The central bank of the Netherlands – De Nederlandsche Bank (DNB) – reportedly fines Coinbase 3.3 million euros ($3.6 million) for failing to comply with local rules. The exchange recently announced i...
Tag: central
Coinbase disagrees with almost $4M fine from Dutch central bank
Dutch central bank De Nederlandsche Bank (DNB) has announced a €3,325,000 ($3.6 million) fine imposed on crypto exchange Coinbase for operating unregistered in the Netherlands for two years, resulting...
Dutch central bank slaps Coinbase with €3.3m fine – Cryptopolitan
The Dutch central bank (DNB) has imposed a fine of €3.3 million ($3.6 million) on U.S based cryptocurrency exchange Coinbase for providing services in the Netherlands without proper registration. The ...
Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill
– Advertisement – The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a compreh...
SAMA is Ramping Up Its Research into Central bank digital currencies
The Saudi Arabian Monetary Authority (SAMA) is stepping up its investigation into central bank digital currencies (CBDCs), although it has not yet disclosed any plans to implement such a currency. The...
Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill – Africa Bitcoin News
The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that go...
Saudi Central Bank Continues Testing on its CBDC
The Saudi Arabia Central Bank (SAMA) announced that it is continuing its experiment with a central bank digital currency (CBDC). SAMA announced in a press release earlier in the week that it is steppi...
The U.K. government is recruiting for a head to its central bank digital currency project
The economic and financial ministry of the United Kingdom’s government, known as His Majesty’s Treasury, is in the process of hiring a head of central bank digital currency (CBDC) to overs...
Saudi Central Bank To Experiment With CBDC Alongside Fintech Lenders And Companies
As the adoption of digital assets continues to grow widely, entities are following suit while aiming to use digital assets in their own way. In today’s news, the Saudi Central Bank (SAMA) unveiled its...
UK gov’t is hiring a central bank digital currency lead for Treasury team
HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U....
Saudi Arabia Forays Into CBDC Exploration Through Saudi Central Bank
2 hours ago | 2 mins read Altcoin News The central bank plans to continue its experiments with a possible CBDC deployment. Saudi Central Bank (SAMA) is the driving force behind the initiative. The CBD...
Amid crypto winter, central banks rethink in-house digital currencies
Over the last couple of years, numerous reports have surfaced regarding governments worldwide exploring the issuance of their very own central bank digital currency. In fact, to date, nine countries h...
Bitcoin is acting as a liquidity indicator for central bank balance sheets
Quick Take As the global world is facing extreme inflation, central banks are trying to reign in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. T...
Central Bank of Saudi Arabia explores CBDCs for local wholesale bank settlements – Cryptopolitan
The Saudi Central Bank (SAMA) has recently announced its ongoing experiment of Central Bank Digital Currencies (CBDCs). Through this project, SAMA aims to better understand the potential uses of domes...
The Central African Republic Appoints a Committee to Design Crypto Legislation
One of the poorest countries – the Central African Republic (CAR) – formed a team of 15 agencies, whose responsibility will be to draft a “comprehensive” cryptocurrency bill. The nation made the headl...
Central African Republic Working on Legal Framework For Cryptocurrencies
4 hours ago | 2 mins read Bitcoin News CAR’s various ministries have all contributed 15 experts to the committee. Nigerian crypto exchange Roqqu has received a virtual currency license EEA. A 15-perso...
Central African Republic Appoints 15-Member Committee to Draft Crypto Bill
The committee is made up of top experts from about five government ministries in CAR. The Central African Republic (CAR) has intensified efforts to boost its economy by developing a robust regulatory ...
CEOs Say HR Is Central To Business Success: 5 Critical Shifts
HR will be central to success in the future of work. getty This is arguably the most challenging time—ever—to be in HR. It’s also the very best. With so many business issues driven by people, talent a...
Central African Republic(CAR) sets up 15-member committee to draft crypto bill – Cryptopolitan
The Central African Republic (CAR), a growing nation in the heart of Africa, has created a committee composed of 15 members to develop and pass legislation regarding the utilization of cryptocurrencie...
Central African Republic creates task force to draft crypto bill
The Central African Republic (CAR) government has given a 15-member team the task of drafting a crypto bill. The crypto committee is required to develop a legal structure and an ecosystem model for it...
Central African Republic eyes legal framework for crypto adoption
Central African Republic (CAR), a developing country in Central Africa, set up a 15-member committee responsible for drafting a bill on the use of cryptocurrencies and tokenization in the region. Acco...
CBDCs Are the Future of Central Bank Money but They Are Still Not Ready – Fintech Bitcoin News
A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as o...
China’s Central Bank Digital Currency (CBDC)
Improvements have been implemented into China’s Central Bank Digital Currency (CBDC), often known as the digital yuan or eCNY. These upgrades have given the digital yuan the ability to participa...
Summers Warns of 1970s Crisis If Central Banks Relent on Rates
(Bloomberg) — Going soft on inflation will plunge economies back into the recessionary depths of the 1970s and have “adverse effect on working people everywhere,” former US Treasury Secretary La...
Indian IT Minister Refutes Central Bank’s Stance On Crypto
India’s junior minister of electronics and information technology (IT), Rajeev Chandrasekhar, has recently released a statement about crypto that is not in consonance with the central bank’s view. Cha...
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
The financial sandbox initiative of the Bank of Spain, or Banco de España, has reportedly approved a project from fintech firm Monei testing a token linked to the euro. According to a Jan. 18 report f...
East African Community to Decide on Regional Central Bank Launch in 2023 – Africa Bitcoin News
The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional central bank, the regional intergovernmental organization’s Peter ...
Central African Republic working to integrate Sango coin into its economy
The Central African Republic (CAR) has set up a task force to explore modalities for integrating its national crypto, called the Sango coin, into the country’s economy, according to a statement from t...
UK Central Bank Governor Queries the Necessity of Digital Pound
5 hours ago | 2 mins read News As per Andrew Bailey, the UK has a wholesale central bank money settlement system. The euro-zone finance ministers recently conveyed their support for the continuing dev...
Tanzanian Central Bank Adopts ‘Phased and Risk-Based Approach to Adoption of CBDC’ – Africa Bitcoin News
After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). Dur...
Tanzanian Central Bank Adopts Cautionary Approach in CBDC Analysis
The East African government has reportedly organized a multidisciplinary technical team. At least four nations have openly scrapped CBDC adoption plans. The Tanzanian central bank is still thinking ab...
Opinion: Central banks are buying gold at the fastest rate in half a century
Here’s another reason why it may not be completely insane to add some gold bullion to your 401(k) or retirement account. Central banks are stocking up. Three economists—Serkan Arslanalp and Chima Simp...