Bitcoin News / Bitcoin.com - 2 months ago
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover,...
Bitcoin News / Bitcoinist - 2 months ago
The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared t...
Bitcoin News / Bitcoin.com - 2 months ago
The Nigerian central bank remains committed to building confidence in the economy but that hinges on the implementation of “bold reforms” and residents’ help in easing pressure on the naira. However, critics have faulted the central...
Bitcoin News / Bitcoin.com - 3 months ago
The Central Bank of Nigeria announced on Jan. 31 that it had removed caps on naira payout rates that international money transfer operators are allowed to quote. The central bank said the policy change is an effort aimed at further liberalizing the f...
Bitcoin News / Bitcoin.com - 3 months ago
The number of banks participating in Russia’s central bank digital currency pilot has increased to 30. Seventeen banks have signed an agreement with the Bank of Russia to participate in the digital ruble program. They will join 13 other banks,...
Bitcoin News / Bitcoinist - 3 months ago
Daniel Batten, managing partner at CH4 Capital and a noted climate activist for The Bitcoin ESG Forecast, has brought to light new research indicating a concerted effort by Central Banks, particularly within the European Union, to systematically R...
Cryptocoins News / Blockchain - 3 months ago
The UAE Central Bank achieved a significant milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transa...
Bitcoin News / Bitcoin.com - 3 months ago
U.S. presidential candidates Robert F. Kennedy Jr. (RFK Jr.) and Donald Trump have independently promised the American people to stop the creation of a central bank digital currency (CBDC) in the U.S. if elected President. “I will protect Ameri...
More / Bitcoin Reddit - 3 months ago
I’m thinking about hosting an event in Stockholm in front of the world’s oldest central bank. Name wise, i figured Bitcoinbanken would serve the purpose. The perfect day would be the 22th of May as it’s bitcoin’s pizza day. Along with your pi...
Bitcoin News / Bitcoin.com - 3 months ago
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify th...
Bitcoin News / Bitcoin.com - 3 months ago
Congressman Tom Emmer has offered to help former U.S. President Donald Trump fight the creation of a central bank digital currency (CBDC) in the U.S. “I agree with President Trump; CBDCs pose a serious threat to Americans’ right to financ...