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Nalezeno "central": 4307

Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage

26.3.2021
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC...

Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by Governments

25.3.2021
Microsoft President Brad Smith says that “The world is best served when currencies are issued, backed by and regulated by governments.” He further emphasized that he is not a fan of encouraging the private sector to issue digital currencies. Microsoft’s President Says Currency...

Central Banks Focus On Financial Inclusion As Cryptos Get Traction

25.3.2021
Central banks are seemingly looking to steal the show from decentralized cryptocurrencies as they are also aiming to increase financial inclusion by issuing central bank digital currencies (CBDCs). China "We still have a lot of remote areas, or poor areas, and in those areas people...

European Central Bank tries to quell Germans' doubts about digital euro

25.3.2021
A future digital euro wouldn't be a threat to savers, say officials from the European Central Bank

Microsoft president says fintechs should leave currency to central banks

24.3.2021
Microsoft president Brad Smith is not keen on the idea of technology companies issuing private stablecoins

German federal bank runs successful blockchain system without a CBDC

24.3.2021
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed

The Turkish Lira Plunges Following Removal of a Central Bank Governor, BTC Searches up

23.3.2021
The Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar...

China’s digital yuan will offer best privacy protection, says official

22.3.2021
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs

Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore

22.3.2021
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and...

Nigeria's central bank not discouraging people from trading crypto, says governor

21.3.2021
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks

Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector

21.3.2021
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says...

Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law

21.3.2021
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. Thailand Bans Baht-Pegged Stablecoin The Bank of Thailand,...

Bank of Thailand plans to regulate asset-backed stablecoins this year

19.3.2021
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021

Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin

18.3.2021
Source: iStock/Jan-Otto The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine the Thai public’s confidence in the existing financial system. The stablecoin in question is the THT, the brainchild...

Thailand’s central bank warns against ‘illegal’ THT stablecoin

18.3.2021
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers

French Lawmaker Signs Petition to Allow Central Bank to Buy and Hold Bitcoin

14.3.2021
A French parliament member has signed a petition to amend the laws to enable the central bank of France to buy and hold bitcoin as well as other cryptocurrencies. The petition urges lawmakers to urgently consider the matter, warning that not owning bitcoin will put France “in a financially...

Goldman Sachs Reports Rising Customer Demand for BTC: Predicts an ‘Explosion’ in the Use of Digital Currencies

12.3.2021
John Waldron, the chief operating officer (COO) of Goldman Sachs, says the financial services giant is seeing rising customer demand to own and invest in bitcoin. Nevertheless, the COO explained that his organization was still exploring ways of satisfying this demand without running afoul...