2022-6-22 14:07 |
The Gulf State central banker praised the "innovation" of crypto assets. origin »
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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
2022-4-14 22:11 | |
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Hey folks. We’re still talking central bank digital currencies and digital dollars, so this week's State of Crypto has some quick and vaguely unhinged thoughts on recent actions and statements on this front.
2022-4-6 22:47 | |
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The European Central Bank is likely to opt for a centralized solution for its new digital euro – the clue is in the name – raising questions over state snooping, and a harmful impact on innovation.
2022-4-4 08:00 | |
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Soon after the central bank of Russia announced that it is mulling a ban on crypto mining, reports now point otherwise. The Chairman of the State Duma Committee on Industry and Trade, Vladimir GuteThe post Russia might undo its mining ban decision, but Fitch Ratings point at other concerns appeared first on AMBCrypto.
2022-1-26 21:30 | |
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The State Duma Committee on the Financial Market estimated the investments of Russians in cryptocurrencies at 5 trillion rubles. Earlier, the Central Bank stated that the Russians are among the most active participants in the crypto market.
2021-12-28 18:00 | |
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The head of the Russian Central Bank once again voiced the regulator's skepticism towards cryptocurrencies due to their high volatility. Earlier, the State Duma confirmed that they are discussing a complete ban on investing in bitcoin.
2021-12-18 15:12 | |
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Elvira Nabiullina, the Governor of the Bank of Russia, has disclosed that the central bank will only embrace a digital version of the ruble if it meets several conditions within pilot tests. Nabiullina spoke on this matter before the State Duma Committee on Financial Markets on November 15.
2021-11-19 18:58 | |
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Israel is experimenting with its own digital currencies, having kickstarted a trial. The country is leaning on Ethereum to gain a better understanding of the underlying technology behind CBDCs. Central Banks around the world are working to develop their versions of digital currencies to stifle the influence of cryptocurrencies. The State of Israel is not […]
2021-10-28 22:05 | |
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Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate.
2021-10-26 19:00 | |
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The President of Nigeria, Muhammadu Buhari, will formally unveil the much anticipated Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25th, October 2021, at the State House in Abuja.
2021-10-25 18:30 | |
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Discussing Jerome Powell's reappointment as chairman of the Federal Reserve, the state of central banking and more.
2021-10-21 21:06 | |
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Infamous US whistleblower shares his highly negative take on central bank digital currencies, saying that the State wants to be in the center of every transaction
2021-10-10 12:24 | |
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The Chinese central bank is setting up a “coordination mechanism” with state agencies to continue battling crypto.
2021-9-25 13:43 | |
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The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities.
2021-8-18 15:00 | |
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Although the government has stated that a sovereign digital currency will not replace the country’s fiat currency, Vietnam has become the latest country to investigate central bank digital currency (CBDC).
2021-7-13 02:41 | |
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Phạm Minh Chính, Vietnam’s Prime Minister, has instructed the State Bank of Vietnam to study and trial digital currencies. A report unveiled this news on July 3, noting that unlike the central bank digital currencies (CBDCs) of other countries, which run on centralized systems, Vietnam’s will be blockchain-based.
2021-7-6 16:45 | |
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Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlightedRead More
2021-7-5 13:00 | |
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While the future of money shouldn’t be “left entirely to central bankers,” Ravi Menon warns not to discount the possibility of crypto whose widespread use could “lead to an erosion of the nation state’s monetary sovereignty.
2021-7-2 20:15 | |
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A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets.
2021-6-16 14:03 | |
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Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular.
2021-6-1 17:54 | |
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The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […]
2021-4-14 19:15 | |
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State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
2021-4-9 15:46 | |
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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
2021-3-27 15:00 | |
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The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP said Monday.
2021-3-24 11:00 | |
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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.
2021-3-18 19:31 | |
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A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices.
2021-1-12 02:30 | |
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The rise of CBDCs In the past few years, there were only rumors about central bank digital currencies (CBDCs). Issued and controlled by the state, a CBDC refers to the digital version of the national currency that has the potential to replace cash.
2020-12-29 17:39 | |
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International Currencies The Russian state news outlet RT reported that the Central Bank of Russia says digital currencies will challenge current international banking systems. There are more than 30 central banks or other regulators that are researching Central Bank Digital Currencies (CBDCs).
2020-12-26 20:29 | |
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In its latest State of Bitcoin report, Delphi Digital explains that Bitcoin will benefit the most from the pledge made by central banks around the world to do what is needed to keep their economies afloat.
2020-5-14 03:00 | |
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Cryptocurrencies have come a long way from the days when they were almost universally looked at with fear and suspicion. Today, the trend has changed substantially, with governments and central banks The post Are CBDCs a pathway to innovation or instrument of state surveillance? appeared first on AMBCrypto.
2020-3-18 18:00 | |
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India’s central bank, the Reserve Bank of India (RBI) is putting preparations in top gear to file a review petition in the Supreme Court against the court’s verdict in favor of cryptocurrency trading in the state, reports the Economic Times on March 6, 2020.
2020-3-7 16:00 | |
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The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, which was planned in the first quarter of 2020. “The coronavirus outbreak has led to postponed work resumption in government institutions, including the People’s Bank of China (PBC).
2020-2-27 21:43 | |
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The Digital Currency Research Institute within the People’s Bank of China has issued a statement further complicating our expectations for blockchain adoption in the country. There has been consistent media buzz surrounding China’s reorientation towards blockchain as an official state policy.
2020-2-22 11:18 | |
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With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months.
2020-2-3 07:25 | |
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A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.
2020-1-20 21:01 | |
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An Oklahoma lawmaker has come forward with the proposition of creating a financial institution chartered by the state and that functions as a central crypto depository for government agencies in the state.
2020-1-18 01:45 | |
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According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers.
2019-8-12 21:42 | |
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The Indian government has blocked all communication channels including mobile networks, internet, broadband, and landlines since last night in some parts of the northern state of Jammu & Kashmir.
2019-8-5 11:58 | |
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Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating.
2019-6-28 11:41 | |
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Africa Blockchain Conference set to be held from July 3 to July 4 will have Uganda's President Yoweri Museveni as the central attraction. State House Press Secretary Linda Nabusayi also confirmed that the President will host his counterpart, President Julius Maasa Bio of Sierra Leone who will arrive on July 1. Notably, the same conference […]
2019-6-25 19:12 | |
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Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.
2019-6-14 04:03 | |
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Azerbaijan’s State Customs Committee and IBM are set to sign a new agreement that will see blockchain technology being used in customs processes. The new deal signifies the developing cordial relationship between IBM and Azerbaijan government.
2019-6-13 22:46 | |
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Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble.
2019-5-26 01:00 | |
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It was an ignoble end for WikiLeaks founder Julian Assange. After having spent almost seven years defiantly hiding in Ecuador’s London embassy, where he spread state secrets and bodily excretions alike, his tenancy was ended by several burly coppers who dragged him by into a waiting police van as he yelled incoherently about Gore Vidal.
2019-5-1 19:30 | |
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A week-long ban of popular social video creation app TikTok in India has been reversed, according to a report by Reuters, citing two lawyers involved in the case. The Android and iOS apps, however, are yet to return to Apple and Google’s app stores.
2019-4-25 15:02 | |
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The cryptocurrency industry has been in a constant state of evolution since the first day that whitepaper on Bitcoin came out. The whole point of crypto at all is to erase the needs for a central authority, but one of the problems that the market faces is the individuality of all of these platforms. However, […]
2019-4-25 03:33 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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According to the Dawn, a local media outlet, Pakistan’s central bank has announced plans to have a digital currency by 2025. Digital Version of the Pakistani Rupee Speaking about the regulation of Electronic Money Institutions, non-bank entities that will be allowed to issue “e-money” for digital payments, Pakistan’s State Bank Deputy Governor Jameel Ahmad told the audience that digital currency is more efficient.
2019-4-3 04:00 | |
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Jameel Ahmad, the deputy governor of the State Bank of Pakistan, declared that the institution aims to issue a digital currency by 2025
2019-4-2 18:50 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.