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Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases
11.4.2022
The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there...
The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System
9.4.2022
While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift...
South African Central Bank Governor: Regulators and Policymakers Must Be Involved in Shaping Potential Move to DLT Markets
9.4.2022
The head of the South African central bank has insisted that regulators and policymakers should be involved in directing any potential move to markets that are based on distributed ledger technology (DLT). Pondering the Implications of Innovation The governor of the South African Reserve Bank...
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
9.4.2022
For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis
India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor
9.4.2022
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would go about it in a very calibrated, graduated manner, assessing impact all along the line,”...
FDIC Asks All Banks to Report Crypto Activities
8.4.2022
A top U.S. banking regulator has asked banks to report on their “crypto-related activities,” citing potential “safety and soundness risks as well as financial stability concerns” resulting from exposure to crypto assets
The FDIC wants US banks to report on current and intended crypto-related activities
7.4.2022
The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102
7.4.2022
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward...
Commonwealth Bank's Crypto Services Face Regulatory Delays: Report
7.4.2022
There are a bunch of rules that you need to follow, regulator Cathie Armour said talking about the country's policies
Sweden’s central bank completes second phase of e-krona testing
6.4.2022
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank
HSBC debuts metaverse investment fund in Asia: Report
6.4.2022
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March
More than three-quarters of central banks considering a CBDC: research
5.4.2022
The report by PwC shows that 80% of central banks are considering or have already launched a CBDC
Two Major Banks Roll out Blockchain-powered ID Solution for Military Servicepeople
5.4.2022
Two of South Korea’s largest banks are set to launch a blockchain-powered digital certificate platform for military personnel – which will allow soldiers to use smartphone-based ID solutions to open savings accounts without having to set foot in a brick-and-mortar bank branch....
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First Mover Asia: DBS Bank's Ditching Retail Crypto Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Cryptos Rise Late Sunday
4.4.2022
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency
2.4.2022
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed...
Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives
31.3.2022
Goldman Sachs completed a novel crypto OTC trade last week, something Acting Comptroller of the Currency Michael Hsu warned may lead to further tail risks
From taxes to electricity, blockchain adoption is growing in Austria
28.3.2022
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech
Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks
26.3.2022
Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank
25.3.2022
The Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adoption of Cryptocurrencies The Moroccan central bank governor, Abdul Latif Al Jawhari, has said...
Jamaica’s central bank digital currency and the problems it hopes to solve
25.3.2022
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation