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Banks face new risks from permissionless blockchains, BIS warns
30.8.2024
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to "control and limit access" to cryptocurrency assets
Crypto amplified financial risks in emerging markets: BIS papers
22.8.2023
Central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto, but warned against excessively prohibitive laws
How crypto could be good for CBDC and vice versa: Industry exec explains
23.12.2022
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs
Vietnamese deputy PM calls for building legal framework for digital assets
29.3.2022
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past
Tanzanian Central Bank Governor: Cryptocurrencies Not Outlawed, Traders Should Invest at Own Risk
15.12.2021
The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk. Central Bank Open to Ideas The governor of the Bank of Tanzania (BOT), Florens Luoga, recently...
Nigeria's central bank reportedly freezes crypto traders' accounts
8.11.2021
In February, the CBN banned banks from servicing crypto exchanges in the country, citing concerns including volatility, money laundering, and the financing of terrorism
Bank of Spain issues registration guidelines for crypto services
26.10.2021
All individuals and institutions in the country, including banks, will have to sign up using the new AML registry from the Bank of Spain
Crypto adoption is a ‘huge challenge,' says Chinese central bank exec
24.9.2021
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins
Bank of Russia asks stock exchanges to not list crypto-related firms
22.7.2021
The Bank of Russia’s new stock exchange recommendations do not apply to central bank digital currencies and authorized digital assets issued in Russia
Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
28.6.2021
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on...
Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’
15.6.2021
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the necessary preparations for a step-change in global attitudes towards banking. However, in her address...
Bahamas' Sand Dollar nears commercial rollout as interoperability completed
29.3.2021
Following cybersecurity assessments, commercial institutions are being cleared to issue the world's first CBDC — the Bahamas' Sand Dollar
ECB President Christine Lagarde Says ‘It’s out of the Question’ That Central Banks Would Hold Bitcoin
11.2.2021
The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency. Lagarde remains skeptical about bitcoin, having recently said it “has...
BoE Governor: cryptocurrencies of today are destined to fail long term
26.1.2021
The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
14.10.2020
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors
JP Morgan: CBDC Threatens Hegemony of US Dollar
22.5.2020
JPMorgan warns that control over trade finance and cross-border payment mechanisms is slipping from the U.S. amid the growth of digital currencies
Blockchain Is Not a Panacea for Finance, Says Russian Bank Official
3.4.2020
The Central Bank of Russia's Deputy Governor Olga Skorobogatova said that blockchain proved to be far from the "universal solution" many claimed it would be
Bank of Japan Official Calls for Deeper Understanding of Digital Currencies
27.2.2020
Advanced economies should focus on addressing money laundering and oversight instead of issuing digital currencies, says a Bank of Japan official
China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC
10.1.2020
People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
Bahamas Central Bank Will Pilot Digital Currency Starting December 27
26.12.2019
The Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27