Bitcoin News / Bitcoin.com - 2 years ago
The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the bank...
Bitcoin News / Bitcoin.com - 2 years ago
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary system...
Cryptocoins News / The Cointelegraph - 2 years ago
The Central Bank of Nigeria will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on Oct. 1. For much of 2021, th...
Bitcoin News / Bitcoin.com - 2 years ago
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink.
Increasing Circulation of Stained...
Cryptocoins News / The Cointelegraph - 2 years ago
A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency w...
Cryptocoins News / NewsBTC - 2 years ago
President of the European Central Bank Christine Lagarde took to Twitter earlier to announce that the European Central Bank has decided to move up the investigation phase for the euro digital currency. The tweet comes in response to a tweet from the...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central banks.
A growing number of central banks worldwide are working to lau...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of Korea plans to select an operator to run a blockchain-based CBDC pilot next month that will test a digital won in various use cases. Affiliates of South K...
Bitcoin News / Bitcoin.com - 2 years ago
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is th...
Bitcoin News / Bitcoin.com - 2 years ago
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell...
Cryptocoins News / The Cointelegraph - 2 years ago
A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development. In a joint report, the Inter...
Bitcoin News / Bitcoin.com - 2 years ago
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.”
Central Bankers Se...
Cryptocoins News / The Cointelegraph - 2 years ago
PBoC says no to virtual currencies, Jack Ma's fund invests $50m into NFT game maker and searches for BTC in China at a 90 day low. This weekly roundup of news from Mai...
Cryptocoins News / The Cointelegraph - 2 years ago
The BOT said it may be forced to coordinate with the Securities and Exchange Commission to ensure crypto payments do not pose "extensive risks to the general public or the economic and fi...
by COINS NEWS - 2 years ago
So the Head of the central bank of central banks openly says that Central banks will have total control of how you spend your money. https://www.youtube.com/watch?v=mVmKN4DSu3g At 4:37! "the central bank will have absolute control on the rules a...
Cryptocoins News / The Cointelegraph - 2 years ago
While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems....
Bitcoin News / Bitcoin.com - 2 years ago
After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data fr...
More / Bitcoin Reddit - 2 years ago
Vietnam’s Prime Minister has asked the State Bank of Vietnam (SBV) to pilot cryptocurrency implementation from 2021 until 2023, according to a Viet Nam News report. Prime Minister Pham Minh Chinh signed the “Decision No.942/QD-TTg” approving t...
Bitcoin News / Bitcoin.com - 2 years ago
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. The efforts are part of the Asian c...
Bitcoin News / Bitcoin.com - 2 years ago
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts...
by COINS NEWS - 2 years ago
The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. In one of the first...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the...