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Ghana gearing for central bank digital currency pilot

4.6.2021
Ghana is striving to become the first African nation to float a central bank digital currency

Indian central bank remains anti-crypto, affirming ‘no change’ in its stance

4.6.2021
The Reserve Bank of India's ban on banks' dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies

Bank of Ghana ‘in the Advanced Stages of Introducing a Digital Currency’— Governor Repeats Anti-Cryptocurrency Claims

4.6.2021
The governor of Ghana’s central bank, Ernest Addison, has said his institution is now “in the advanced stages of introducing a digital currency.” However, before its release into circulation, the digital currency—which is also known as the “e-cedi”— will...

Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets

4.6.2021
PRESS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are looking for ways to convert their digital assets into cash at an affordable rate. The Central Bank of the Philippines has recorded P76 billion (US$ 1.5B) worth of transactions processed by local virtual...

Digital bank Anchorage offers Ethereum-backed loans to institutions

4.6.2021
Institutional investors can get USD on credit without liquidating their ETH

ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’

4.6.2021
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. The regulator is concerned about the prospect...

QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases

3.6.2021
On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.” Federal...

Russian central bank policies stop Tinkoff from offering crypto trading, CEO says

3.6.2021
Russia has officially legalized crypto trading this January but the government still doesn’t allow local banks to offer crypto services

Russian Bitcoin critic says he would have bought BTC for 100 rubles

3.6.2021
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov said he wanted to buy Bitcoin before the ban but the price was too high

European Union to Release Digital Wallet for Payments Next Year

3.6.2021
The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with...

Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery

3.6.2021
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.3 million) will be distributed to Chinese citizens. Beijing and China’s...

ECB says digital euro may be needed to combat 'artificial currencies'

3.6.2021
The ECB’s annual euro report stressed that a digital euro may be needed to fight off the threat of “artificial currencies” from “foreign tech giants.”

Standard Chartered Bank Launching Cryptocurrency Exchange and Brokerage

2.6.2021
Major banking corporation Standard Chartered is launching a cryptocurrency exchange and brokerage service, giving its clients access to cryptocurrencies, such as bitcoin and ether. Standard Chartered joins a growing list of major banks worldwide that have embraced cryptocurrency. Standard Chartered...

China to hand out $6.2M in new digital yuan trial in Beijing

2.6.2021
Beijing residents should apply to participate in the lottery until midnight on June 7

Bitcoin Will Face Tougher Regulation as Popularity Grows, Says Sweden’s Central Banker

2.6.2021
The Swedish central bank’s governor says bitcoin will face tougher regulation given its sheer popularity that continues to grow. “When something gets big enough, things like consumer interests and money laundering come into play,” said Stefan Ingves, Governor of the Riksbank....

Euro investment bank predicts shortfall in blockchain and tech investment

1.6.2021
The EU is billions of dollars behind China and the U.S. when it comes to investment in blockchain and articifical intelligence, says the EIB

Major Indian Bank HDFC Says ‘It’s a Matter of Time Before Indian Investors Have Legal Access to Crypto Plays’

1.6.2021
One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays.” This statement came as the bank scrutinizes crypto transactions...