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The central bank of Lithuania has updated its position on cryptocurrencies and tokens issued through initial coin offerings. The regulator has revised the definition of these assets specifying the conditions under which financial institutions can operate with digital money and accept crypto payments. Also read: Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account … Read more
A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed. Also Read: Survey: ‘Blockchain’ Was … Read more
In a recent report, Japan’s central bank examines the effect of central bank digital currencies Go to Source Powered by WPeMatico
Central bank digital currencies (CBDCs) and Bitcoin could scarcely be more different. One is permissioned, the other permissionless; one centralized, the other decentralized; one is censorable, the other censorship-resistant. Despite their dissimilarities, CBDCs might just be the best driver yet for Bitcoin adoption. Also read: Mobile Gifting Platform Swych Announces Cryptocurrency Support CBDCs Are the Best … Read more
The birth of a national Iranian digital currency has been postponed. However, blockchain remains a hot topic in the Islamic Republic of Iran, intertwined with international sanctions and the clash between conservatives and moderates Go to Source Powered by WPeMatico
Central Bank of Chile states cryptocurrencies will not substitute fiat money unless they get a comprehensible legal framework Go to Source Powered by WPeMatico
The Financial Stability Board has stated that crypto could “challenge any framework” Go to Source Powered by WPeMatico
Central banks have too much control over people’s deposits, according to Eva Kaili, a member of the European Parliament Go to Source Powered by WPeMatico
Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting in crypto Go to Source Powered by WPeMatico
The Philippines: major local bank Union Bank establishes what is reportedly the country’s first two-way crypto ATM Go to Source Powered by WPeMatico
