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Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s deposits. Increase in the Banking System’s Interest Expenses Israel’s central bank, the … Read more
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that looks at the benefits and risks that come with such a currency, the bank’s deputy governor has said. The Investigation Phase The deputy governor of the Rwandan central bank, Soraya Hakuziyaremye, recently … Read more
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which DAO has the most potential in 2022. Go to Source Powered by WPeMatico
The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions. Go to Source Powered by WPeMatico
The nation has a patchwork of largely crypto-friendly, region-specific rules that can finally get standardized. Go to Source Powered by WPeMatico
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public. Go to Source Powered by WPeMatico
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which memecoins can get you the most return on investment in 2022. Go to Source Powered by WPeMatico
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia … Read more
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward. Go to Source Powered by WPeMatico
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief Announces Legislative Plan for … Read more
