From January 1, 2025, banks will be allowed to hold 2% of their reserves in cryptocurrency. New crypto standards on banks by January 2025. The Group of Twenty Nations on crypto regulations. On Decembe...
Tag: central
Brazil’s Central Bank Grants Payment Institution License to Crypto.com
2 hours ago | 2 mins read Exchange News CEO Kris Marszalek recently said that Crypto.com is “incredibly proud.” A number of additional countries provided licenses to the trading platform in 2022. Cryp...
Kazakhstan’s central bank to begin CBDC rollout from 2023 to 2025
The Kazakhstan Central bank have succeeded in the second phase of testing its Central Bank Digital Currency (CBDC) compatibility and functionality with the country’s economy, and are set to begin roll...
Kazakhstan central bank suggests a two years stepwise CBDC launch
The National Bank of Kazakhstan, which serves as Kazakhstan’s central bank, has suggested that the in-house CBDC be made accessible as early as 2023, with a progressive development of functionality an...
Central Bank of Kazakhstan Completes Second Phase CBDC Trial
8 seconds ago | 2 mins read Altcoin News A prototype was created between July and December of 2021. January 2023, the rollout of the digital national currency will proceed in the final phase. Official...
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan, the world’s third-largest Bitcoin (BTC) mining hub after the United States and China, found feasibility in launching its in-house central bank digital currency (CBDC), a digital tenge. The...
Central Banks to set standards on banks’ crypto exposure
A global standard for banks’ exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS). T...
Dutch central bank says KuCoin operates illegally
The Dutch central bank, De Nederlandsche (DNB), on Thursday issued a statement describing KuCoin, a MEK Global Limited subsidiary arm (MGL), as an unlicensed exchange offering illegal services in the ...
Sweden Central Bank preparing for e-krona CBDC
Sweden’s central bank, Riksbank, is preparing to introduce a possible central bank digital currency (CBDC) — the e-krona — according to a Dec. 15 statement. Riksbank said that it is “ready to be able ...
Dutch central bank says KuCoin is not licensed and ‘illegally offering services’
The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to investors using KuCoin, saying the exchange was operating without legal registration. In a Dec. 15 announcement, the...
Swiss central bank lifts interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The Swiss National Bank increased its benchmark interest rate Thursday for the third time this year, t...
The Central Bank of Brazil is planning to launch a CBDC in this year
Nations around the globe are scrambling to explore how blockchain technology can be employed to help their economies. The growing adoption of cryptocurrencies has prompted several central banks to loo...
Brazil central bank launching CBDC in 2024
The central bank of Brazil, through its president, Roberto Campos Neto on Tuesday revealed that they will launch a central bank-backed digital currency (CBDC) by 2024. Accordingly, they will launch a ...
Revealed: Brazil’s central banks CBDC launch plan 2024
The crypto market has been down for almost a year now, but in this downtrend market, there always comes news that ensures the future potential of this digital market. One such news was revealed at a c...
Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports – Fintech Bitcoin News
Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this k...
Central bank set to slow rate hikes at final meeting of 2022
The Federal Reserve is expected to slow the pace of its torrid interest rate hikes when it concludes its two-day policy meeting Wednesday, as consumer prices have showed evidence of cooling for two st...
Morningstar Ventures Invests $5M to Open 37xDubai, a Novel NFT Art Gallery in Central Dubai
DUBAI, DECEMBER 15, 2022 – Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dub...
Morningstar Ventures Opens 37xDubai, NFT Art Gallery in Central Dubai
Vladislav Sopov Leading blockchain-focused VC incubator Morningstar Ventures shared details of its latest investment designed to change narrative in Dubai’s NFT landscape Contents Morningstar Ve...
Morningstar Ventures to Open a Novel NFT Art Gallery ’37xDubai’ in Central Dubai by Investing $5M
In the center of Dubai, Morningstar Ventures, an investment company that specializes in digital assets and blockchain technology, is launching its first interactive digital art exhibition. ’37xDubai’ ...
BlackRock — the world’s largest asset manager — says central banks are ‘deliberately’ causing recessions, warns of a downturn unlike any other. 3 shockproof assets to consider
BlackRock — the world’s largest asset manager — says central banks are ‘deliberately’ causing recessions, warns of a downturn unlike any other. 3 shockproof assets to consider Many experts...
Ex-Goldman Sachs Executive Says Bitcoin and Ethereum Flashing Historic Signal As Central Banks Prepare to Reverse Policy
Macro guru Raoul Pal says that Bitcoin (BTC) and Ethereum (ETH) are displaying historic signals as both crypto assets rest on critical support levels. The former Goldman Sachs executive tells his 991,...
Spain’s Central Bank to Experiment with Wholesale CBDC
The Central Bank of Spain announced plans to launch its own experimental program for a wholesale CBDC. The Bank of Spain is looking to collaborate with organizations that are interested in participati...
4 central bank decisions to consider this week
The most important trading week of December has just started as traders prepare for the monetary policy decisions of four central banks. Market participants are eager to find out the decision on inter...
Central Banks Start to Pause Hikes
(Bloomberg) — Global central banks are pausing or nearing the end of their interest-rate hiking cycles as inflation shows signs of slowing and recession concerns mount. Most Read from Bloomberg ...
DeFiChain Officially Activates Much-Anticipated Grand Central Hard Fork On Its Network
Advertisement     It’s official: DeFiChain has launched the long-awaited system upgrade facilitating activation of the Grand Central hard fork. The monumental update w...
DeFiChain Grand Central Hard Fork Activated on Dec. 8
Vladislav Sopov DeFiChain, programmable proof-of-stake (PoS) form of Bitcoin (BTC) network designed to onboard DeFi applications, underwent major upgrade Contents DeFiChain Grand Central hard fork ope...
Spain’s central bank to experiment with wholesale CBDCs
Spain’s central bank, the Bank of Spain (BDE), said it intends to launch an experimental program to begin testing wholesale central bank digital currencies (CDBCs) and is seeking collaboration proposa...
Most Central banks are Looking to Issue a CBDC Within 10 Years: OMFIF
However, CBDCs are not without their risks and challenges. They could expose economies to “greater systematic financial risk brought on by volatility and sudden foreign exchange fluctuations,...
Australian Central Bank Higlights Pros and Cons of CBDC
The potential benefits of a CBDC in the Australian context include its possibilities to enhance the country’s monetary and payment systems and support competition and efficiency in the payments system...