On Friday, Central Africa’s regional banking organization issued a warning about its restriction on cryptocurrencies only weeks after the Central African Republic (CAR) declared bitcoin lawful money. ...
Tag: central
Central Bank of Chile Studies Issuance of a Digital Currency – Bitcoin News
The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” wh...
Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans
According to sources, the BCRA’s decision generated bewilderment among the numerous exchanges operating in Argentina, which have recorded high growth rates in the last three years, largely becau...
Argentina Central Bank Raises Rate to 49% As Inflation Jumps
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Argentina’s central bank raised interest rates for the fif...
Central Bank of Chile Delays Launch of CBDC in the Country Till Year End
2 hours ago | 2 mins read Editors News A preliminary review of a Chilean CBDC was included in a May 11 report from the bank. Cryptocurrencies are not banned in Chile, but the government is concerned. ...
MARA-backed by Coinbase to aid Central African Republic in Bitcoin adoption
Coinbase-upheld MARA will prompt bitcoin reception foundation in the Central African Republic The organization has prescribed CAR’s administration to handle the issues of web infiltration and distingu...
Coinbase Hopes To Get Back To India, Despite Central Bank’s Hard Crypto Approach
Coinbase, the prominent crypto exchange that backed off with its business in India, was due to its firm stand against digital assets. The governing body of UPI earlier stated that it was not aware of...
Coinbase’s Services Halted by Indian Central Bank, Here’s Why
Arman Shirinyan One of the biggest trading platforms in the world is now having problems with one of the biggest crypto markets in the world According to a recent Bloomberg article, India’s cent...
Coinbase Positive About India Return But Will the Central Bank Soften its Crypto Stance?
Coinbase CEO Brian Armstrong revealed during the company’s Q1 earnings call that its decision to shutter its business in India was prompted by ‘informal pressure’ from the country’s central bank. Back...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Coinotizia
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...
Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the most popular payment service in the region...
Central Bank of Israel Considering CBDC – Coinpedia – Fintech & Cryptocurreny News Media
Recent research by the Bank of International Settlement revealed that nine out of ten central banks are working on the CBDC project, as digital currency projects are on the top priority list in the co...
Moneda digital de Chile debería también funcionar sin conexión, según presidenta del banco central
La moneda digital emitida por el Banco Central de Chile (CBDC, por su sigla en inglés) necesitaría aceptar pagos fuera de línea, dijo la presidenta de la autoridad monetaria de ese país, Rosanna Costa...
Crypto Exchange Coinbase Forced To Back Out of India as CEO Brian Armstrong Cites Pressure From Central Bank
Crypto exchange Coinbase is backing out of a move to bring its services to India citing heavy pressure from the nation’s central bank. In the latest earnings call, Coinbase CEO Brian Armstrong says th...
Israeli central bank yet to make decision on pursuing CBDC despite public support
The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting the notion, Reuters reported. Bank of Israel considering CBD...
Central Bank Unsure About CBDC Despite Growing Public Support
Israel’s central bank said it had received public support for its plans to introduce a digital currency in the belief it would boost the economy. The Bank of Israel (BOI) first considered launching a ...
Central Bank of Nigeria to Upgrade eNaira for More Uses, Including Bill Payments
The Central Bank of Nigeria will launch an upgrade for its eNaira next week. The upgrade will allow the digital currency to be used on a wider range of goods and services, including bill payments. Nig...
Nigeria’s Central Bank says eNaira can be used to make bill payments
The Central Bank of Nigeria (CBN) is advancing its plans for its central bank digital currency. The institution has now said that it will be possible for locals to make bill payments using the eNaira....
CAR’s adoption of Bitcoin not taken firmly by Central banks in Africa
Bitcoin adopted by the Central African Republic has not been taken well by banks The legislative leader of the Bank of Central African States has given a searing letter to the Central African Republi...
Nigeria’s Central Bank to Allow Bill Payments in eNaira (Report)
The Central Bank of Nigeria (CBN) will reportedly enable locals to pay their bills, TV subscriptions, and flight tickets using the eNaira. The move is part of a campaign that aims to popularize the fi...
9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market – Featured Bitcoin News
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence ...
Following El Salvador, the Central African Republic Declares BTC Legal Tender
The Central African Republic (CAR) has become the second country after El Salvador to declare bitcoin legal tender. Customers can walk into any store or company and purchase goods and services with bi...
Central African Banks Not So Favourable Of CAR’s Bitcoin Adoption
The governor of the Bank of Central African States issues a letter to CAR that talks about its crypto adoption. Seems like the Governor is not so inclined toward cryptocurrencies. The CAR’s adoption...
African Central banks not happy with CAR bitcoin adoption
The Central African Republic’s decision to make bitcoin legal tender in the country has put many backs up. A letter from the central banks cites the decision as having a very negative impact on Centra...
Indian central securities depository to back up its monitoring of bonds by blockchain
The National Securities Depository (NSDL), India’s central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the dis...
The Central African Republic chastised for adopting Bitcoin
The governor of the Bank of Central African States (BEAC) has penned a scathing letter to the Central African Republic (CAR) regarding its decision to embrace bitcoin and other cryptocurrencies. The G...
Central African banks scold the CAR for Bitcoin adoption
The governor of the Bank of Central African States (Banque des États de l’Afrique Centrale, BEAC) has issued a scathing letter to the Central African Republic (CAR) regarding the country’s adopt...
Report Shows 90% of Central Banks Are Considering CBDCs
Over 90% of central banks are working on some form of digital currency, a survey has revealed. The Bank for International Settlements (BIS) surveyed 81 central banks and responses showed that 60% are ...
Last Week [In] Crypto: Crypto Mining Brouhaha, Increasing Adoption Rates, Trouble with Coinbase NFTs, Central Banks Hiking Rates
It was an interesting week for cryptocurrencies with lots of happenings in almost every corner of the ecosystem between May 2 to 8. While keeping up with all the news might be a mountain to climb, Be[...
Central Bank Of Philippines to Pilot Test CBDC in Q4
The governor of the Philippine central bank said in an interview that they are negotiating with various banks and financial institutions to conduct a pilot test of a central bank digital currency (CBD...
90% of Central Banks Explore Launching CBDCs
73 out of 81 central banks work towards rolling out their own CBDC 50% of those financial institutions are currently developing such products Countries exploring the potential launch of such a project...