ECB executive board member talks about current state of digital euro CBDC research
Fabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well designed European CBDC. Go to Source Powered by WPeMatico
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National Bank of Georgia to Regulate Country’s Crypto Sector
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related services. Central Bank of Georgia to Propose Cryptocurrency Regulations Georgia’s … Read more
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade Sanctions Not Possible, Central Bank of Russia Says … Read more
Sweden’s central bank completes second phase of e-krona testing
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank. Go to Source Powered by WPeMatico
Bitcoin slides below $44K in April first as trader warns ‘something is off’ with BTC
All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance. Go to Source Powered by WPeMatico
Georgian central bank prepares legislation to regulate the crypto market
The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly. Go to Source Powered by WPeMatico
BTC starts 2022 all over again — 5 things to know in Bitcoin this week
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week. Go to Source Powered by WPeMatico
Why the rise of a Bitcoin standard could deter war-making
If nation-states held their reserves in Bitcoin, instead of fiat, they would be less incentivized to go to war, says CSO at the Human Right Foundation, Alex Gladstein. Go to Source Powered by WPeMatico
With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks” as the demand grows. Go to Source Powered by WPeMatico
Vietnamese deputy PM calls for building legal framework for digital assets
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past. Go to Source Powered by WPeMatico