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Honduras gets its first Bitcoin ATM
27.8.2021
The “la bitcoinera” machine allows crypto enthusiasts to purchase BTC and ETH using the local fiat currency provided they are willing to scan their IDs and disclose certain personal information
India CBDC pilot may commence in December, says RBI governor
27.8.2021
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe
Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset
26.8.2021
A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international...
El Salvador's Bitcoin adoption may transform remittance in Central America
25.8.2021
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender
Brazil’s central bank president endorses crypto regulation
20.8.2021
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market
Thailand's central bank outlines safeguards for a future retail CBDC
19.8.2021
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
19.8.2021
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief...
Draft El Salvador Bitcoin banking regulations released
19.8.2021
El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin
Costa Rican Central Bank: Crypto’s Not Illegal & We Don’t Need a CBDC
19.8.2021
The Costa Rican central bank chief has warned the public about the risks involved with investing in crypto – but also made a point of noting that tokens such as bitcoin (BTC) are “not illegal” in the country.
According to Deporticos, Rodrigo Cubero, the President of the Banco Central de Costa Rica...
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
18.8.2021
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities...
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
18.8.2021
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left...
Dutch central bank claims Binance is operating illegally
18.8.2021
The warning follows authorities in several countries issuing statements warning investors to exercise caution in regards to Binance, or claiming the exchange was operating illegally
Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve
18.8.2021
Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than bitcoin. Charles Schwab’s Strategist Skeptical of Cryptocurrency Charles Schwab Chief Investment...
Ghana's digital cedi must emulate cryptocurrencies, Afroblock states
17.8.2021
Afroblocks co-founder urges Ghana's central bank to involve the in-house crypto experience and expertise to help e-cedi succeed
Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
17.8.2021
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain...
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
16.8.2021
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing...
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
15.8.2021
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital...
US Inflation Continues to Rise Amid Lockdown Talk, Producer Prices Jump 7.8%, Biden Blames OPEC
14.8.2021
The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and producer metrics from July have been published by the U.S. Bureau of Labor Statistics...
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet...
Bank of Ghana Selects German Technology Firm as Partner for CBDC Project
13.8.2021
The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with banks, payment service providers, merchants...