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Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
30.6.2022
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart the adoption of digital assets
Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal
30.6.2022
After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.”
According to a new consultation...
Singapore Central Bank Reprimands Three Arrows Capital for Providing False Information
30.6.2022
The fund also exceeded the threshold of assets it could manage in Singapore, according to the central bank
Russian central bank exec is OK with crypto mining under one condition
30.6.2022
A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments
Report: Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC
30.6.2022
Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...
La caída de las criptomonedas podría continuar debido a la complejidad del sistema, dice Deutsche Bank
29.6.2022
Como bitcoin y otros activos son de alto riesgo y especulativos, se ven afectados de manera desproporcionada por los ajustes del banco central, dijo el banco
Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight
29.6.2022
"Neither of the current CBDCs in circulation, such as the Sand Dollar and the digital yuan, accrue interest on deposits," said Yang
We Now Understand How Little We Understand About Inflation – Fed’s Powell
29.6.2022
The current high levels of inflation in both the US and Europe have given central bankers an opportunity to “understand better how little we understand about inflation,” US Federal Reserve (Fed) chair Jerome Powell said.
Speaking at the European Central Bank’s (ECB) Forum on Central Banking...
Bitcoin holds $20K as ECB warns inflation may never return to pre-COVID lows
29.6.2022
Markets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent
VTB sealed the first deal with digital financial assets in Russia
29.6.2022
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain
Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity
29.6.2022
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said
Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites
29.6.2022
An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues.
Per ENews Today, K-Bank, the banking partner of the market-leading crypto exchange Upbit, is “experiencing...
New York Community Bank to Hold Assets Backing Circle's USDC
28.6.2022
The partnership marks the first time for a community bank to custody reserves for a stablecoin
CBDCs ‘An Investment’ to Protect the Fiat System, Cash Will Disappear, Swedish Central Banker Says
28.6.2022
A central bank digital currency (CBDC) is “an investment” to protect the current fiat monetary system, according to a central banker from Sweden, who also argued that cash will soon be history....
Read More: CBDCs ‘An Investment’ to Protect the Fiat System, Cash Will Disappear, Swedish Central...
Las preocupaciones por el invierno cripto no detuvieron a los inversores, según Bank of America
28.6.2022
La tecnología blockchain es la evolución más significativa del software desde Internet, según un informe del banco
Bank of America Says Crypto Winter Concerns Haven't Frozen Investor Interest
28.6.2022
Blockchain technology is the most significant evolution of software since the internet, the report said
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
28.6.2022
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value
28.6.2022
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will...
Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon
27.6.2022
The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering...