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Indian Supreme Court to Rule on Central Bank’s Crypto Banking Ban
24.2.2020
The building of the Indian Supreme court In New Delhi, India. Source: iStock/anil_shakya19
India’s Supreme Court is set to rule on a legal challenge to restrictions placed on banks dealing with cryptocurrency traders imposed by the central Reserve Bank of India (RBI). If the challenge proved...
‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec
24.2.2020
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier
Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
24.2.2020
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...
Sweden’s Central Bank Finally Embraces DLT – But Only in Simulation Mode
21.2.2020
Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021
G20: Think Tank, Ministers, Central Bankers to Talk Crypto, CBDC Policy
21.2.2020
In December 2019, Saudi Arabia took over the G20 presidency from Japan, becoming the first Arab nation to take over the G20 presidency. The G20 will once again tackle the issue of cryptocurrencies and central bank digital currencies (CBDCs), with an influential think tank, ministers and central...
OSCE Sponsors Cryptocurrency Course for Central Asia Law Enforcement
21.2.2020
The OSCE held a course on the darkweb and cryptocurrencies for law enforcement officials from Kazakhstan, Kyrgyzstan, Tajikistan and other Central Asian countries
In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
21.2.2020
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims...
Sweden Is Testing Its New Central Bank Digital Currency
20.2.2020
Get ready for the e-krona!
Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto
20.2.2020
Brazil’s central bank president stated that its new payment platform is intended to compete with blockchain-based payment technologies
Brazil’s Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies
20.2.2020
The PIX payments system is coming to Brazil next winter, promising almost instant transfers for individuals and businesses
South Korea’s Central Bank Is Building a New Blockchain System for the Bond Market
20.2.2020
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market
Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General
20.2.2020
Israeli banks should not deny services to firms involved with crypto, attorney general Avichai Mandelblit said
‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus
18.2.2020
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number...
Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
18.2.2020
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
18.2.2020
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which...
Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’
17.2.2020
Russia is looking at creating a regulatory distinction between asset tokenization and 'pure' cryptocurrencies
China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says
17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week