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Nalezeno "Central Bank": 3612

Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’

16.11.2021
Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank. In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber...

Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry

16.11.2021
Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting was an outcome of a consultative process involving the central bank, the Reserve Bank of India (RBI), the Ministry of Finance, and the Home Ministry. PM Modi...

Tanzania’s Zanzibar reportedly exploring ways to adopt crypto

15.11.2021
More African countries are considering adopting Bitcoin as the local crypto market surged over 1,200% in one year

Interest Rates: Why the Era of Cheap Money Is Finally Ending

14.11.2021
John Whittaker, Senior Teaching Fellow in Economics, Lancaster University.____ The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will soon...

Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO

14.11.2021
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years...

India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors

12.11.2021
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors...

Analysts: Lack of Trust in Nigerian Government an Impediment to CBDC’s Success Prospects

12.11.2021
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist...

Botswana Does Not Have Regulatory Framework for Crypto — Central Bank

12.11.2021
The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding...

US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years

11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....

Chinese retail giant JD accepts digital yuan payments for Singles Day

11.11.2021
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021

Nigerian banks tracking customer accounts for crypto trading

11.11.2021
Personal accounts with large multi-day inflow and outflow are being tracked per an order by the country's central bank

Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says

11.11.2021
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...

Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders

10.11.2021
Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns...

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs

10.11.2021
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian...

Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors

10.11.2021
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin

UK Treasury and central bank will consult on CBDC, potentially launching by 2030

9.11.2021
"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made

Russian Central Bank Says No As Ministries Hope to Legalize Bitcoin Mining

9.11.2021
The Russian Ministry of Economic Development has expressed a willingness to legalize Bitcoin (BTC) and crypto mining, and has the backing of the Ministry of Energy – but as so often is the case with Russian politics and all things crypto-related, the Central Bank wants to throw a spanner into...