapore, Cunliffe shared four lessons pull out of this sector. дальше »
2022-7-13 01:00 | |
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Bank Indonesia Governor Embraces Crypto and Talks up CBDC
The governor of the central bank of Indonesia believes that cryptocurrencies have the potential to pose systemic risks, but can improve financial inclusion. The post Bank Indonesia Governor Embraces Crypto and Talks up CBDC appeared first on BeInCrypto. дальше »
2022-7-13 22:00 | |
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Bank of England Governor Andrew Bailey Says Crypto Adoption Fuels Assets’ “Extrinsic” Value
Governor of the Bank of England, Andrew Bailey, is not the biggest fan of crypto assets. The 63-year-old British central banker has not relented in his campaign to expose the futility of crypto investments, oftentimes referring to them as without "intrinsic value." дальше »
2022-7-12 16:41 | |
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RBI Governor: Cryptocurrency is a Clear Danger to Financial Stability
India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […] дальше »
2022-7-11 19:33 | |
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Bank of England’s vision for the digital pound differs from China’s model
Bank of England (BoE) Deputy Governor Jon Cunliffe said the digital pound would likely operate as an account-managed instrument at the “trade level,” instead of a direct to retail user currency, Bloomberg News reported, Cunliffe — tasked with overseeing the United Kingdom’s CBDC project — told a panel that policymakers are considering ways to make the […] The post Bank of England’s vision for the digital pound differs from China’s model appeared first on CryptoSlate. дальше »
2022-7-8 18:45 | |
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Taiwan joins growing list of countries developing CBDCs
Taiwan’s central bank is working on developing a central bank digital currency (CBDC) but does not have a clear timeline for when it will be ready for public release, Reuters reported, citing the regulator’s governor, Yang Chin-long. дальше »
2022-6-30 21:30 | |
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BOE Deputy Governor Jon Cunliffe: Crypto Crash Survivors Could Become Future Amazons
Jon Cunliffe, Deputy Governor of Bank of England (BoE) for Financial Stability, posits an imminent emergence of institutional investors with the commercial might of e-commerce giants Amazon and eBay from the rumbles of the current crypto collapse. дальше »
2022-6-29 16:31 | |
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Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says
Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deputy governor at the Swedish central bank. дальше »
2022-6-29 00:00 | |
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BoE’s Cunliffe believes crypto will continue to grow
Speaking at the Point Zero Forum in Zurich, the Bank of England (BoE) Deputy Governor for Financial Stability Jon Cunliffe said that the current crypto market reminded him of the early days of the internet. дальше »
2022-6-24 16:00 | |
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Louisiana State Governor Signs off on Crypto Custody Bill
The governor of Louisiana has signed a bill that will permit financial institutions to offer crypto custody services. The post Louisiana State Governor Signs off on Crypto Custody Bill appeared first on BeInCrypto. дальше »
2022-6-23 13:30 | |
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New York State May Ban Any Crypto Mining Powered by Fossil Fuels
Tick Tick Boom For weeks now, a bill that would ban all crypto mining that uses fossil fuels has languished on the desk of New York's governor, which begs the question — what now? This dramatic story, as reported by The Daily Beast, has gone mostly underreported this week as both the stock market and the […] дальше »
2022-6-19 20:57 | |
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NYC Mayor Adams Opposes Mining Legislation, Calls for ‘Goals Not Bans’
As New York's crypto mining bill aims to limit environmental impact by capping proof-of-work mining, New York City Mayor Eric Adams is set to reportedly ask Governor Kathy Hochul to veto the bill passed by the State Senate earlier. дальше »
2022-6-15 22:30 | |
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NYC Mayor plans to ask Governor Hochul to veto crypto mining bill
Eric Adams, the incumbent Mayor of New York City, plans to ask Governor Kathy Hochul to veto a bill looking to impose a two-year ban on Proof-of-Work (PoW), Adams told Crain’s New York Business. The post NYC Mayor plans to ask Governor Hochul to veto crypto mining bill appeared first on CryptoSlate. дальше »
2022-6-14 16:10 | |
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