Bitcoin News / Bitcoin.com - 6 months ago
The Nigerian central bank said on Oct. 12 that it had lifted foreign exchange restrictions imposed on the importation of 43 items. The central bank said the restrictions initially imposed in 2015 may have contributed to the weakening of the naira on...
Bitcoin News / Bitcoin.com - 6 months ago
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its...
Cryptocoins News / The Cointelegraph - 6 months ago
Nigeria’s central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira threatens Nigeria’s financial stability....
by COINS NEWS - 6 months ago
The Nigerian central bank has disputed media reports suggesting its Sept. 11, 2023 document implies that its e-naira currency poses a threat to financial stability. The central bank said it felt compelled “to clarify the reports to ensure that...
Bitcoin News / Bitcoinist - 6 months ago
Following Switzerland’s announcement at the Sibos 2023 conference in Toronto about live transactions with a CBDC (Central Bank Digital Currency) taking place by the end of the year, the XRP community is currently shrouded in a web of claims, co...
Bitcoin News / Bitcoin Magazine - 6 months ago
The emergence of Central Bank Digital Currencies (CBDCs) has ignited widespread interest, sparking enthusiasm among central bankers, generating curiosity within financial media, and fueling spirited debates in the Bitcoin community. Among cryptocurre...
Bitcoin News / Bitcoin.com - 6 months ago
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to...
Bitcoin News / Bitcoin.com - 6 months ago
Zimbabwean residents and institutions can now pay or settle domestic transactions using the recently launched gold-backed digital tokens, the central bank has said. Bank governor John Mangudya said the central bank has enlisted the services of extern...
by COINS NEWS - 6 months ago
Project Mandala looks to automate compliance procedures, provide real-time transaction monitoring and increase transparency and visibility around country-specific policies. The project explores the feasibility of encoding policy and regulator...
Bitcoin News / Bitcoin.com - 7 months ago
Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements. For Sachs, the abuse of t...
Cryptocoins News / The Cointelegraph - 7 months ago
Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy. Juan Agustín D’Attel...
Cryptocoins News / The Cointelegraph - 7 months ago
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows. A common argument made in favo...
by COINS NEWS - 7 months ago
The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. The Bank for In...
Cryptocoins News / The Cointelegraph - 7 months ago
The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving cross-border payments.“ Representatives of Banque de Fran...
Cryptocoins News / The Cointelegraph - 7 months ago
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. Mário...