Bitcoin News / Bitcoin.com - 7 months ago
The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market...
Bitcoin News / Google News Bitcoin - 7 months ago
Robert Kiyosaki Expects Bitcoin to 'Become Priceless' When the Fed Launches Central Bank Digital Currency ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 7 months ago
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Br...
Cryptocoins News / The Cointelegraph - 7 months ago
According to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same period in 2022. The governor of Banco Central...
Bitcoin News / Bitcoin.com - 7 months ago
The Bank of Tanzania said on Sept. 25 that it has kickstarted an initiative that seeks to boost the country’s foreign exchange reserves by buying gold with local currency. The bank said its objective is to acquire six tonnes of gold from miners...
Bitcoin News / Bitcoin.com - 7 months ago
Despite the role it has played in narrowing the financial inclusion gap, the e-naira central bank digital currency still poses a risk to financial stability. In addition to bolstering the financial inclusion rate, the central bank claimed that the CB...
Cryptocoins News / The Cointelegraph - 7 months ago
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally. Fint...
Cryptocoins News / The Cointelegraph - 7 months ago
The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme. The Hong Kong Monetary Authority (HKMA) has i...
Cryptocoins News / The Cointelegraph - 7 months ago
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore. Singapore’s centra...
Cryptocoins News / The Cointelegraph - 7 months ago
The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs. Three central banks have joined the beta ph...
More / Bitcoin Reddit - 7 months ago
We often tend to perceive inflation as a concern limited to other nations: Countries like Venezuela, Zimbabwe, Argentina, Turkey, Syria, Zambia, Iran, Lebanon, Sudan, and so forth. In reality, inflation is a universal concern that transcends bo...
Cryptocoins News / Blockchain - 7 months ago
Swift, a leading provider of secure financial messaging services, has announced beta testing of its Central Bank Digital Currency (CBDC) interoperability solution. The initiative aims to bridge the gap between digital and fiat-based currencies, with...
Cryptocoins News / Blockchain - 7 months ago
The Hong Kong Monetary Authority (HKMA) and the Bank of Israel (BOI) have collaborated on a report titled "Project Sela – An accessible and secure retail CBDC ecosystem". The project aims to create a retail central bank digital currency framework tha...
Bitcoin News / Bitcoin.com - 7 months ago
Reserve Bank of India (RBI) Governor Shaktikanta Das has revealed that India’s central bank digital currency (CBDC) now has around 1.5 million users. In addition, over 300,000 merchants are currently accepting payments in digital rupees, and th...
Cryptocoins News / The Cointelegraph - 7 months ago
Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and loca...
Cryptocoins News / The Cointelegraph - 8 months ago
Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees. The National Payments Corpo...
More / Bitcoin Reddit - 8 months ago
Hi Guys, What do you think are the key strengths of Bitcoin in comparison to the digital currencies that central banks are developing? Thanks for your thoughts! submitted by /u/Shotara10 [link] [comments]