Cryptocoins News / The Cointelegraph - 2 years ago
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. The central bank of France continues actively explo...
Bitcoin News / Bitcoin.com - 2 years ago
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of Japan is keen to ensure the seamless integration of its central bank digital currency with the existing payment architecture. While Japan’s CBDC plans are...
Bitcoin News / Bitcoin.com - 2 years ago
Any digital currency issued by a central bank must support financial and monetary stability, finance leaders from G7 member states have insisted. State-issued coins should also ensure privacy, transparency, and data protection, the officials stated....
Cryptocoins News / The Cointelegraph - 2 years ago
Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. The Group of Seven (G7) advanced economic...
by COINS NEWS - 2 years ago
The Bank of England is now warning financial institutions from adopting or even handling Crypto, claiming that Crypto might be a threat to the financial system If Crypto is such problematic, why does this central bank "allow" (they could do...
Bitcoin News / Bitcoin.com - 2 years ago
The Polish central bank, the National Bank of Poland (NBP), is reportedly planning to raise its gold reserves by 100 tons in 2022. According to bank governor Adam Glapinski, the objective of this decision is to prepare Poland for “the most...
More / Bitcoin Reddit - 2 years ago
Switzerland is planning to launch a "federal popular initiative" proposal that would authorize central banks to add BTC as a local currency reserve asset in addition to gold, according to Blocksteam CEO Adam Back. Reserve Assets. According...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency wh...
Bitcoin News / Bitcoin.com - 2 years ago
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, consi...
Bitcoin News / Bitcoin.com - 2 years ago
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources needed for it to adopt s...
Bitcoin News / Bitcoin.com - 2 years ago
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a later date. Nwanisobi’s announcement came less than 24 hours...
Bitcoin News / Bitcoin.com - 2 years ago
The central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national...
Cryptocoins News / The Cointelegraph - 2 years ago
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology. The Reserve Bank of New Zealand (RBNZ) published an iss...
Cryptocoins News / The Cointelegraph - 2 years ago
The development marks another sign of the digital hryvnia project picking up steam. The National Bank of Ukraine, the country’s chief monetary authority, has recently...
Bitcoin News / Bitcoin.com - 2 years ago
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as th...
Bitcoin News / Bitcoin.com - 2 years ago
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollo...
by COINS NEWS - 2 years ago
An economy is always political A governments exclusive right to issue a currency is in order to maintain economic, social, and political stability. They have no interest in parallel currencies floating around that may threaten this control. Especiall...
Cryptocoins News / The Cointelegraph - 2 years ago
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. The rapid adoption of cryptocurrencies like Bitcoin (BT...