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Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
27.4.2024
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected...
Custodia Bank takes case to higher court after March setback
26.4.2024
Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
26.4.2024
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
26.4.2024
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership
Chinese 'Crypto Dad' faces government investigation
26.4.2024
Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations
Accomplice William Morro Arrested And Charged In OneCoin Crypto Fraud Case
25.4.2024
William Morro, an accomplice in OneCoin crypto fraud scheme, has been arrested by the United States Department of Justice for his role in the multi-billion dollar scam, Tuesday court documents reveal. He has charged with one count of conspiracy to commit bank fraud just weeks after co-conspirator...
Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President
25.4.2024
The digital euro will likely not launch until 2028 or 2029, Germany's central bank president, Dr. Joachim Nagel, said on Wednesday.
The post Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President appeared first on Cryptonews
Brazilian Megabank Nubank Launches BTC, ETH, SOL Withdrawals
25.4.2024
The Brazilian megabank Nubank is launching withdrawal services for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), in the latest bullish move from the neobank.
The post Brazilian Megabank Nubank Launches BTC, ETH, SOL Withdrawals appeared first on Cryptonews
The Bitcoin-hating European Central Bank isn't doing much to stop scammers
25.4.2024
The European Central Bank is too busy attacking Bitcoin to worry about the myriad of real scams perpetrated by con artists in the industry
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges
24.4.2024
The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and recommended that individuals interested...
How a Conservative German Bank Offering Crypto Makes Sense
24.4.2024
Germany is a relatively conservative financial market, and landesbank are among its most conservative institutions. So what is the country’s largest landesbank doing launching crypto services? Noelle Acheson explains
iPhone Currently Not Compatible with Digital Euro: ECB Board Member
24.4.2024
An ECB executive board member wants Apple to change how iPhone payments work to support a potential digital euro. He claims the tech giant's current system may not support offline payments for any European Central Bank digital currency.
The post iPhone Currently Not Compatible with Digital Euro:...
Nigeria’s central bank forced to deny claims of crypto account freeze
24.4.2024
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited
G+D to Assist Central Bank of Mauritania in CBDC Design
24.4.2024
G+D and Mauritania focuses mainly on the potential advantages of a digital Mauritanian Ouguiya for the nation’s economy and society.
The post G+D to Assist Central Bank of Mauritania in CBDC Design appeared first on Cryptonews
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin
24.4.2024
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes...
Mauritania Central Bank Partners With Giesecke+Devrient to Develop a National CBDC
23.4.2024
The Central Bank of Mauritania (CBM) has partnered with Giesecke+Devrient (G+D) to develop and launch a digital version of the national currency. The Germany-based security technology firm is expected to assist the CBM in outlining the prerequisites for a national Central Bank Digital Currency...
Kenya Establishes Multi-Agency Group To Lead Crypto Regulation
23.4.2024
Kenya is initiating efforts toward crypto regulation, with the government forming a multi-agency team that includes the central bank.
The post Kenya Establishes Multi-Agency Group To Lead Crypto Regulation appeared first on Cryptonews
Chile Edging Closer to CBDC Launch
23.4.2024
Chile is tentatively moving toward the launch of a CBDC, with the public seemingly firmly behind the central bank’s plans.
The post Chile Edging Closer to CBDC Launch appeared first on Cryptonews
Swiss Bitcoin Advocates Launch Petition Urging National Bank to Hold BTC Reserves
22.4.2024
A group of Bitcoin enthusiasts based in Switzerland is making a renewed effort to convince the Swiss National Bank (SNB) to include Bitcoin in its reserves.
The post Swiss Bitcoin Advocates Launch Petition Urging National Bank to Hold BTC Reserves appeared first on Cryptonews
World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs
22.4.2024
The World Economic Forum recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored the potential of wCBDCs to alleviate significant industry challenges and address key pain points.
The post World Economic Forum Study Reveals 98% of Central...