During an event called Sango Genesis Event, Faustin-Archange Touadéra, President of the Central African Republic (CAR) launched Sango Coin as a state crypto. Central African Republic launches Sango Co...
Tag: central
The Central African Republic Unveils Sango Project, Disappoints The World
The Sango Genesis Event was revealing. Apparently, the Central African Republic president is as confused as MiamiCoin Mayor Francis Suarez and New York Mayor Eric Adams. Both of them got elected under...
Sango: Central African Republic launches initiative for financial inclusion
Central African Republic is one of those states that have continued to adopt crypto and other digital technologies. It had followed the suit of El Salvador to adopt Bitcoin as the legal tender for the...
New Crypto Hub for Central African Republic; Here’s what’s next
The Central African Republic (CAR) has launched the Sango crypto-hub initiative. It is funded by the government to promote the expansion of the regional market for digital assets. The Sango initiative...
Sango crypto hub goes live in the Central African Republic
The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows the CAR’s a...
Euro at Risk of a Rotten Summer as Central Bank Policies Diverge
(Bloomberg) — There’s more pain ahead for the euro even after the currency’s worst start to a year since 2015, according to Bank of America Corp. strategists. Most Read from Bloomberg With the E...
Bitcoin Legalization Pushed By Mexican Senator, Despite Central Bank’s Opposition
Bitcoin has a strong ally in Mexico. The crypto must be accepted as a legal tender, a Mexican senator said. Senator for the state of Nuevo León, Indira Kempis, is certain that Bitcoin must be recogniz...
UK, US eye central bank digital currencies and stablecoins in London meeting
The United Kingdom and the United States huddled in London this week to discuss crypto and digital asset regulation, ahead of a financial working group meeting between the two nations later this month...
French Central Bank Governor Seeks Partnership Between Private Crypto Tech And Banks ⋆ ZyCrypto
Advertisement     François Villeroy de Galhau, French banker and governor of the Central Bank of France, has noted that the financial system would immensely benefit fr...
Central African Republic Reveals Launch Date Of Crypto Initiative
Advertisement     Central African Republic’s president Faustin-Archange Touadéra has disclosed the launch date for the country’s upcoming crypto initiative dubbed The ...
Russian central bank exec is OK with crypto mining under one condition
Kirill Pronin, head of the Russian Central Bank (CBR)’s department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgme...
India’s Central Bankers Ring Danger Bells On Crypto, Yet Again
After reiterating the Reserve Bank of India’s (RBI) stance on cryptocurrencies last month, Governor Shaktikanta Das has in Thursday made a new comment. When the crypto market collapsed last month than...
Taiwan’s Central Bank Ramps Effort To Launch Interest-free CBDC Soon
13 hours ago | 2 mins read Altcoin News CBDC that pays interest on digital asset deposits would probably replace bank deposits. Taiwan’s CBDC pilot program is presently distributed to five chose...
CBDCs Are Natural Evolution Necessary to Protect Fiat Monetary System: Swedish Central Banker CBDCs an Evolution of Central Banks, Necessary to Protect Fiat Monetary System: Swedish Central Banker
CBDCs are an investment to protect the fiat-based monetary system. Cash is on its way out, and its share as a medium of payment will significantly reduce in the coming years. For central banks to stay...
Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC – Bitcoin News
Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has...
Qatar Central Bank Governor: Qatar Is Exploring Pros & Cons Of CBDC
Contrary to what many people assume, Qatar is not among the countries hesitant to explore the central bank digital currency (CBDC). H E Sheikh Bandar bin Mohammed bin Saoud Al Thani, the governor of t...
Central Bank of Morocco Ramping Efforts on Crypto Regulatory Law
11 hours ago | 2 mins read Bitcoin News Morocco’s measure may not be a ban but rather a welcoming policy. Anti-terrorism funding and money laundering are topics to be addressed in the measure. Accordi...
Qatar is working on a central bank digital currency
Sheikh Bandar, the governor of the central bank of Qatar, has outlined the country’s progress with its central bank digital currency (CBDC). Qatar’s plans for a CBDC align with other central banks glo...
Morocco’s Central Bank To Introduce A Crypto Regulation Bill Soon ⋆ ZyCrypto
Advertisement     Morocco has joined a growing list of countries pivoting towards drafting and passing comprehensive cryptocurrency laws, even as the adoption rate of ...
Central African Republic president launches crypto initiative following Bitcoin adoption
Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure. In ...
INX And SICPA Sign A Groundbreaking Memorandum of Understanding To Establish a Joint Venture to Develop An Innovative Central Bank Digital Currency Ecosystem To Support Monetary Sovereignty
Toronto, Canada, 28th June, 2022, Chainwire The proposed joint venture will lead the development of blockchain-based technology solutions to create a central bank digital currency ecosystem to help go...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value – Economics Bitcoin News
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value – Coinotizia
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central...
Central Bank of Morocco to introduce Bitcoin and crypto regulation bill
Morocco is joining the list of countries aiming to formally control the crypto sector by reportedly working on a final regulatory framework to guide the market. The country’s central bank, Bank Al-Ma...
Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon – Regulation Bitcoin News
The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory...
Central African Republic President Reveals Crypto Hub Launch Date
Faustin-Archange Touadéra – President of the Central African Republic (CAR) – has announced that his nation’s burgeoning crypto hub will launch on July 3rd. The initiative (also known as the “Sango” p...
World’s Most Aggressive Central Bank Raises Key Rate to 200%
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Zimbabwe’s central bank raised interest rates to a record ...
Customers Trust in Banks More than in Crypto, France Central Bank Governor Says
François Villeroy de Galhau, the Governor of the Bank of France, on Sunday said the recent crypto market meltdown caused by massive sell-offs has pushed consumers to trust more in banks than digital a...
Russia Strikes Central Ukraine Mall With More Than 1,000 People Inside, Zelensky Says
Topline Russia on Monday struck a mall in central Ukraine that had more than 1,000 people inside, Ukrainian President Volodymr Zelensky said, sharing a video that appeared to show massive fires at the...
France’s central bank says users have more trust in banks than cryptocurrencies
France central bank governor François Villeroy de Galhau has suggested that the recent happenings in the cryptocurrency market characterised by massive sell-offs have pushed people to trust more in ba...
CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor – Emerging Markets Bitcoin News
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digit...
African Central Banks Are testing different Digital Currencies
Following the launch of the e-Naira in Nigeria in October, several central banks in sub-Saharan Africa are investigating or testing out a digital currency. After the Bahamas, Nigeria was the second na...