The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the...
Tag: central
Japan’s central bank shelves plans for CBDC due to a lack of public interest
Despite testing the technical feasibility of the issuance of a central bank digital currency (CBDC) since 2021, and starting the second phase of the experimentation in April, Japan’s central bank has ...
Japan’s central bank scraps CBDC plans due to lack of interest from public
The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment. Cash rules everything around Japan Like ma...
Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs – Regulation Bitcoin News
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigeri...
Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products – Regulation Bitcoin News
The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These saving...
The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations – Coinotizia
A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a ...
The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations – Emerging Markets Bitcoin News
A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a ...
Australian Central Bank Governor Wants Private Sectors In Charge Of Crypto Assets Issuance ⋆ ZyCrypto
Advertisement     Recent times have seen a wave of calls for regulating the growing sector of cryptocurrencies due mainly to the astronomically increasing adoption rat...
Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators – Economics Bitcoin News
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association ...
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days – Africa Bitcoin News
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25....
One of the greatest financial historians alive says central bankers have been incompetent for decades and inflation is our ‘big hangover’
Who or what is responsible for the rampant inflation plaguing the global economy? President Biden has argued the key culprit is Russian President Vladimir Putin and his war in Ukraine, going so far as...
IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks – Emerging Markets Bitcoin News
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. Th...
Central African Republic begins public sale of Sango Coin
Sango Coin, the national cryptocurrency of the Central African Republic (CAR), is now on sale according to details on the Sango project website. The public sale began on Monday with the 200 million Sa...
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’ – Economics Bitcoin News
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central ba...
Central African Republic’s Sango Coin sales go live, records only $1.09 million in 24 hours
Central African Republic’s Sango coin, which started selling on Monday, June 25, has recorded only $1.09 million in sales after 24 hours of the offering. The government of CAR launched its digital cur...
Central African Republic Begins Sales of Sango Coin
The Central African Republic (CAR), a landlocked country in Central Africa, rolled out the launch and sales of its national cryptocurrency called “Sango Coin” on Monday, July 25, as planned. However, ...
Philippine Central Bank Governor in favour of Cryptocurrency
Governor of the central bank of the Philippines doesn’t want crypto banned Do not invest money in crypto that you can’t afford to lose – Governor BTC Price at the time of writing – $21,087...
Argentina Central Bank will not sell dollars to crypto investors
The Central Bank of Argentina has provided new restrictions targeting citizens and companies that have bought cryptocurrencies to hedge against the country’s depreciating fiat. The institution will on...
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All – Economics Bitcoin News
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. H...
Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’ – Regulation Bitcoin News
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to ...
CBDCs will be the all-controlling tool that leads to central bank tyranny – bitcoin is the way out
With 105 countries now investigating the potential implementation of a CBDC as their preferred form of currency, it is looking increasingly likely that the attempt will be made to make these digital u...
Head of African Regional Central Bank Calls for Creation of Digital Currency – Emerging Markets Bitcoin News
The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belongi...
Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blocksteam CEO Adam Back – Here’s Why
The chief executive officer of blockchain technology company Blockstream says people are better off using fiat currencies or stablecoins than holding central bank digital currencies (CBDCs). Adam Back...
Central Banks and Governments are very slow in regulating cryptocurrency: Rogoff
Central banks and the government are “way behind the curve”: Rogoff Rogoff gave an interview to Bloomberg and commented on the same The professor of Economics at Harvard University, Kenneth Rogoff sai...
Board of the Bank of Central African States set to launch a CBDC
The Bank of Central African States is set to launch a central bank digital currency (CBDC). This bank serves several regions, including Cameroon, Chad, Equatorial Guinea, the Republic of Congo, the Ce...
‘Glorious’ Is A Fun Weird Horror Outing with a Wonderfully Unhinged Central Performance
Glorious Shudder If you’re heartbroken, hungover, or drowning in self-hatred, it doesn’t matter… never converse with a voice in the adjacent stall of a truck stop bathroom. It’s a lesson that he...
Board urges Bank of Central African States to introduce common digital currency: Report
The Bank of Central African States, or Banque des États de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be...
Bank of Central African States to introduce common digital currency
The Central African Republic passed legislation adopting Bitcoin as legal tender in Apri African nations could face significant challenges introducing cryptocurrencies CAR is yet to recognize CBDC Th...
Indonesia’s Central Bank Banking Heavy on Digital Rupiah Launch
18 mins ago | 2 mins read Altcoin News The conceptual design of the future digital rupiah would be released by the end of 2022. The digital rupiah’s security measures are now being developed by Bank I...
Central African States Bank Board Urges Adoption of Uniform Digital Currency
The board of the Bank of Central African States (Banque des États de l’Afrique) has urged the regional financial authority to create a uniform digital currency that will serve the region. Bloomberg re...
Central African Regional Bank Seeks to Introduce Common Digital Currency
The board of the Bank of Central African States (BEAC) has urged the central bank (serving six central African countries) to introduce a common digital currency that can be used across its six member ...
Funding Rounds with Hashflow and Kucoin, European Central Bank Hikes Interest Rates, Coinbase’s Ex-employee Arrested for Insider Trading
Funding rounds continued as Hashflow raised $25 million, while Kucoin received a $10 million strategic investment. Ex Coinbase employee arrested for insider trading, while the ECB hikes interest rates...