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Ukraine set to legalize crypto by 2025 under strict regulations
12.12.2024
Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives
Rwanda Preparing to Regulate Cryptocurrencies: ‘Cannot Get Rid of Them,’ Says Governor
27.11.2024
Rwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National...
Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
8.11.2024
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation. Speaking at an event hosted by Aargauische Kantonalbank...
Bybit Expands Global Presence With VASP Registration by the National Bank of Georgia
6.11.2024
Bybit has announced its registration as a Virtual Asset Service Provider (VASP) by the National Bank of Georgia, marking a significant step in the company’s commitment to regulatory compliance in the country. This registration aligns with Bybit’s global compliance strategy, which...
National Bank of Bahrain Launches Bitcoin Investment Product
10.10.2024
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s leadership in fintech while offering accredited investors...
National Bank of Bahrain rolls out its first Bitcoin investment fund
7.10.2024
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside
National Bank of Bahrain Rolls Out Bitcoin Investment Fund
7.10.2024
The National Bank of Bahrain (NBB) has launched a new structured investment product tied to Bitcoin (BTC). It…
Cambodia’s Bakong Tourists app boosts regional payment options
20.8.2024
The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand
Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
9.8.2024
The small Central Asian country is currently taking public comments on its framework legislation
Swiss National Bank and SDX Delve Deeper Into CBDCs, Tokenized Securities
20.6.2024
The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party
Ripple partners with National Bank of Georgia to digitize economy
10.6.2024
Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy
Ripple grows influence with Georgian National Bank partnership
10.6.2024
Despite being in a lawsuit against the SEC for years, Ripple is still generating a buzz in the market. The venture recently entered into a partnership with the NBG (National Bank of Georgia). That is not all, as a recent report shows 80% of Japanese banks are partnering with Ripple. Most of these...
Rwanda’s CBDC Taking Shape? Central Bank Explores Tokenized Retail CBDC
9.5.2024
The National Bank of Rwanda is assessing possible opportunities for a CBDC, adopting latest innovative technologies.
The post Rwanda’s CBDC Taking Shape? Central Bank Explores Tokenized Retail CBDC appeared first on Cryptonews
Rwandan central bank proceeds with ambitious retail CBDC project
8.5.2024
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy
Swiss National Bank Chair Jordan Discusses Two Alternatives to Wholesale CBDC
7.5.2024
The Swiss National Bank is investigating alternative options to its wholesale CBDC, said Thomas Jordan, the bank's chairman of governing board.
The post Swiss National Bank Chair Jordan Discusses Two Alternatives to Wholesale CBDC appeared first on Cryptonews
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
27.4.2024
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily...
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...
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
Belarus CBDC ‘Will Let Nation Decentralize Cross-border Trade,’ 2026 Rollout Confirmed
8.2.2024
Belarus’ Central Bank thinks its new CBDC will let Minsk “decentralize cross-border trade,” and has earmarked a national rollout for 2026. Per ONT, the National Bank of Belarus (NBB)’s Deputy Head of Research and Strategic Development Mikhail Demidenko, said: “The [goal] is primarily...
Belarus Sanctions ‘Antidote?’ Minsk Confirms ‘Blockchain-powered CBDC’ Launch
7.2.2024
Minsk is looking for ways to end Belarus’ sanctions woes, with its central bank confirming the planned launch of a blockchain-powered CBDC. Per Sputnik Belarus, the National Bank of Belarus (NBB) is keen to make use of smart contract technology. A spokesperson told reporters on February 3: “We plan...