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Ireland's Central Bank Governor calls for ban on crypto ads targeting young adults: Report
25.1.2023
Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
21.1.2023
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors...
Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes
20.1.2023
According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process of replacing old and high-value shilling bills...
WEF 2023: CBDCs need to find a 'real problem' to solve, says SARB governor
18.1.2023
The central bank governor highlighted that the South African Reserve Bank would rather follow than become a first mover in retail CBDCs
Bank of England governor questions need for digital pound
17.1.2023
BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade
Indian Central Bank Governor asks for a blanket ban on Crypto
16.1.2023
Shaktikanta Das, the Indian Central Bank governor, said that crypto is gambling. The governor also called for a blanket ban on crypto at a Business Today event. Given the skepticism shown by government officials, crypto enthusiasts are getting flustered about the future of crypto gambling sites....
Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’
16.1.2023
India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned that crypto “will undermine the authority of the RBI and lead to the dollarization...
Report: Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert
15.1.2023
The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an international financial markets expert has reportedly said. Adebajo also suggested that the Central Bank of Nigeria governor Godwin...
India's Central Bank Governor Calls Crypto "Gambling," Asks for Blanket Ban Again!
15.1.2023
India’s central bank governor has once again expressed skepticism toward cryptocurrencies, saying these assets are “nothing but gambling” and asking for a blanket ban.
Speaking at a Business Today event, Shaktikanta Das claimed cryptocurrencies don't have any intrinsic value and their perceived...
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
12.1.2023
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading...
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies
8.1.2023
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration...
French central bank governor pushes for crypto licensing ahead of EU laws
6.1.2023
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."
Report: Morocco Central Bank Governor Says Crypto Draft Law Now ‘Ready’
3.1.2023
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence...
Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency
30.12.2022
During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, over 90% of this total was reportedly used to fund expenses associated with the production...
Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists
27.12.2022
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian...
Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK
24.12.2022
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have...
India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned
23.12.2022
The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic...
Next Financial Crisis Will Be From Crypto if It's Not Banned: Indian Central Bank Governor
21.12.2022
India's central bank Governor Shaktikanta Das has predicted that the next financial crisis will come from private cryptocurrencies if these are regulated and not banned outright
Australian CBDC receives unexpected interest but could hurt banks: RBA
8.12.2022
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...