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Tag: central
Fed can’t stop hiking interest rates even if there is a recession, former top central banker says
The Federal Reserve has to emulate Mario Draghi and do “whatever it takes” to bring inflation down and that means continuing to raise interest rates even if there is a recession, said former Richmond ...
European Central Bank Hikes Interest Rates in Surprise Move, Bitcoin Remains Steady
The European Central Bank (ECB) on Thursday raised interest rates by 50 basis points (0.5 percentage points) and therefore brought its deposit rates back to zero from -0.5%. The hike was a surprise mo...
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments hav...
Crypto Exchange Gemini Secures License From Ireland’s Central Bank – crypto.news
Major cryptocurrency exchange Gemini recently obtained approval from the Central Bank of Ireland (CBI) to operate as a virtual asset service provider in the country. The latest development comes short...
European Central Bank Raises Interest Rates For The First Time In 11 Years As Global Inflation Surges
Topline The European Central Bank on Thursday authorized its first interest rate hike in 11 years in a bid to help cool rising inflation, becoming the latest central bank to more aggressively unwind p...
Tighter Crypto Regulations Says Singapore’s Central Bank, Here’s Why
Singapore has decided to strengthen and broaden its crypto regulatory framework amid the crypto downturn. Monetary Authority of Singapore (MAS) is set to toughen the framework on crypto platforms over...
Central Bank of Ireland approves Gemini as a registered VASP
Gemini, one of the largest cryptocurrency exchanges, has become Ireland’s first registered virtual asset service provider (VASP). The exchange, owned by Cameron Winklevoss and Tyler Winklevoss, has re...
Central African Republic’s crypto experiment is reckless
I’m not entirely sure what is going on in the Central African Republic (CAR). More importantly, citizens of the country don’t either. Who are the Central African Republic ? Despite possessing vast nat...
Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies – Regulation Bitcoin News
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurr...
Central African Republic Intends to Raise $1 Billion By Creating SANGO, Its National Digital Currency
– Advertisement – The Central African Republic will raise one billion dollars by releasing first-of-its-kind digital money, known as the “SANGO.” By releasing the first national digital ...
Binance: $3.3 million fine from Dutch central bank
The Central Bank of the Netherlands (De Nederlandsche Bank, DNB) has imposed a $3.3 million fine on the famous crypto exchange Binance for offering services to the Dutch market without the required re...
PoW and PoS Are Like Petroleum And Electric Cars In The Crypto World: The European Central Bank
European Central Bank Published a report and compared Pow with Petrol vehicles and PoS with Electric vehicles. Tesla halted accepting BTC payments in 2021 and will resume after green energy cons...
‘Singapore-based’ Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
The MAS, the country’s central bank, is continuing to distance itself from embattled crypto firms with ties to the Southeast Asian nation. In June, the MAS reprimanded Singapore-born Three Arrow...
Dutch Central Bank Imposes $3.3 Million Fine on Crypto Exchange Binance
De Nederlandsche Bank (DNB) has fined cryptocurrency exchange Binance 3.3 million euros ($3.35 million) for offering services in the Netherlands without the appropriate license. In a statement release...
Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function – Emerging Markets Bitcoin News
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial instit...
Central Bank Tightening Crypto Regulations Against Terra-LUNA And 3AC Crisis
The central bank and financial regulatory body in Singapore, the Monetary Authority of Singapore (MAS) intends strengthening crypto regulations to prevent Terra-LUNA and Three Arrows Capital (3AC) lik...
Dutch Central Bank Imposes Over $3M Fine on Binance for Offering Services to Dutch Citizens without Required License
Binance has received a fine from the Dutch governing bank for violating its Money Laundering and Terrorist Financing Prevention Act. The Dutch Central Bank (DNB) has awarded leading crypto exchange Bi...
Private but regulated tokens could beat CBDCs, Australian central bank chief says
Cryptocurrencies issued by private companies could be better than central bank digital currencies (CBDCs) if the firms are regulated appropriately, Phillip Lowe, governor of the Australian central ban...
Binance slapped fine of more than 3 million Euro by Dutch Central Bank
Binance has remained resilient despite the ongoing changes in the market. Its head Changpeng Zhao has expressed his trust in the company and shared plans to expand further. He was one of those CEOs wh...
Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations – Regulation Bitcoin News
The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed aga...
Sri Lanka’s Central Bank Warns The Public Against Crypto Purchases Despite The Economic Crisis ⋆ ZyCrypto
Advertisement     The Central Bank of Sri Lanka has warned the public against engaging in crypto-related activities citing the lack of regulations and accompanying ris...
Dutch Central Bank Nukes Crypto Exchange Binance With $3.4 Million Fine ⋆ ZyCrypto
Advertisement     De Nederlandsche Bank (DNB) — the Dutch central bank — has whacked cryptocurrency exchange Binance with a $3.4 million fine for operating in the Neth...
India’s Central Bank Plans to Ban Crypto
Alex Dovbnya India’s FM claims that strong international collaboration is needed in order to implement cryptocurrency ban The Reserve Bank of India (RBI) is seeking a blanket ban on cryptocurren...
Binance Fined 3.3M Euros by Dutch Central Bank For Non-compliance
2 hours ago | 2 mins read Exchange News The DNB’s General Fine Setting Policy was used when calculating the amount. DNB’s investigation took longer than expected, resulting in higher penalties for the...
Binance Fined $3.4 Million By Dutch Central Bank
Cryptocurrency exchange Binance has been fined $3.4 million (3.3 million euros) by the Dutch central bank for operating in the Netherlands without registration. The penalty comes after Binance was iss...
Australian Central Bank bats for private solution to cryptos if…
According to Phillip Lowe, Governor of the Australian Central Bank, a private solution for cryptocurrencies “is going to be superior.” That is, as long as risks are reduced by regulations. Lowe expres...