Financial Stability Board: Crypto Could ‘Challenge Any Framework’
The Financial Stability Board has stated that crypto could “challenge any framework” Go to Source Powered by WPeMatico
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MEP Kaili: Banks Can’t Stop Us From Using Blockchain
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
Bank of Spain Warns Citizens Against Crypto Given Lack of Local Regulations
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
Major Philippines Bank Union Bank Launches Two-Way Crypto ATM: Report
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
Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account
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
Union Bank of the Philippines Launching Cryptocurrency ATM
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
State-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central Bank
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 Reveals Chinese Economists Divided on Future of Blockchain, Crypto
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 Will Consider Expert Input Before Enacting Crypto Regulations
Iran central bank suggests new regulations could enact a partial ban on cryptocurrency Go to Source Powered by WPeMatico
S. Korea’s Central Bank Says It Won’t Issue a Digital Currency in Near Future
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