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Nalezeno "Nu Bank": 7680

Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

3.11.2022
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital...

CZ on central bank digital currencies: 'The more we have, the better'

3.11.2022
Binance CEO Changpeng "CZ" Zhao says there is room for CBDCs and crypto, and that he didn't see it as a threat to his company or the sector

Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services

2.11.2022
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot...

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

2.11.2022
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth...

Bank of International Settlement will test DeFi implementation in forex CBDC markets

2.11.2022
The centralized financial institution says the automated market making technology in DeFi can serve as a 'basis for a new generation of financial infrastructure."

Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading

2.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines...

Union Bank of the Philippines launches Bitcoin and Ethereum trading

2.11.2022
UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm

Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’

2.11.2022
According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record...

Chinese Central Bank Governor: User Privacy and Financial Security Key Principles Guiding CBDC Design Process

2.11.2022
According to Yi Gang, governor of China’s central bank, the process of designing the country’s digital currency is premised on two principles, the protection of user privacy as well as ensuring “financial security.” To achieve this, the central bank’s role will...

Singapore bank DBS uses DeFi to trade FX and state securities

2.11.2022
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore

Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC

1.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase...

Bitcoin, Ethereum Technical Analysis: BTC Consolidates as Markets Prepare for 0.75% Rate Hike

1.11.2022
Bitcoin was consolidating below a key resistance level on Tuesday, as market volatility rose ahead of the upcoming U.S. Fed decision. Tomorrow’s Federal Reserve meeting will likely see interest rates increased, as the bank battles inflation. Ethereum moved below $1,600 in today’s...

CBDC: Indian Central Bank Begins Digital Rupee Pilot

1.11.2022
The Reserve Bank of India (RBI), the country’s central bank, has started a pilot program of its digital currency today, in cooperation with nine banks. It also released a Concept Note on Central Bank Digital Currency (CBDC) for India. Bloomberg reported that “several lots of bonds were traded,”...

Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

1.11.2022
China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume

El Salvador's Bitcoin purchase information can't be made public: Trustee

1.11.2022
As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants

Indian Central Bank RBI Begins First Digital Rupee Pilot Today

1.11.2022
India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or...

Nigeria’s Central Bank Doubles Down on Plans to Introduce Newly Designed Naira Banknotes

31.10.2022
The Nigerian central bank was, on Oct. 29, forced to defend its controversial currency redesign plans, just a few days after they were publicly questioned by Nigerian Finance Minister Zainab Ahmad. The central bank insists the move is long overdue and urged Nigerians “to support the currency...