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With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
29.3.2022
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks" as the demand grows
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
Vietnamese Government and Central Bank Developing Legal Framework for Crypto
29.3.2022
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal Framework...
From taxes to electricity, blockchain adoption is growing in Austria
28.3.2022
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech
Russia Looks to Bolster its Bitcoin & Crypto Mining Industry Amid War in Ukraine
28.3.2022
Russia appears keen to foster its Bitcoin (BTC) and crypto mining sector – and appears to have assured miners that sanctions, imposed due to Russia's invasion of Ukraine, will not impede their ability to continue mining tokens. However, the long legal struggle for legalization is continuing...
Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
28.3.2022
The central bank said that cryptos carry high risks, which includes financial crimes, piracy and the loss of value
Ghana CBDC Development: New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency
28.3.2022
In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists the institution is open to suggestions that will help it to successfully launch the digital...
Coinbase Reportedly Nears Mercado Bitcoin Purchase as Binance Readies Rio Expansion
28.3.2022
Crypto exchange giants Coinbase and Binance could be set to go head-to-head with their expansion plans in Brazil. The former is reportedly eyeing a major M&A deal to buy one of the biggest crypto exchange platforms in the Latin America region, while Binance has confirmed it will open its...
Anonymous Claims It Has Released 28GB of Bank of Russia Documents
28.3.2022
Hacking group Anonymous has reportedly published a large amount of data allegedly belonging to the Bank of Russia. The release comes after the collective announced it had hacked Russia’s central bank earlier this week, a claim that was denied by the monetary authority in Moscow. Anonymous...
Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
27.3.2022
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global...
Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’
26.3.2022
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.”...
The Prospects, Possibilities, and Dangers of CBDCs
25.3.2022
Suren Ayriyan is the Managing Partner and CEO at TEMPO Payments, a digital money transfer company.
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Today, 15 countries – including China, Saudi Arabia, and South Africa – are testing their own centralized digital currencies: Central Bank Digital Currencies (CBDCs). Another...
Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank
25.3.2022
The Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adoption of Cryptocurrencies The Moroccan central bank governor, Abdul Latif Al Jawhari, has said...
Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News
25.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News
Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim
25.3.2022
Anonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assault on Ukraine, now says it’s also targeting foreign companies still operating in Russia....
Jamaica’s central bank digital currency and the problems it hopes to solve
25.3.2022
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation
Report: Kenya Central Bank Governor Reiterates His Opposition to Cryptocurrencies
25.3.2022
The Kenyan central bank governor has once again told Kenyans to be wary of the risks that are associated with cryptocurrency transactions and trading. The governor also warned financial institutions supporting cryptocurrency transactions that they risk losing their licenses. Crypto Trading...
Bitcoin Royalty Flock to Bukele’s Court as President Talks of ‘Short Delay’ to BTC Bonds
25.3.2022
El Salvador’s President Nayib Bukele is playing host to a dazzling array of international bitcoiners – while also taking the time to “flex” on American Senators on Twitter.
In the past few hours, Bukele has posted pictures of himself with Ricardo Salinas Pliego, one of the richest men...
Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation
25.3.2022
On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after lots...
Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework
24.3.2022
The Bank of England has revealed that it is working on sketching a regulatory framework for crypto assets, according to statements stemming from the central bank’s Financial Policy Committee on Thursday. BOE Stresses Crypto Assets Need Effective Public Policy Frameworks On Thursday, the Bank...