Crypto and blockchain technology firm Paxos has received payments license from Singapore’s Central Bank It leverages technology to tokenize, trade and settle assets First of its kind to receive a gr...
Tag: central
Aave selected by the central bank of Brazil
A few days ago, Brazil’s central bank, Banco Central do Brasil (BCdB), published the list of nine projects selected to be monitored as part of the initiative related to the development of the Real Dig...
Russian Central Bank Temporarily Suspends Forex Sale
The Central Bank of Russia has issued a new order on Wednesday that immediately suspends banks from selling foreign currencies (forex) until September 9. This move came when the ruble has plunged agai...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide – Regulation Bitcoin News
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, traffi...
Philippine Central Bank Rolls Out Digital Currency
The Philippines is inching closer to issuing a regulated, centralized digital peso after its central bank announced a pilot run called Project CBDCPh. The Covid-19 pandemic proved a turning point for ...
Oil Shock Risks Becoming ‘Nightmare’ for India’s Central Bank
(Bloomberg) — The Ukraine war’s impact on global supply chains could force India’s central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy amid...
Brazil’s Central Bank innovation programme to include Aave protocol
Aave protocol will be a part of Brazil’s central bank innovation challenge Nine projects have been selected to develop the CBDC in the country They will evaluate the use cases of digital currencies ...
Philippines central bank to launch CBDC research effort
advertisement The Bangko Sentral ng Pilipinas, the central bank of the Philippines, intends to move forward with a research project focused on central bank digital currencies. In a speech transcript p...
Nexus Dubai Token – The central of Nexus Ecosystem » NullTX
About Nexus Dubai The Nexus Project aims to provide digital incentives for people’s daily consumption behavior that are secured in value by a decentralized ecosystem. The Nexus Project will centralize...
Central Banks have been tinkering with digital currencies, and IMF approves
IMF has been pro-CBDC for a while, and the Central Banks from all around the world have been looking to digital currencies to replace cash and many have come a long way. Recently, IMF President Krista...
Aave to Move Forward in Brazil’s Central Bank Innovation Challenge
The central bank of Brazil revealed on March 3rd that it has picked a total of nine projects to advance in its challenge to develop a central bank digital currency (CBDC). One of the projects is Aave....
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities – Bitcoin News
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the appli...
the Central Bank of Russia
Recently, Ukraine has called for “sabotage” of everyday Russians’ crypto assets due to an ongoing war between the two countries. Among many, its European allies have also voiced moun...
Brazil’s central bank selects nine CBDC projects to move forward in innovation challenge
advertisement Brazil’s central bank revealed today that it has picked nine projects to move forward in its quest to develop a central bank digital currency (CBDC). The projects will move forward thro...
Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official – Fintech Bitcoin News
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that looks at the benefits and risks that come with such a currency, the ba...
Avalanche (AVAX) Price Prediction: AVAX Aims for $100 as Russia’s Ukraine Invasion Clouds Central Banks Aggressive Rate Hike Bets
Avalanche (AVAX) price edges lower on Wednesday amid global risk aversion. There are many factors playing in the market ranging from the U.S Federal Reserve and some of its major central banking peers...
European Central Bank President Urges Speedy Approval of New Broad Crypto Regulation
The vote on proposed crypto regulation for the European Union is being delayed just days after the head of the European Central Bank (ECB) urged the legislation’s passage. At an informal meeting last ...
US Treasury Adds More Teeth On Russian Sanctions – Will It Scare Putin And His Central Bank?
The United States is making sure that Russian sanctions remain tightly in place and prevent Russia from taking any refuge from cryptocurrencies and use these to advance its goals. According to people ...
Russian Central Bank Claims SWIFT Alternative Is Ready
The central bank of Russia claims that its alternative to the SWIFT payment network is ready, though it’s unlikely to see much participation from foreign entities. Russia’s central bank has claimed th...
Thailand’s Central Retail Says Revenue Hit $6 Billion Last Year Despite Prolonged Pandemic
Central Group is led by Tos Chirathivat, grandson of the group’s founder. Charlesworth/LightRocket via Getty Images Thailand’s largest retailer released quarterly results that show it’s well on ...
Sanctions on Russia Puts Focus on China’s Central Bank
(Bloomberg) — China’s central bank could provide a financial lifeline to Russia if Beijing decides to buck Western efforts to cut its strategic partner out of the global financial system. Most R...
European Central Bank expresses concerns over Russia using crypto to avoid sanctions
The president of the European Central Bank, Christine Lagarde, is calling upon the European Union to develop a strict cryptocurrency regulatory framework. This call comes as Russia continues to face t...
Russian Central Bank Chief Says Alternative to SWIFT Already In Place
Key Takeaways Russia’s central bank governor has said the its global payments will continue to function despite the SWIFT ban. The central bank chief said Russia’s SPFS, an internally-deve...
European Central Bank Votes Today On Crypto Regulation Amid Sanctions On Russia
The European Central Bank’s president, Christine Lagarde, has called on policymakers and legislative experts to form and approve a regulatory framework on crypto for its jurisdiction and member ...
America Seizes All Assets in US and USD of Russia’s Central Bank – Trustnodes
In an unprecedented move, the United States has just announced it is making inaccessible all assets of the Russian Central Bank in US, including gold and anything else, as well as any asset held by US...
Russia’s central bank hikes interest rates to 20% amid tough sanctions
Russia’s central bank has raised the country’s key interest rate to 20%, more than doubling it up from 9.5% as the reality of tough sanctions appears to hit home. According to a statement from the cen...
Central Bank of Ukraine Suspends Electronic Cash Transactions, Will It Boost Crypto Prices?
One of the most recent steps adopted in line with a statewide proclamation of martial law is a crackdown on digital money transactions by Ukraine’s central bank. And, as Ukraine tightens restrictions ...
U.S. And Allies To Remove Some Russian Banks From SWIFT, Sanction Central Bank
Topline The Biden administration and Western allies committed Saturday to a series of tough new sanctions on Russia to choke its financial system, including cutting off “selected” Russian banks from t...
Ukraine Central Bank Suspends Use of Electronic Money Following Russian Invasion
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Central Bank of Argentina Prepares New Regulations for Digital Wallets – Regulation Bitcoin News
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stoppin...
Joe Rogan Podcast Guest Exposes Central Bank Digital Currency (CBDC) Dystopia
Appearing on the Joe Rogan Experience, British broadcaster Maajid Nawaz has shone a light on the grim reality of central bank digital currencies (CBDC). As Nawaz pointed out to Rogan on Saturday’s epi...