Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”
Calibra’s David Marcus explained at WEF what is the primary purpose of digital currencies Go to Source Powered by WPeMatico
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World Economic Forum Debuts Framework for Central Bank Digital Currency
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies Go to Source Powered by WPeMatico
The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances
Neither fiat nor crypto, but a mixture of both: What are the stablecoins really for? Go to Source Powered by WPeMatico
India Central Bank Says It Hasn’t Banned Crypto
The Reserve Bank of India (RBI) says it has not banned cryptocurrency usage — only the regulated avenues leading to it Go to Source Powered by WPeMatico
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments Go to Source Powered by WPeMatico
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. Also read: … Read more
RBI Confirms Crypto Not Banned in India
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in the entities it regulates, such … Read more
Six Major Central Banks to Collaborate on Digital Currency Research
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group Go to Source Powered by WPeMatico
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance, and less invasive crypto measures. Also read: Regulatory … Read more
Indian Supreme Court Hears In-Depth Arguments Against RBI Ban
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside its jurisdiction and power in placing a banking restriction on … Read more