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Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet
13.5.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open...
Report: Tanzania Closer to Launching a CBDC
12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...
Chile puts CBDC plans on hold until end of 2022 to undertake more analysis
12.5.2022
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
11.5.2022
In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
11.5.2022
The trading and custody service is being provided by blockchain infrastructure company Paxos
Bank of Israel claims 'public support' for its CBDC project
11.5.2022
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy
Indian central bank’s 'informal pressure' disrupted payments: Coinbase CEO
11.5.2022
"I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
11.5.2022
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means...
Sony Bets New PS5 Stock On A Post-Covid World (Whenever That Happens)
10.5.2022
We’re over a year into the PlayStation 5’s lifecycle and Sony still can’t make anywhere near enough of them. It hopes that could change soon. The company is promising to sell 18 million more PS5s in the next year if the current covid lockdown in China only lasts a couple of months. With the global...
Sand Dollar CBDC Could ‘Foster Financial Inclusion’ in the Bahamas - IMF
10.5.2022
The Sand Dollar, a central bank digital currency (CBDC) developed by the Bahamas, has the potential to “foster financial inclusion and payment system resilience” in the Caribbean nation, a new report from the International Monetary Fund (IMF) has said....
Read More: Sand Dollar CBDC Could...
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
10.5.2022
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that...
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
10.5.2022
Design principles are due out later this week, though no final decision has been taken on the digital peso
Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning
10.5.2022
After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue...
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
10.5.2022
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech sector
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
10.5.2022
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”...
Ukraine's New Fundraising Platform Supports Over 100 Cryptos
9.5.2022
Ukraine's President Volodymyr Zelenskyy has launched a new fundraising platform, dubbed United24, which accepts donations in more than 100 different cryptoassets.
The list of supported cryptoassets ranges from popular cryptos like bitcoin (BTC), ethereum (ETH), binance coin (BNB), to recently...
Deribit and OKX attract significant traffic from China despite a blanket ban: report
9.5.2022
Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk
Quelle surprise: Central African bank scolds the CAR for Bitcoin adoption
9.5.2022
The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States
Binance Stops Crypto Derivatives Trading in Spain at Regulator’s Request – Report
9.5.2022
A media outlet has claimed that the crypto exchange Binance has been forced to halt all crypto derivatives trading in Spain at the behest of the national markets regulator....
Read More: Binance Stops Crypto Derivatives Trading in Spain at Regulator’s Request – Report