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Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
16.10.2020
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency...
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
16.10.2020
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of England Governor Andrew Bailey talked...
Central banks should be ready with CBDCs, says Bank of Canada exec
15.10.2020
Timothy Lane says the central bank is developing a CBDC at "a good pace.”
‘No single digital currency will dominate the world’ Bank of Japan now says
15.10.2020
Japan's policymakers appear disconcerted by the advancement in China's CBDC iniative
The Bahamas central bank wants to make its digital 'Sand Dollar' global
15.10.2020
The Bahamas’ digital currency is currently used domestically
Nigeria Protest Group Asks for Bitcoin Donations After Regulators Blocks Bank Account
15.10.2020
A Nigerian protest group called Feminist Coalition is asking well-wishers to make donations via bitcoin after authorities reportedly blocked the organization’s bank account. Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian...
Crypto traders cautious on Bitcoin price as rally to $11.7K goes sour
14.10.2020
Traders are becoming cautious about Bitcoin price after repeated rejections at the $11,500 level following the recent rally
Russian Central Bank Wants to Cap Bitcoin Buying at USD 7,800 a Year
14.10.2020
Once again, Russia has a worrying idea for the local crypto industry and users as Russia’s Central Bank announced a new proposal that would seek to place an annual cap of around USD 7,800 (BTC 0.68) on crypto purchases for everyone in the country barring accredited investors.
In an official...
Bank of Russia Seeks Limit on Amount of Digital Assets Retail Investors Can Buy
14.10.2020
Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740
Starbucks and McDonald’s reportedly not testing China’s digital yuan
14.10.2020
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
14.10.2020
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors
Reserve Bank of Australia still researching the CBDC it says it doesn’t need
14.10.2020
The Reserve Bank of Australia is continuing to explore how to design and operate a CBDC
Australian Central Bank Sees ‘No Strong Public Policy Case’ for CBDC
14.10.2020
The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said
The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
13.10.2020
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving
Digital Ruble Can Help Track Government Spending, Bank of Russia Says
13.10.2020
The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding
Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations
13.10.2020
The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC
Bank of Russia issues consultation paper on digital ruble
13.10.2020
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
European Central Bank seeks public input on digital euro
13.10.2020
A digital euro would not replace cash, but complement it, says the European Central Bank
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
13.10.2020
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready...
Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi
13.10.2020
Alexander Lebedev. Source: a video screenshot, Youtube/Александр Лебедев
A Russian media mogul and former bank chief who is set to launch an ambitious new, DeFi-themed cryptobank project in Switzerland has taken a swipe at the conventional banking system and countries that allow themselves...