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Hong Kong real estate giant leads $90M raise for crypto bank Sygnum

6.1.2022
Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022

Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too

6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected. At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...

Polish Banks Mull CBDC, Cryptoasset Projects

5.1.2022
Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets - with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to launch its...

Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline

5.1.2022
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon...

India’s Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be Regulated

5.1.2022
A renowned economist who is a member of India’s Monetary Policy Committee says that a total cryptocurrency ban is difficult to implement and “would only increase illegal activities and participation in the darknet.” She believes that crypto assets should be regulated. Monetary...

China’s Digital Yuan Wallet App Now in iOS and Android App Stores

5.1.2022
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android...

China’s central bank releases pilot version of digital yuan wallet

4.1.2022
The "e-CNY (Pilot Version)" app was made available for download on the Chinese Android and Apple app stores on Tuesday

Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

4.1.2022
China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country.... Read More: Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’

4.1.2022
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank...

Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News

3.1.2022
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: Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News

Bank of Jamaica completes first CBDC pilot

3.1.2022
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021

India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection

2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...

Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits

2.1.2022
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability...

Sberbank Launches First Blockchain ETF in Russia

2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...

Mexico Announces It Will Issue Its Own Digital Coin by 2024

1.1.2022
The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the official account of the presidency of Mexico informed that the development should be ready towards 2024, and remarked about the importance the technology has for...

El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief

31.12.2021
A former Governor of the central bank of El Salvador has claimed that the state-run Chivo bitcoin (BTC) app would have already been shut down by regulators if it were a private company.... Read More: El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief

Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading

30.12.2021
Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan...