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Australia’s Central Bank Says Bitcoin ‘Not Really Money,’ No Risk to Financial Stability
5.2.2021
The Reserve Bank's assistant governor for financial systems, Michelle Bullock, said there is "a lot of fuss over bitcoin."
China’s Central Bank Is Partnering With SWIFT on a New Joint Venture
3.2.2021
It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved
Interoperability will determine CBDC winners and losers
2.2.2021
To be first is to set the tone for the industry and control the space — a tactic otherwise known as the first-mover advantage
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
31.1.2021
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means...
Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session
30.1.2021
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s...
Irish central bank governor says crypto investors could lose all their money
29.1.2021
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability
Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands
29.1.2021
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues...
BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
29.1.2021
Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital...
Central banks must play ‘pivotal role’ in digital money, says BIS exec
28.1.2021
An exec at the Bank for International Settlements wants central banks to helm the evolution of digital money
BIS: CBDC Research Gaining Steam but Widespread Issuance Years Away
27.1.2021
Central banks remained adamant cryptocurrency does not factor into their CBDC calculus
86% Of Surveyed Central Banks Now Engage In CBDC Work - BIS
27.1.2021
As the world’s central banks are increasingly looking into central bank digital currency (CBDC) projects, their focus is shifting into more advanced stages of CBDC engagement, with more banks moving from conceptual work to experimentation, according to a new report by the Bank for International...
Central banks representing a fifth of world’s population likely to issue CBDC in 3 years: BIS
27.1.2021
Many nations are moving to advanced stages of CBDC engagement, according to the Bank for International Settlements
Dutch Bitcoin Exchange Takes Central Bank’s KYC Requirements To Court
27.1.2021
Dutch bitcoin (BTC) exchange Bitonic has filed for a preliminary injunction at a Rotterdam court in a bid to suspend a wallet verification rule enacted by the De Nederlandsche Bank (DNB), the country’s central bank. The platform said its decision is motivated by the fact that the imposed know your...
Dutch Bitcoin exchange drags central bank to court over wallet KYC rule
27.1.2021
One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law
Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
27.1.2021
Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had...
Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity
27.1.2021
The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by...
Bank of England Governor Warns Cryptocurrencies Won’t Last
27.1.2021
The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies...
Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee
26.1.2021
India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank...
Philippines' central bank to license crypto trading and custody firms
26.1.2021
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers