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Reserve Bank of New Zealand Releases Digital Currency Consultation Paper


The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version will not only be government-backed but will also...

Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency


The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in Fiji was illegal and that penalties could be applied...

New Zealand Begins Plans To Introduce CBDC


An open survey on "Digital Cash," a potential central bank digital currency (CBDC), has begun, according to the Reserve Bank of New Zealand (RBNZ). This was revealed in a consultation document that the central bank published on April 17. The post New Zealand Begins Plans To Introduce CBDC appeared...

Reserve Bank of Fiji Says Crypto Not Recognised as Legal Tender


The central bank of the Pacific island country of Fiji has released a note to the public cautioning that investment in cryptocurrencies and virtual assets such as Bitcoin, Ethereum, Tether are not recognised as legal tender in the country. The post Reserve Bank of Fiji Says Crypto Not Recognised...

Best Crypto to Buy Now April 15 – CORE, NEO, PENDLE


With cryptocurrency markets are choppy on Monday as traders weigh potentially easing geopolitical risks in the Middle East against another stronger-than-expected US economic data release, which has pushed traders further downsize bets on near-term rate cuts from the US Federal Reserve, crypto...

Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics


As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for...

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