Advertisement     The central bank of Russia has called for a blanket ban on Bitcoin mining and the trading/usage of cryptocurrencies in the country. The bank has cite...
Tag: central
Fed calls central bank digital coin a ‘highly significant innovation’
The Federal Reserve on Thursday issued its long-awaited paper exploring the benefits and negatives of a central bank digital currency (CBDC), as the debate over cryptocurrency regulation hits its stri...
Central Bank of Russia Intends to Ban Crypto Mining and Activities
The Central Bank of Russia (CBR) is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities. In a...
Federal Reserve publishes long-awaited central bank digital currency report
The US Fed’s long-awaited report on central bank digital currencies dropped Thursday afternoon. Framed as a discussion paper, the Fed notes in its introduction release that it “examines th...
Russian Central Bank Suggests Banning Cryptocurrencies
In a paper discussing the role of cryptocurrency in the Russian financial sector, the country’s central bank proposed a ban on its usage, trading and mining. The call came from a paper published earli...
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory. In the report, the Central Bank of the Russian Feder...
Russia’s Central Bank Calls for Blanket Crypto Ban
Key Takeaways The Bank of Russia proposed a complete ban on crypto investing and mining on Thursday. The bank cited environmental, financial stability, monetary security, and illicit activity concerns...
Russia Central Bank Recommends Total Ban on Cryptocurrency Activities
Cryptocurrencies have been under major regulatory scrutiny in recent times, as Russia has become the latest country to consider placing an outright ban against the asset class. According to a report ...
Russian central bank proposes blanket ban on crypto mining and trading
In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, meas...
Russia’s central bank calls for blanket crypto ban
advertisement The Bank of Russia has advocated for a complete crypto ban as part of a report issued by the country’s central bank on Thursday. The report titled “Cryptocurrencies: trends, risks, measu...
Central banks are being left behind by the breakneck speed of private currencies
Central banks see crypto and private payments as anathema to their vision of a world that they totally control through their own programmable digital currencies. The threat is, that before they can lu...
China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made – Regulation Bitcoin News
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yu...
Thai Central Bank Issues Licenses to Two Crypto Exchanges
Thailand is making headway in the race to establish regulations to protect investors and allow innovation in the crypto space. Two institutions, the Lao Digital Assets Exchange (LDX) and Bitqik have r...
Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement – Regulation Bitcoin News
Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have cease...
Singapore crypto ATMs shut down after central bank crackdown
The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the...
Iran’s Central Bank to launch National Cryptocurrency in a Pilot Phase in the Near Term
The Central Bank of Iran (CBI) plans to roll out a digital currency pilot phase soon. According to a top CBI official, the digital currency will benefit the country by helping to resolve financial inc...
Iran to reportedly pilot central bank digital currency soon
The Central Bank of Iran (CBI) is reportedly planning to launch a central bank digital currency (CBDC) pilot soon. According to a report by the Iranian Labour News Agency, the CBI vice governor said t...
BIS Chief Urges Trust in Central Banks
Key Takeaways The general manager of the Bank for International Settlements, Agustín Carstens, has said that the soul of money is trust. According to him, this trust can never be outsourced and automa...
Singapore Restricts Crypto Ads — Central Bank Says Crypto Trading Not Suitable for the General Public – Regulation Bitcoin News
Singapore’s central bank has issued guidelines to discourage cryptocurrency trading by the general public. The central bank emphasized that “the trading of cryptocurrencies is highly risky and not sui...
Countries & Central Banks Will Buy BTC
Surprising the world, Fidelity predicts what Bitcoin’s game theory implies. It’s as Satoshi Nakamoto said, “It might make sense just to get some in case it catches on.” That’s the exact same conclusio...
Malaysian Central Bank “Actively Assessing” CBDC
Key Takeaways The Central Bank of Malaysia has written to Bloomberg that it is “actively assessing” the pros and cons of a central bank digital currency. The Bank has focused on boosting both its tech...
Central Bank of Malaysia is Testing Efficiency of a Central Bank Digital Currency (CBDC)
Central Bank of Malaysia, also known as Bank Negara Malaysia (BNM), recently replied to a query from Bloomberg about testing a Central Bank Digital Currency (CBDC). BNM is studying the usefulness of c...
‘Astonishing’—An Investment Giant Just Advised Countries And Central Banks To Buy Bitcoin While The Price Is Low
Bitcoin soared through much of 2021, helped on by the likes of Tesla TSLA and El Salvador embracing the cryptocurrency (though Tesla CEO Elon Musk is increasingly backing the meme-based dogecoin). Sub...
Pakistan central bank urges ban on crypto
According to a report submitted to the Sindh High Court (SHC) on Wednesday, the federal government and the State Bank of Pakistan are urging an outright ban on transacting in all cryptocurrencies. As ...
Swiss central bank trials wholesale CBDC with BIS and commercial lenders
advertisement The Swiss National Bank (SNB) has successfully tested the integration of a wholesale central bank digital currency (CBDC) settlement with commercial banks. According to an announcement b...
Pakistan’s Central Bank Recommends a Total Crypto Ban (Report)
The State Bank of Pakistan (the nation’s central banking institution) and the Federal government are reportedly contemplating imposing a complete ban on all cryptocurrency endeavors. The authorities c...
Hong Kong’s Central Bank to Reveal Plans for Crypto Regulations Come July 2022
The de facto central bank of Hong Kong intends to have a new regulatory framework in place for crypto assets by July. This comes as the city races with Singapore to become a major center for the indus...
RADEX MARKETS Announces Collaboration with Trading Central
The global FX and CFD broker, RADEX MARKETS announced a partnership with Trading Central today. Through the latest collaboration, the company aims to enrich the overall user experience. RADEX MARKETS ...
Hong Kong’s Central Bank Says Stablecoins Have Capacity To Enter Mainstream Financial System
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial...
Swiss central bank tests wholesale CBDC with commercial partners
Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system. The Swiss National Bank (SNB), the country’s centr...