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Kyrgyzstan central bank plans to introduce licenses for crypto exchanges
12.2.2021
The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance
Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban
12.2.2021
Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold
Nigerian Senators Blast Central Bank For Its Crypto Ban
12.2.2021
Following the Central Bank of Nigeria’s (CBN) clampdown on banks facilitating crypto investments, a number of the country’s senators have voiced their outrage at the bank, calling on the Nigerian regulators to facilitate the further adoption of cryptocurrencies across the country. The CBN Governor...
Nigeria's SEC suspends planned crypto regulations amid central bank ban
12.2.2021
Nigeria’s securities regulator has backed the central bank’s crypto ban by suspending its planned regulatory framework for digital assets
Nigeria’s Senate Summons Central Bank Chief to Explain Crypto Ban
12.2.2021
The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies
Bitcoin has made the Naira almost useless, says Nigerian Senator
11.2.2021
A cross-section of Nigerian senators have reacted to the recent Bitcoin ban enacted by the country’s central bank
ECB President Christine Lagarde Says ‘It’s out of the Question’ That Central Banks Would Hold Bitcoin
11.2.2021
The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency. Lagarde remains skeptical about bitcoin, having recently said it “has...
Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
10.2.2021
Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial...
Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban
9.2.2021
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies
State of Crypto: India and Nigeria’s Crypto Crackdowns Continue Old Trends
9.2.2021
Both nations hope to prevent banks from providing services to crypto companies
Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
9.2.2021
China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan...
G7 to discuss CBDC and digital taxation this week
9.2.2021
The G7 will begin its Feb. 12 meeting on the subject of central bank digital currencies, before moving to digital taxation and accelerating global debt
Cordoba Becomes the First Argentinean Province to Impose Taxes on Crypto-Related Activities
9.2.2021
In Argentina, a provincial legislature has voted in favor of a bill to impose new taxes on gross incomes from crypto transactions. Cordoba’s central province is now the first one to impose crypto taxes in the country, which involves crypto exchange platforms and retail traders. Approved...
South Korean Central Bank: Build Legal Boundary Between CBDCs & Crypto
8.2.2021
Source: Adobe/Снежана Кудрявцева
The South Korean central bank – the Bank of Korea (BOK) – wants Seoul to draw a line between central bank digital currencies (CBDCs) and cryptoassets, and hopes the government will make an eleventh-hour adjustment to a key crypto law that promulgates next month.
The...
Bank of Korea publishes book on central bank digital currency's legal issues
8.2.2021
South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency
Hardware wallet for digital yuan debuts in Xiong’an New Area
8.2.2021
China’s first hardware wallet for the digital yuan supports dual offline payments without an internet connection
Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
7.2.2021
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
6.2.2021
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that...
India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market
6.2.2021
The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As...
Russia’s regulatory sandbox and the implementation of blockchain tech
6.2.2021
The regulatory sandbox that came into effect in Russia last month is aimed at boosting innovative technology implementation