A representative of the Central Bank of Russia (CBR) said private stablecoins are fraught with risks as the underlying pool of assets “does not belong to the owner.” In turn, this potentially means fa...
Tag: central
At Least 20 Dead Including Three Children After Russian Missile Strike On Central Ukraine City
Topline At least 20 people were killed on Thursday after a barrage of Russian missiles struck residential and office buildings in the central Ukrainian city of Vinnytsia, in a continuation of strikes ...
European Central Bank hints at PoW-based crypto ban by 2025
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in July. As expected, the report specifically mentioned Bitcoin. ...
Sri Lanka’s Central bank warns public on possible risks in crypto trade
Sri Lanka is in the midst of a political and economic crisis, and its central bank has issued a warning to the public not to use cryptocurrencies. The Central Bank of Sri Lanka (CBSL) has warned that ...
Sri Lanka’s Central Bank Warns Public Against Cryptocurrency Investments – crypto.news
The Central Bank of Sri Lanka (CBSL) has warned the public against investing in digital assets. According to reports, the government fears consumers will be left exposed to operational and security ri...
French Central Bank Announces Next Stage of Wholesale CBDC Program
France’s central bank said it would be accelerating its plans for a wholesale central bank digital currency (CBDC) program. The Banque de France should be ready to support the European Union’s distrib...
Sri Lanka’s Central Bank Keeps Crypto Illegal Amid Economic Collapse
The Central Bank of Sri Lanka (CBSL) has issued a notice on cryptocurrencies reiterating its stance as the country’s economy continues to crumble. On July 12, Sri Lanka’s central bank issued a public ...
French central bank head announces Phase 2 of wholesale digital euro project
The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque de France governor François Villeroy de Galhau said Tuesday. Four ...
Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence
Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight. In a Tuesday notice, the CBSL said ...
The Central Bank of Russia opposes private stablecoins
For an extended period, Russia’s financial systems have opposed private stablecoins. This is especially true of the Central Bank of Russia. In a new episode of the long-standing rivalry between The Ce...
Sri Lanka’s central banks says crypto remains illegal amid economic turmoil
Amid the ongoing financial turmoil in Sri Lanka that has seen the nation run out of cash, cryptocurrencies have been fronted as a possible solution to rescue the country. However, the Central Bank of ...
Report urges central banks to work together on digital currency interoperability
International agencies are urging central banks to consider interoperability early in the design of central bank digital currencies (CBDCs). The Bank for International Settlements (BIS) Committee on P...
Binance secures Virtual Asset Services Provider license from Spanish central bank
Binance CEO Changpeng ‘CZ’ Zhao announced on July 8 that subsidiary company Moon Tech Spain had secured a Virtual Asset Services Provider (VASP) license from the Bank of Spain. #Binance secures Virtua...
Binance Granted Crypto Registration From Spanish Central Bank
Key Takeaways Binance’s Spanish subsidiary Moon Tech Spain, S.L. has been granted a Virtual Assets Services Provider registration by the Spanish central bank. The registration gives Binance appr...
Ondo Finance and Oasys Games Raising Funds, Voyager Runs Bankrupt, Central African Republic Launches Native Crypto – crypto.news
Fundraising continues with Ondo Finance and Oasys Games announcing successful rounds. Voyager files for bankruptcy and Singapore appears set on imposing sanctions to crypto trading. Ondo Finance Raise...
Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation – Bitcoin News
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of mo...
UK Central Bank Demands Stricter Crypto Rules after Recent Market Crash
The Bank of England has said that considering the current crypto mayhem, stricter market rules are essential in order to avoid any major risks to financial stability. Amid the recent market turmoil, t...
Still No Plan for US Central Bank Digital Currency After Latest Fed Meeting
The U.S. appears to be stalling on developing a central bank digital currency, with policymakers at the Federal Reserve discussing the technology but not revealing whether they’ve made any progress on...
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move – Coinotizia
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only s...
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move – Bitcoin News
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only s...
Central African Republic Launches National Crypto Hub Project Sango
The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin (BTC) with the recent launch of Project Sango, a National crypto hub. Having been teased...
Europe’s Central Bank To Raise Warning Over Crypto Laws
The European Commission (EC) has already shown its concern over the need for strict crypto regulation. In this bid, the European Central Bank (ECB) will be issuing a warning to the Eurozone countries ...
Sango Coin – Central African Republic Introduce National Cryptocurrency – Coinpedia – Fintech & Cryptocurreny News Media
The President of Central African Republic (CAR), Faustin-Archange Toudéra, in a virtual broadcast event named “Sango Genesis Event” on Sunday, launched the country’s national cryptocurrency, Sango Coi...
Singapore’s Central Bank Wants to Limit Retail Participation in Crypto
Key Takeaways The Monetary Authority of Singapore’s chairman told the Singaporean Parliament today that the central bank may seek to limit retail participation in the crypto markets. It also pla...
Central African Republic launches national cryptocurrency called ‘Sango Coin’
President Faustin-Archange Touadéra of the Central African Republic (CAR) launched Sango Coin as the country’s national cryptocurrency in a virtual event broadcast on Sunday. Dubbed the “Sango G...
Central African Republic launches a cryptocurrency dubbed “Sango Coin”
The President of the Central African Republic, Faustin-Archange Touadera, has unveiled Sango Coin. Sango is a national cryptocurrency for the CAR, and it would allow the country to continue supporting...
Russia: central bank wants to legalize crypto mining
The head of the Russian Central Bank’s financial technology department, Kirill Pronin, said the country’s monetary authority would be ready to support the legalization of cryptocurrency mining. Russi...
King Car Deposed On Rue Royale As Works Start To Remove Motor Traffic From Central Brussels
Works have today started to remove “king car” from Rue Royale in central Brussels. Carlton Reid Works started today to remove motor traffic from strategic streets in downtown Brussels. Con...
Central African Republic Crypto Hub Initiative ‘Sango’ Goes Live
Sango Coin and The Crypto Island, a metaverse platform, are both in the works. The World Bank declared in May that it would not be “supporting Sango.” Government-backed Sango crypto hub project in the...
Central African Republic (CAR) Launches Sango Crypto Hub
The Central African Republic’s Sango crypto hub is set to launch today. President Faustin-Archange Touadéra tweeted the website and said that it would spark innovation. President Faustin-Archange Toua...