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India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy

17.5.2022
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system...

Bitcoin, Bukele and a bevy of central bankers meet in El Salvador

17.5.2022
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions

17.5.2022
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank. 9,219 Bank Accounts Blocked Iran’s Ministry...

CBDC activity heats up, but few projects move beyond pilot stage

16.5.2022
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow

David Marcus Launches Bitcoin Payments Startup Lightspark

16.5.2022
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities...

‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele

16.5.2022
Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).... Read More: ‘44 Nations Meeting in El Salvador to Talk...

Indian Central Bank Says Cryptos Could Lead to "Dollarization" of Economy: Report

16.5.2022
Cryptos can lead to "dollarization" of a part of the economy, which would be against the country's sovereign interest, according to a report

Report: Central African Banking Regulator Says Crypto Ban Still Effective

15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...

Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel

14.5.2022
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank...

Central Bank of Chile Studies Issuance of a Digital Currency

14.5.2022
The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency...

Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans

13.5.2022
The local monetary authority surprised banks by banning them from offering crypto, but so far it's left local exchanges alone

ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

13.5.2022
The ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency

Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

13.5.2022
Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB

Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise

13.5.2022
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser...

Report: Tanzania Closer to Launching a CBDC

12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...

Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI

12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...