[Sep 27, 2023 5:30 AM] 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…
[Sep 19, 2023 7:03 AM] The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
[Sep 12, 2023 10:11 PM] The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would "undermine the American way of life."
[Sep 12, 2023 3:45 PM] The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
[Sep 6, 2023 2:21 AM] Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
[Aug 30, 2023 2:52 AM] Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio.
[Aug 25, 2023 12:30 PM] The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell…
[Aug 23, 2023 12:23 AM] Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.
[Aug 22, 2023 7:45 AM] Central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto, but warned against excessively prohibitive laws.
[Aug 20, 2023 2:30 PM] A newly published Reuters poll reveals that most economists concur: the U.S. Federal Reserve has likely capped its rate hikes. Yet, rate cuts aren’t anticipated until March 2024. This survey drops just as markets approach the annual Jackson Hole…
[Aug 17, 2023 7:28 AM] Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.
[Aug 16, 2023 3:30 AM] The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated”…
[Aug 12, 2023 1:30 AM] Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with real transactions and users…
[Aug 10, 2023 11:07 PM] A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
[Aug 10, 2023 3:34 AM] This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them.
[Aug 9, 2023 3:30 AM] Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its…
[Aug 7, 2023 5:44 PM] The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions.
[Jul 31, 2023 3:50 AM] South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency.
[Jul 30, 2023 2:30 AM] Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering…
[Jul 28, 2023 10:10 AM] James Wallis said the decision that Ripple's sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry.
[Jul 28, 2023 6:46 AM] The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes.
[Jul 26, 2023 8:00 AM] The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.
[Jul 25, 2023 4:00 PM] President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other…
[Jul 21, 2023 5:30 AM] The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble…
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