Not that long ago, the Central African Republic (CAR) – one of the poorest nations on the continent of Africa – announced that it was basically following in the footsteps of the Central American natio...
Tag: central
U.S. dollar strength continues as global central banks struggle to keep up with the Fed
The U.S. dollar (DX-Y.NYB) screamed higher Friday after the British pound (GBPUSD=X) was whacked when British authorities introduced a new stimulus package consisting of fresh spending and tax cuts. I...
Kenyan Central Bank reiterates stance on crypto 1
The Kenyan Central Bank has voiced its displeasure towards a new proposal regarding digital assets in the country. According to the bank governor, it will be crazy for anyone to think and feel that th...
Russian Central Bank Is Reviewing Moscow Exchange’s Draft Bill on Crypto: Report
After reconsidering its position on cryptocurrencies following the outbreak of the war, Russia is now looking to enable provisions for digital assets trading. Moscow Exchange, the largest exchange org...
Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin – Africa Bitcoin News
The Kenyan central bank governor Patrick Njoroge has described as “craziness” the calls to convert Kenya’s reserves into bitcoin. He added that he would have to be out of his mind before agreeing to t...
Coinbase Receives Registration Approval From Dutch Central Bank
Coinbase becomes the first major exchange to receive DNB registration approval. The platform will be able to offer a full range of crypto products to customers in the Netherlands. The prominent crypto...
Central Bank Of Russia Approves Bitcoin, Ethereum, Others, For Cross-Border Payments
Russia has been leaning towards cryptocurrencies such as Bitcoin and Ethereum in recent times. Sanctions against the country since it began its evasion of Ukraine had piled up, and the government had ...
Dutch Central Bank Grants Regulatory Approval to Coinbase
Coinbase has now ventured into new territory. The global crypto exchange platform has received regulatory approval from the Dutch Central Bank, also known as De Nederlandsche Bank (DNB). This action a...
Coinbase enters the Netherlands with central bank approval
The United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the land of tulips. Coinbase officially announced...
Coinbase Secures Registered VASP from Dutch Central Bank
Nasdaq-listed digital currency trading giant Coinbase Global Inc has announced its official registration as a Virtual Asset Service Provider (VASP) with the Dutch Central Bank (De Nederlandsche Bank —...
Report Shows NFTs Lead Central And South Asia’s Crypto Adoption
Crypto adoption has grown significantly in the last two years. It is one of the fastest-growing trends ever experienced in the market, which is expected to continue over time. A look into the growth t...
Ethereum NFTs Are Driving Crypto Adoption in Central and South Asia: Report
NFTs have become the biggest crypto on-ramp for countries in Central and Southern Asia, as well as Oceania, according to a report from Chainalysis on Wednesday. The blockchain analytics firm noted th...
Iran Begins Central Bank Digital Currency ‘Crypto Rial’ Pilot Today – Featured Bitcoin News
The Central Bank of Iran (CBI) has reportedly begun a pilot for its central bank digital currency (CBDC), also known as “crypto rial.” Iran’s chamber of commerce explained that the “crypto rial has be...
Fed Rate Hike: Cryptos Hammered As Central Bank Pumps Interest Rates By 0.75 Points
The much-anticipated Fed rate hike is now out and, as expected, dealt a heavy blow to the broader crypto market on Wednesday. The U.S. Federal Reserve increased its policy interest rate by three-quart...
US Central Bank Announces 75 Basis Point Rate Hike to Combat Inflation
Following the Fed announcement on Wednesday, the US equity market corrected leading to a similar drop in crypto assets. Bitcoin dropped 2% and Ether by 6% in the last 24 hours. On Wednesday, September...
Kenya’s Central Bank Governor Finally Sees The Push For Bitcoin
BTC Price at the time of writing – $19,309.68 BTC’s Market Cap is up by 2% over the last 24 hours Adopt cryptocurrencies only if they provide a solution to a specific issue – Experts Kenya’s legislati...
Sweden’s central bank launches 100 basis point rate hike
Sweden’s Riksbank launched a 100 basis point hike to interest rates on Tuesday as it looks to rein in inflation. Mikael Sjoberg/Bloomberg via Getty Images Sweden’s Riksbank on Tuesday laun...
Kenya’s central bank governor admits pressure to convert country’s reserves into Bitcoin
Kenya’s central bank governor Patrick Njoroge has admitted to receiving external pressure from crypto proponents to convert the country’s reserves into Bitcoin (BTC). According to Njoroge, the idea c...
European Central Bank Finalize 5 Partners For Digital Euro, Including One Ripple Partner
– Advertisement – European Central Bank Selects Five Companies for digital Euro Prototype Testing. The European Central Bank (ECB) is to trial five prototype digital euro wallets in what i...
3 central banks set to raise rates this week
The week ahead starts slow as there is a bank holiday in Japan and the United Kingdom. However, it is just the calm before the storm, as several central banks will issue their new monetary policy late...
Why Amazon Was Chosen By The European Central Bank To Develop Its Digital Euro
Amazon, the American multinational technology company, has been chosen by the European Central Bank (ECB) alongside four other companies to provide assistance in developing user interfaces intended fo...
European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
The European Central Bank, or ECB, has announced it will be collaborating with five companies for the development of potential digital euro user interfaces. In a Friday announcement, the ECB said it h...
Central Bank of Bahrain plans to test Bitcoin payments through OpenNode
Join Our Telegram channel to stay up to date on breaking news coverage The Central Bank of Bahrain plans to test a Bitcoin payment processing and payout solution. The solution will be launched in part...
European Central Bank Choses Five Companies To Test Use Cases For The Digital Euro
The European Central Bank chose Amazon and other small number of corporations among 54 candidates to assist in the development of its CBDC prototype, the “Digital Euro.” On September 16, the European ...
Central Bank of Bahrain to Test BTC Payment Processing Solution
The Central Bank of Bahrain (CBB) is planning to roll out a Bitcoin payment processing and payout solution in partnership with Bitcoin payment processor OpenNode. OpenNode released a press statement i...
Central Bank of Argentina Added New Compliance Rules for Digital Wallets
The Central Bank of Argentina granted the digital wallet companies three months to implement the rules. Digital money and crypto are becoming popular in Argentina, drawing regulators’ atte...
Central Bank of Bahrain to Test Bitcoin Payments
BTC Price at the time of writing – $20,120.68 OpenNode to provide the infrastructure for the solution Bahrain licensed the local crypto exchange – CoinMENA The National Bank of Bahrain is set to test ...
Egypt’s Central Bank Issues Crypto Warning
Violators now Risk Imprisonment CBE has issued a fresh warning about cryptocurrency Crypto is not issued or backed by the central bank The National Bank of Egypt has given a crisp admonition about di...
Uruguay To Bring Digital Assets Under The Control of Central…
A cryptocurrency bill has been submitted to parliament which would grant the Central Bank of Uruguay (BCU) the authority to control virtual assets. The bill’s objective is to provide clarification on ...
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December – Coinotizia
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Worki...