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Nalezeno "Reserve Bank": 385

Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

5.9.2022
The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS is reportedly participating

India’s Central Bank Governor Warns Crypto Market May Crash and Small Investors Will Lose Money

26.8.2022
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies. RBI Governor’s Crypto Warnings The governor of the Indian...

South African Reserve Bank encourages friendly behavior with crypto

18.8.2022
The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity

US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts

18.8.2022
The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they...

Binance distances from WazirX as Indian regulators keep chasing crypto

15.8.2022
The ownership of WazirX became a hot topic as CZ claimed the deal never went through, but three years later, there’s still no clarity

Reserve Bank of Zimbabwe ‘Developed a Roadmap for Adoption of CBDC,’ Says Governor

14.8.2022
The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Mangudya also revealed that two fintech startups had been admitted into the central bank’s...

Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases

10.8.2022
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital...

The Reserve Bank of Australia to explore use cases for CBDC

9.8.2022
The pilot project will last a year, and the details for potential participants will be published in the next few months

Reserve Bank of Australia Starts New Pilot to Explore CBDC Use Cases

9.8.2022
The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC)

Soaring Inflation Puts Central Banks on a Difficult Journey

5.8.2022
Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________... Read More: Soaring Inflation Puts Central Banks on a Difficult Journey

South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry

3.8.2022
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading...

Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say

30.7.2022
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into...

Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency

21.7.2022
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue...

Indian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration

19.7.2022
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international...

India needs global collaboration to decide on crypto's future, says finance minister

18.7.2022
Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation

South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan

17.7.2022
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services....

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...