In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists th...
Tag: central
Central Bank Digital Currencies And Their Context In The DeFi World
Every year, it seems like there’s a lot more happening with cryptocurrency and decentralized finance assets. A few years ago, hardly anyone had heard of Bitcoin. As a relatively recent invention...
“Anonymous” Claims To Hack Russia’s Central Bank; Threatens To Release Secret Files
The international hacking collective Anonymous claims to have hacked the Central Bank of Russia in support of Ukraine amid ongoing Russia-Ukraine war. However, Russia’s central bank refuted the news o...
Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank – Regulation Bitcoin News
The Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adopt...
Singapore and Cambodia Central Banks Exploring CBDC
The central banks of Singapore and Cambodia are exploring central bank digital currencies (CBDCs) as crypto interest grows among ASEAN countries, said during a panel discussion at the China Conference...
Jamaica’s central bank digital currency and the problems it hopes to solve
The Central Bank of Jamacia recently announced that it would be launching its central bank digital currency (CBDC), dubbed the Jamaican Digital Exchange, or Jam-Dex, in the first quarter of 2022. Acco...
Kenya Central Bank Governor Reiterates His Opposition to Cryptocurrencies – Emerging Markets Bitcoin News
The Kenyan central bank governor has once again told Kenyans to be wary of the risks that are associated with cryptocurrency transactions and trading. The governor also warned financial institutions s...
Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation – Bitcoin News
On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, poste...
How far are European Central Bank (ECB) warnings right while Ruble crypto trading drops?
Recent statement of the President of ECB seems out of the league as it contradicts the real-life data and various expert opinions Lately, the Central Bank President of Europe, Christine Legarde, put o...
Britain’s Central Bank Calls For Tougher Crypto Regulation
Britain’s central bank called on lawmakers to toughen regulations around cryptocurrencies, citing the potential for misuse of the technology in laundering money. In a summary of its March meetings, th...
Four Central Banks To Launch Digital Currency Prototypes in Partnership With Bank for International Settlements
The Bank of International Settlements (BIS) is partnering with four financial institutions to develop central bank digital currencies (CBDCs). In a new report, the BIS introduced Project Dunbar to foc...
Central Bank of Honduras Denies Bitcoin as Legal Tender Rumours
Since El Salvador adopted Bitcoin as legal last September, there has been speculation on which countries in the region would follow suit. The Central Bank of Honduras (BCH) has denied rumours circulat...
Russia Central Banker Wanted Out Over Ukraine, Putin Said No
(Bloomberg) — Russia’s highly regarded central bank Governor Elvira Nabiullina sought to resign after Vladimir Putin ordered an invasion of Ukraine, only to be told by the president to stay, acc...
Crypto could be a farce as per the Central Bank of Ireland –
Crypto-centered cautioning to the overall population has been given by the Central Bank of Ireland The country has followed the case of British controllers and distributed its own It features the theo...
Anonymous Reportedly Hacks Russia’s Central Bank, Threatens to Expose 35,000 Secret Documents
Anonymous has hit the Russian Federation again by hacking its central bank and threatening to release thousands of sensitive documents. Additionally, the group continues to warn global companies that ...
Honduras Central Bank Chooses CBDCs Over Bitcoin, Breaks Everyone’s Hearts
A lot of people had their bets on Honduras being the next country to declare bitcoin legal tender. Apparently, they lost. The country’s Central Bank issued an official statement in which they affirm t...
Honduras Will Not Adopt Bitcoin as Legal Tender, Central Bank Implies
Today, the Central Bank of Honduras (CBH) assured that for now, the country has no intention of following in the footsteps of El Salvador, extinguishing the FOMO sparked by rumors about the possible a...
BIS partners with four central banks to develop multi-CBDC platform prototypes
advertisement The Bank for International Settlements (BIS) Innovation Hub partnered with central banks in Australia, Malaysia, Singapore and South Africa to create two prototypes for an international ...
Bitcoin is ‘not regulated’ — Honduras’ central bank pushes back against legal tender rumors
The Central Bank of Honduras, or BCH, addressed rumors regarding the country potentially adopting Bitcoin as legal tender like its neighbor El Salvador — and the answer seems to be negative. In a Wedn...
Honduras’ central bank clarifies that bitcoin is not regulated
advertisement Honduras’ central bank issued a statement Wednesday clarifying that bitcoin is not regulated as a currency there, following rumors that the Central American country would imminentl...
Ripple Is Under Siege as 63 Central Banks Collaborate on New Payments System Market
Tobias Lewis Ripple faces new threat as central banks create working prototypes of a rival cross-border payments system Contents Project Dunbar: an institutional Ripple competitor? Multiple prototypes...
You may ‘lose all the money you invest’ in crypto, warns Irish central bank
The central bank of Ireland has followed the example of British regulators and published its own crypto-focused warning to the general public, highlighting the speculative nature of digital assets and...
Ireland’s Central Bank Warns Investors about “Misleading” Crypto Advertising
The Central Bank of Ireland issued a new warning about the risks of investing in crypto assets, drawing attention to “misleading” cryptocurrency advertising. In an announcement Tuesday, as part of a c...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies – Regulation Bitcoin News
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CE...
Ireland’s central bank follows UK’s example in warning of crypto advertisements
The Central Bank of Ireland issued a warning to consumers about the risks around crypto investments in addition to “misleading” advertisements, including those pushed by influencers on social media. I...
Fed Official Suggests Central Bank Is Fueling Inflation By Not Raising Rates ‘Aggressively’
Topline Federal Reserve Bank of St. Louis President James Bullard said on Tuesday the central bank should move aggressively in reversing its pandemic-era stimulus measures in order to stop fueling alr...
The Gap In The American League Central Is Closing
MINNEAPOLIS – OCTOBER 06: The Minnesota Twins celebrate after defeating the Detroit Tigers during … [+] the American League Tiebreaker game on October 6, 2009 at Hubert H. Humphrey Metrodo...
Gemini Gets Electronic Money License From Ireland’s Central Bank
The U.S.-based cryptocurrency custody and exchange Gemini has been granted an electronic money (e-money) license from the Central Bank of Ireland. According to The Irish Times on Monday (March 21, 202...
Irish Central Bank Grants Gemini E-Money License
Ireland’s central bank has granted an e-money license to cryptocurrency exchange Gemini Payments. The license, which allows Gemini to issue electronic money, was the first authorized by the Central Ba...
Bitcoin a Starting Point for Developing Central Bank Digital Currency, Says Big Four Firm Deloitte
One of the biggest accounting firms in the world says that the underlying technology behind Bitcoin (BTC) is a good starting point for developing an efficient central bank digital currency (CBDC). Acc...
Central Bank Facilitate Support to Asian Games Host: Enhanced Growth of the Digital Yuan Pilots
People’s Bank of China and four state departments have confirmed their support for bidding regions in Zhejiang to further see to the Digital Yuan pilots. Zhejiang province’s financial development pla...