ECB President Mario Draghi: Cryptos Are Not Currencies, They Are Very Risky Assets
Cryptocurrencies are not real currencies, according to European Central Bank president Mario Draghi Go to Source Powered by WPeMatico
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Singapore Central Bank Says It ‘Does Not See Much’ in Ripple’s Cryptocurrency
The Monetary Authority of Singapore has little faith in Ripple’s payment products, according to a senior official Go to Source Powered by WPeMatico
Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment
Singapore and Canada have managed to send each other a digital transaction without an intermediary Go to Source Powered by WPeMatico
UK Central Bank Deputy Governor Dave Ramsden: Crypto Is Not a Store of Value
The deputy governor of U.K.’s central bank said that crypto assets are too volatile to be a store of value Go to Source Powered by WPeMatico
Local Media: Afghanistani, Tunisian Central Banks Consider Issuing Bitcoin Bonds
The issuance of a bitcoin bond is being considered by Afghanistan and Tunisia’s central banks Go to Source Powered by WPeMatico
RBI Excludes Cryptocurrency From Indian Regulatory Sandbox
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request RBI Welcomes Blockchain Tech The … Read more
Philippines Now Has 10 Approved Cryptocurrency Exchanges
The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far. Meanwhile, one of the country’s largest banks now has a bitcoin ATM at one of its main branches. In addition, the Cagayan Economic Zone Authority has independently licensed 24 crypto … Read more
Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service
Veerathai Santiprabhob, the Central bank governor of Thailand, reportedly endorsed startup Everex’s blockchain remittance system Go to Source Powered by WPeMatico
WEF Report: 40 Central Banks Are Considering Digital Currencies, Blockchain Tech
A recent report by the WEF reveals that at least 40 central banks around the world are considering blockchain technology and central bank digital currencies Go to Source Powered by WPeMatico
Pakistan’s Central Bank Aims to Issue Its Own Digital Currency by 2025
Jameel Ahmad, the deputy governor of the State Bank of Pakistan, declared that the institution aims to issue a digital currency by 2025 Go to Source Powered by WPeMatico
