French Central Bank Conducts Fifth Experiment on Tunisia CBDC

The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the banks’ joint effort to create conditions that are “conducive to a better inclusion of the Tunisian […]

Go to Source

Powered by WPeMatico

Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official

Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says OfficialHerman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial markets. Banks Already Cooperating According to a Russian news site, Regnum, the anti-money […]

Go to Source

Powered by WPeMatico

Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers

Russian President Vladimir Putin Asks Attorney General Office to Combat Illegal Cross-Border Crypto TransfersThe Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight Against the Usage of Cryptos for Illicit Purposes According to a transcript […]

Go to Source

Powered by WPeMatico

Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal.  Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The […]

The post Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes

Bitcoin Mules Flood China as OTC Cryptocurrency Trading FlourishesAfter the Chinese government banned local bitcoin exchanges from operating in the country some industrious people have begun going abroad to buy the cryptocurrency and reselling it in China for a premium. There are now so many of these ‘bitcoin mules’ that their profit margins are rapidly declining.   Also Read: Okex Fights Market Manipulation […]

The post Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico