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A court in Rio de Janeiro has ruled in favor of Brazilian crypto exchange Mercado Bitcoin in a case over the closure of one of its checking accounts. The judicial instance turned down an appeal filed by Banco Sicoob against a decision by the district court in Barra da Tijuca which granted the exchange the … Read more
One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.” Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for … Read more
Public and banks are at opposite poles when it comes to central bank digital currencies, South Korea central bank suggests Go to Source Powered by WPeMatico
Tencent survey says that China launching its own digital currency is a major area of disagreement among local economists Go to Source Powered by WPeMatico
Iran central bank suggests new regulations could enact a partial ban on cryptocurrency Go to Source Powered by WPeMatico
South Korea’s central bank says there’s no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research Go to Source Powered by WPeMatico
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless. Crypto adoption in Iran is growing steadily, with government economic … Read more
An Indian research institute established by the country’s central bank has developed a roadmap for blockchain implementation in the country’s banking sector Go to Source Powered by WPeMatico
Huw van Steenis, senior adviser to the Governor of the Bank of England, says that cryptocurrencies fail fundamental financial tests and are slow Go to Source Powered by WPeMatico
Bitcoin’s problems are only solvable by departing from proof-of-work, according to research conducted by the Bank for International Settlements Go to Source Powered by WPeMatico
