Jerome Powell – MANDEL NGAN/ AFP The head of the Federal Reserve has warned US families to expect “pain” as he rallied central bankers around the world to continue cracking down on inflation wit...
Tag: central
Afghan police close down cryptocurrency exchanges to enforce central bank ban: Report
Police have closed down at least 16 cryptocurrency exchanges in the Herat province of western Afghanistan in the last week, according to a report in Ariana News, an independent news outlet in that cou...
India’s Central Bank Governor Warns Crypto Market May Crash and Small Investors Will Lose Money – Markets and Prices Bitcoin News
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from i...
Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing – Regulation Bitcoin News
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto indust...
From Russia’s Borders To The Middle East And Central Asia, Strategic Balances Are Shifting
The US has just bombed Iranian IRGC bases in Syria. Strategic power blocs are shifting tectonically and no one seems to have noticed. To do so you have to connect the dots of seemingly unrelated incid...
Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises – Economics Bitcoin News
The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per ...
Bitcoin price in limbo as Fed Chair prepares to address global central bankers
The volatility of the cryptocurrency market continues to be relatively low as investors prepare for the pivotal speech that will take place in Jackson Hole, Wyoming, on August 26, where the Chairman o...
The central bank of the Philippines permitted two more digital banks
The central bank of the Philippines permitted UnionDigitalBank, Inc. and GoTyme Bank Corporation Only three banks are fully operational. Bangko Sentral ng Pilipinas (BSP) has given Certificates ...
Ghana Central Bank Announces Launch of Regulatory Sandbox – Africa Bitcoin News
Ghana’s recently launched regulatory and innovation sandbox is the latest proof of the central bank’s commitment to a regulatory environment that promotes “innovation, financial inclusion and financia...
Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’ – Emerging Markets Bitcoin News
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of ...
Indian Central Bank Governor Said That the Bank’s Warnings Pushed People to Stay Away From Crypto
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Nigeria’s Central Bank Targets 8 Million Users in CBDC Drive – crypto.news
Nigeria is seeking to double the number of users of its digital currency before the end of the year by wooing more unbanked people. The Central Bank of Nigeria (CBN) launched the e-Naira in October 20...
Central banks’ best kept secret
Who knows that the existing monetary system is stealing the wealth of the people? Or that this has been happening for many decades? Bitcoin is the best chance the world’s population has to escape cent...
Manchin’s Permitting Side Deal Highlights The Energy Transition’s Central Conundrum
WASHINGTON, DC – AUGUST 16: Sen. Joe Manchin (D-WV) looks to Senate Majority Leader Chuck Schumer … [+] (D-NY) after U.S. President Joe Biden signs The Inflation Reduction Act in the State...
South African Central Bank Releases Crypto Risk-Assessment Note
The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The document, released by the Reserve Bank’s Prudential Author...
CBDC is crucial for financial stability – European Central Bank
The European Apex Bank has registered a strong belief in Central Bank Digital Currency (CBDC). According to the financial institution, CBDC will aid the seamless continuation of the traditional moneta...
European Central Bank outlines the way forward on digital asset licenses
The European Central Bank (ECB) has paved the way for the licensing of digital assets. The institution plans that these licensing requirements will play a central role in developing a harmonized crypt...
South America’s Second-Most Populous Country Considering Central Bank Digital Currency, Says Tax Agency Official
A top official who oversees Colombia’s financial regulation and tax collection agency says that the second-most populous South American nation is exploring the idea of rolling out its own digital curr...
European Central Bank addresses guidance on licensing of digital assets
The European Central Bank, or ECB, laid the foundation for the criteria it would be considering when harmonizing the licensing requirements for crypto in Europe. In a Wednesday statement, the ECB’s ba...
Central Bank Hawkishness Hasn’t Faded Yet Despite Lower Inflation
Fed Chairman Jerome Powell. More interest rate hikes to curb inflation. As it is now, anyone who got … [+] a 5% raise last year has last it all, and then some. (Photo by Scott Olson/Getty Images...
Brazilian Central Bank hopes for new progress in the crypto world
According to Campos, not the famous goalkeeper but the president of the Brazilian Central Bank, the national and international agreements that form the legislative structure within which terms the cry...
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies – Coinotizia
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necess...
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies – Regulation Bitcoin News
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necess...
Crypto needs ‘enabling environment,’ Philippines central bank says
Amid the rising cryptocurrency adoption in the Philippines, the country’s central bank is seeking measures to better protect investors through elevating local crypto awareness. The Philippine central ...
Central Bank Governor Reminded Crypto Trading or Investing Not Legal in Iran
Ali Salehabadi, the governor of the Central Bank of Iran (CBI) in a statement given to a local media has said that the crypto trade or investment is banned. However, the authorized entities and indivi...
Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates – Coinotizia
It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrenci...
Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates – Regulation Bitcoin News
It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrenci...
Russia’s Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024
The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs). The Central Bank of Russia emphasized th...