Search

Nalezeno "NJ Governor": 491

California 'BitLicense' Bill Vetoed by Governor Gavin Newsom

24.9.2022
California Governor Gavin Newsom vetoed Assembly Bill 2269, saying it would be "premature" to create a licensing regime specific to crypto without considering feedback from stakeholders and the cost of a new licensing structure

India’s Central Bank Governor Warns Crypto Market May Crash and Small Investors Will Lose Money

26.8.2022
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies. RBI Governor’s Crypto Warnings The governor of the Indian...

Bank of Finland governor says digital euro could facilitate pan-European services to consumers

24.8.2022
"An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable," claimed Rehn

Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor

24.8.2022
While making a case for digital euro, Bank of Finland governor Olli Rehn said that CBDCs won't be subject to price volatility of private cryptos

Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’

23.8.2022
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will...

RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report

23.8.2022
The central bank has maintained banning cryptocurrency is the most suitable choice for India

Reserve Bank of Zimbabwe ‘Developed a Roadmap for Adoption of CBDC,’ Says Governor

14.8.2022
The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Mangudya also revealed that two fintech startups had been admitted into the central bank’s...

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

14.8.2022
It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic....

Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’

9.8.2022
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel...

South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry

3.8.2022
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading...

Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs

1.8.2022
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates the CBK governor Patrick Njoroge...

Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’

26.7.2022
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe...

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

21.7.2022
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable...

Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function

19.7.2022
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. According to Emefiele, this requires the central...

Australian central bank governor favors private sector crypto technology

18.7.2022
Phillip Lowe believes that there are risks in dealing with cryptocurrency that can be mitigated by strong regulations, but the tech should be made by private companies

Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’

17.7.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on with the job” and regulate crypto under the principle...

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...