The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s...
Tag: central
Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank
Russia’s finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country’s central bank, but they should not clash with their approach. This approach ...
Russian Finance Ministry Considering Central Bank Proposals in Regulation Plans
Russia’s finance ministry will consider proposals on cryptocurrencies from the central bank, on the condition they do not conflict with its own approach. Were the conflicting parties to find a resolut...
President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change – Emerging Markets Bitcoin News
Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with l...
Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills – Regulation Bitcoin News
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue un...
Russian Finance Ministry Submits Crypto Proposal but Central Bank Not Satisfied
Russia’s finance ministry submitted legislative proposals for cryptocurrency regulation to the government, which the Bank of Russia reportedly takes issue with. According to a document sent to the fin...
Fed Restricts Central Bank Officials’ Stock And Crypto Trades After High-Profile Resignations
Topline The Federal Reserve on Friday adopted rules governing investments made by central bank officials, banning them from purchasing individual securities after a series of top officials resigned fr...
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank – Regulation Bitcoin News
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The ...
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day – Bitcoin News
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems...
Central Bank of Jordan Exploring the Possibility of Launching a CBDC – Coinotizia
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also ...
Central Bank Prohibition Led to Growth in Crypto Awareness – Coinotizia
The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking...
Central Bank Governor Says Kenya’s Position on Cryptocurrencies Has Not Changed – Coinotizia
Kenya’s position on cryptocurrencies is still unchanged the governor of the Central Bank of Kenya (CBK), Patrick Njoroge has said. Njoroge latest remarks come as Kenya continues to cement its position...
Russian Central Bank Flags 812 Illegal FX Brokers in 2021
The Central Bank of Russia said on Wednesday that it has busted as many as 812 foreign exchange (forex) dealers in 2021 that were operating in the country illegally. These online trading Online Tr...
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges – Economics Bitcoin News
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 pe...
India’s Central Bank Likens Cryptocurrencies To Ponzi Schemes
A top official at India’s central bank recently reiterated warnings to Prime Minister Modi’s government about the risks cryptocurrencies pose to the country’s financial system. This time, he compared ...
Crypto Trading: Hungary’s Central Bank Chief Wants Full Ban On Crypto Trading And Mining
Regulators’ constant negativity continues to dominate the crypto news media. Governments have begun to consider countermeasures to crypto trading, with crypto mining becoming a hot topic as well. Györ...
Russian Government and Central Bank Take Opposing Views on Crypto
The Russian government and its central bank have conflicting views over the legality of crypto and are attempting to form a unified stance. The government believes that regulating crypto could boost f...
Hungarian central bank governor next in line to ban crypto
Matolcsy, governor of the central bank of Hungary, has said that he backs a ban on cryptocurrencies, not only in Hungary, but throughout the European Union. The queue of central bankers coming forward...
Hungarian Central Bank Governor Favors Crypto Ban
Hungarian National Bank Governor György Matolcsy is in favor of a crypto ban, following an earlier suggestion by Russia’s monetary authority. “I perfectly agree with the proposal,” Matolcsy said in re...
Russia’s Central Bank and Government Clash Over the Legality of Crypto Use
The Russian government is keen on integrating cryptocurrencies within its financial system with a scheduled plan of releasing a draft law ahead this week on February 18. However, the Bank of Russia ho...
India Central Bank Official Calls for Crypto Ban
Key Takeaways Shri T. Rabi Sankar, Deputy Governor of the Reserve Bank of India, called for a crypto ban during a speech today. He argued that cryptocurrency poses various threats and that objections ...
Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain
The Central Bank of Bahrain (CBB) is working in partnership with Bank ABC CBB announced that they successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin The JPM Coin system...
Ripple Partners With Central Bank Digital Currency Think Tank
Ripple has partnered with the Digital Euro Association (DEA) to jointly work on central bank digital currencies (CBDCs). The DEA, based in Frankfurt, Germany, is a think tank focused on CBDCs, stablec...
Central Bank Deputy Governor ⋆ ZyCrypto
Advertisement     The deputy governor of the Reserve Bank of India (RBI), the country’s central bank, has come out in support of banning cryptocurrencies in the world’...
Bitcoin Ban “Most Advisable Choice,” Says Deputy Governor of India’s Central Bank
Alex Dovbnya In a first, India’s top central bank official has called for banning cryptocurrencies Central banker T. Rabi Sankar, who serves as deputy governor at the Reserve Bank of India, has ...
IMF Says Central Bank Digital Currencies Are The Future Of Money
The International Monetary Fund (IMF) managing director has called for a “ prudently designed” central bank digital currency to rival private forms of crypto-assets and stablecoins. “If CBDCs are desi...
Iran aims to develop a central bank digital currency
As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has ...
Indian Finance Ministry & Central Bank in ‘Complete Harmony’ on Crypto Policy
The Reserve Bank of India (RBI) and the Indian Ministry of Finance are in “complete harmony” on cryptocurrency policy, according to the finance minister. “With RBI and the Ministry, not just on crypto...
Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’ – Regulation Bitcoin News
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto ...
central bank governor on inflation, tourism recovery
Inflation in Thailand will largely be “contained” because the price pressures in the country are not as broad-based compared to some developed markets, said the governor of Bank of Thailan...
Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain – Blockchain Bitcoin News
The Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin. The test fulfills...