3 hours ago | 2 mins read Altcoin News At the end of 2017, the Central Bank began considering the CBDC project. It did not perceive a risk of “erosion” to its banking system. The central Bank of Israe...
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Central Bank of Israel Considering CBDC – Coinpedia – Fintech & Cryptocurreny News Media
Recent research by the Bank of International Settlement revealed that nine out of ten central banks are working on the CBDC project, as digital currency projects are on the top priority list in the co...
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
In December, Nu Holdings went public at an initial valuation of $41.5 billion, making it one of Brazil’s most valuable companies, though its market cap has since fallen to around $17.4 billion. ...
Crypto Exchange Coinbase Forced To Back Out of India as CEO Brian Armstrong Cites Pressure From Central Bank
Crypto exchange Coinbase is backing out of a move to bring its services to India citing heavy pressure from the nation’s central bank. In the latest earnings call, Coinbase CEO Brian Armstrong says th...
Israeli central bank yet to make decision on pursuing CBDC despite public support
The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting the notion, Reuters reported. Bank of Israel considering CBD...
Al-Jazeera Journalist Shot And Killed While Covering Israeli Raid In West Bank
Topline A Palestinian reporter working for Al-Jazeera was shot and killed on Wednesday by Israeli forces as they were conducting a raid in the West Bank town of Jenin, an incident that takes place ami...
Central Bank Unsure About CBDC Despite Growing Public Support
Israel’s central bank said it had received public support for its plans to introduce a digital currency in the belief it would boost the economy. The Bank of Israel (BOI) first considered launching a ...
Bank Of Uganda Warned Traders Against Cryptoasset Business
May 10, 2022 at 13:00 // News The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business. The central bank has not allowed any co...
Central Bank of Nigeria to Upgrade eNaira for More Uses, Including Bill Payments
The Central Bank of Nigeria will launch an upgrade for its eNaira next week. The upgrade will allow the digital currency to be used on a wider range of goods and services, including bill payments. Nig...
Nigeria’s Central Bank says eNaira can be used to make bill payments
The Central Bank of Nigeria (CBN) is advancing its plans for its central bank digital currency. The institution has now said that it will be possible for locals to make bill payments using the eNaira....
The Bank of Tanzania to Introduce CBDC, Strengthening Domestic Payment System
The Bank of Tanzania is actively introducing a Central Bank Digital Currency (CBDC) to strengthen the domestic payment system. Bank of Tanzania Governor Florence Luoga said in an interview on Monday i...
Deutsche Börse Taps SEBA Bank as the New Issuer of Crypto ETNs
Deutsche Börse and SEBA Bank have formed a collaboration that has seen the digital asset bank start issuing four crypto products tradable on the electronic trading platform Xetra and via the Börse Fra...
Nigeria’s Central Bank to Allow Bill Payments in eNaira (Report)
The Central Bank of Nigeria (CBN) will reportedly enable locals to pay their bills, TV subscriptions, and flight tickets using the eNaira. The move is part of a campaign that aims to popularize the fi...
If history repeats itself, the bear market has 6 months of pain ahead, Bank of America’s chief strategist says
U.S. stocks have had a rough start to the year after a standout 2021—and if history is any guide for what’s to come, things could get even worse from here. The S&P 500, which returned nearly 27% t...
Central Bank Of Philippines to Pilot Test CBDC in Q4
The governor of the Philippine central bank said in an interview that they are negotiating with various banks and financial institutions to conduct a pilot test of a central bank digital currency (CBD...
U.S. Targets Bank Execs And G7 Pledges To Cut Off Russian Oil
Topline Members of the Group of Seven committed Sunday to banning or phasing out Russian oil imports, and the United States will sanction three of Russia’s biggest TV channels and 35 Russian banking e...
Uganda central bank issues warning against Cryptocurrencies
Digital currencies are not regulated in Uganda No entity has been licensed as a virtual asset service provider in the country Uganda has seen an explosion in digital currency adoption despite the regu...
Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts
Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. Two analysts from the Wall Street gian...
Kevin O’Leary says ‘you’re actually losing money’ in a bank account — do this simple thing with your hard-earned cash instead
Kevin O’Leary says ‘you’re actually losing money’ in a bank account — do this simple thing with your hard-earned cash instead Despite the Federal Reserve’s increasingly hawkish stance, inflation...
Argentina’s central bank blocks financial institutions from offering crypto
Argentina’s central bank (BCRA) announced today that financial institutions cannot enable their clients to carry out operations using digital assets, just days after two banks said they had open...
Bank of Uganda Issues Warning Against Cryptocurrency ⋆ ZyCrypto
Advertisement     While cryptocurrency adoption is rising globally, some governments remain skeptical of the nascent market. Uganda is just one of these countries, wit...
US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services – Regulation Bitcoin News
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurren...
Bank Of America: Bitcoin Is Not A Portfolio Variegator
Bank of America has recently signified that Bitcoin might not prove to be the best choice for the folks. Bitcoin last witnessed its ATH in November and is underperforming compared to that mark. Bitc...
Bank of America Proves Bitcoin Is Not Portfolio Diversifier
Alex Dovbnya Bank of America has debunked the argument that Bitcoin can function as a portfolio diversifier Bank of America, one of the largest banking institutions in the U.S., has demonstrated that ...
Sixers Can’t Bank On Houston Version Of James Harden To Save Them
MIAMI, FLORIDA – MAY 04: James Harden #1 of the Philadelphia 76ers drives to the basket against … [+] Caleb Martin #16 of the Miami Heat during the first half in Game Two of the Eastern Co...
Argentina’s Central Bank Is Considering Prohibiting Local Financial Institutions From Offering Cryptocurrency Services
Despite the central bank’s tough attitude, Argentina’s digital asset market has been booming for some time. The COVID-19 pandemic hit the country, which had been dealing with an uncertain economy in r...
Based on 19 bear markets in the last 140 years, here’s where the current downturn may end, says Bank of America
At nearly the halfway mark in a volatile year of trading, the S&P 500 index is down, but not out to the point of an official bear market yet. According to a widely followed definition, a bear mark...