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US Treasury Prohibits Transactions With Russia's Central Bank
28.2.2022
The U.S. Treasury has prohibited transactions with the Central Bank of Russia and imposed sanctions on a key Russian sovereign wealth fund
Russians Ditch Ruble, Central Bank Scrambles as Fiat ‘Destruction’ Looms
28.2.2022
Reports on social media claim that citizens in Russian have been spending their cash on luxury items, electronics, and other goods in a bid to dump the ruble before the markets reopen today.
A Moscow Times journalist claimed that the “mood” was similar to 2014, when the Russian markets were...
Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban
28.2.2022
Brokers will not be able to execute trades on Russian equities for non-residents as central bank prepares for a tumultuous market opening
Private Banks Propose to Help Design Digital Currency in Mexico
27.2.2022
Private banks in Mexico want to join efforts with the central bank of the country in the creation of a new digital currency. The president of the Mexican Bank Association (ABM) met with the governor of the Bank of Mexico to offer the help of the group of private banks for the creation of a […]
Russian Rubles Could Become 'Worthless' as Allies Target Central Bank After SWIFT Move
27.2.2022
After the EU, Canada, and the US agreed to remove selected Russian banks from the SWIFT messaging system, the Russian Central Bank is to be targeted next, which could make rubles "close to worthless."
In a joint statement on Saturday evening, the allies said they commit to ensuring that...
Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average
26.2.2022
After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for...
Russian Central Bank Ramps up USD Exchange Rate as Ruble Run Worries Mount
25.2.2022
Russia’s Central Bank is desperately trying to avoid a run on the fiat ruble in response to incoming sanctions measures from the EU, the United States, and their allies. And as the Ukraine crisis deepens, the bank has unleashed yet more extreme measures – which may eventually include freezing...
Crypto Donations Pour into Ukraine - Here's How You Can Contribute
25.2.2022
Cryptoassets are proving themselves to be a useful method to raise money for organizations in Ukraine, as banks implement new restrictive measures and at least one fiat-based fundraising service has suspended donations to a Ukrainian non-profit....
Read More: Crypto Donations Pour into Ukraine...
Central Bank of Argentina Prepares New Regulations for Digital Wallets
25.2.2022
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
24.2.2022
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military...
Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma
24.2.2022
James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares.
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Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become...
With War Starting and Markets Dropping, Questions Multiply About Central Banks’ Policies
24.2.2022
As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming...
Ukraine Central Bank Suspends Use of Electronic Money Following Russian Invasion
24.2.2022
Ukraine's central bank banned the issuance of electronic money and the replenishment of electronic wallets following Russia's invasion
Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments
22.2.2022
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft...
Caribbean CBDC Stays Down for More Than a Month as Technical Woes Continue
22.2.2022
DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has remained offline for more than a month as technical issues continue to impact the platform, triggering growing concern among its users.
“The DCash platform remains unavailable, resulting...
Crypto Twitter is not happy with the name and logo of Jamaican CBDC
22.2.2022
The Jam-Dex is named after the Jamaican Digital Exchange following a competition. Its slogan is "no cash, no problem."
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
21.2.2022
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move
Russia Inches Closer to Crypto Regulation as Ministry Hands Gov’t its Draft Bill
21.2.2022
Russia’s Ministry of Finance says it has formally submitted its draft bill on crypto regulation to the government – a move that could finally put an end to the political in-fighting that has dogged politicians in their bid to police the industry....
Read More: Russia Inches Closer to Crypto...
President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change
21.2.2022
Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not consider bitcoin a payment method. Instead, Velarde...
Supply Disruptions Add to Inflation, Undermine Recovery in Europe
20.2.2022
Kristalina Georgieva is Managing Director of the International Monetary Fund (IMF), Oya Celasun is Assistant Director in the European Department and leads the surveillance of the German economy, and Alfred Kammer is the Director of the European Department at the IMF.
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With supply...