Central Bank Financial News

22.11 / 11:57

Stablecoin Adoption Central Bank Terra Usd Hong Kong believes stablecoin volatility can spillover to traditional finance

The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over to the traditional financial system.

15.11 / 05:07

Adoption Report Central Bank BIS NOT Bitcoin buyers drawn by rising prices, not dislike for banks: BIS report

Bitcoin (BTC) investors are more likely enticed by the cryptocurrency’s rising prices, rather than their dislike of banks or its perceived use as a store of value, a new report from the Bank for International Settlements (BIS) suggests.

10.11 / 13:59

BLOCK Digital Central Bank Bitcoin Russian Central Bank Still Saying No to Use of Crypto in Settlements

Russia’s Central Bank has thrown another spanner into the crypto adoption plans of the nation’s pro-business Ministry of Finance – by saying it still opposes the use of coins in settlements and “accounting” scenarios.

09.11 / 18:49

Law Adoption regulation Central Bank Some central banks have dropped out of the digital currency race

As countries around the world race to launch a central bank digital currency (CBDC), some jurisdictions have slowed down or dropped out of the race altogether.

08.11 / 17:53

regulation Central Bank Tax Financial New Report: Russian Central Bank Looks to Integrate ‘Digital Assets’ Into its Financial System

The Central Bank of Russia (CBR) has released a report that focuses on digital assets and how the new technology could be integrated into its traditional financial system.

06.11 / 15:27

markets Banks Central Bank Bitcoin Buying Bitcoin 'will quickly vanish' when CBDCs launch — Arthur Hayes

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks.

05.11 / 00:57

Blockchain CBDC Adoption Central Bank banking system CBDCs are a declaration of war against the banking system claims economist

CBDCs are a declaration of war against the banking system, Richard Werner — development economist and professor at De Montfort University — told Cointelegraph at Web Summit on Nov. 4.

31.10 / 17:07

Adoption Banks Central Bank Reserve Reserve Bank of India to reportedly launch digital rupee pilot in November

The Reserve Bank of India (RBI) is on track to debut the central bank digital currency (CBDC) after announcing the digital rupee project in February this year.

26.10 / 13:23

Stablecoin Central Bank Bitcoin Singapore MAS proposes to ban cryptocurrency credits

The Monetary Authority of Singapore (MAS) is introducing proposals to better regulate the cryptocurrency industry in the aftermath of the bankruptcy of the Singaporean crypto hedge fund Three Arrows Capital (3AC).

26.10 / 12:03

cryptocurrency Central Bank Singapore Proposes Regulation On Crypto Trading, Stablecoin

MAS said it discourages the public from speculative trading in cryptocurrencies.

29.09 / 16:41

CBDC regulation Central Bank The Caribbean is pioneering CBDCs with mixed results amid banking difficulties

The Caribbean region is in a tough situation for banking. The 35 nations comprising the region face challenges common to many tiny economies, such as dollarization and dependence on foreign trade and remittances. In addition, the increasingly common banking practice called de-risking is taking a heavy toll. So, it is probably no coincidence that the region is also at the forefront of digital currency adoption.

28.09 / 22:29

CBDC Payments regulation Central Bank Israel, Norway and Sweden's central banks partner with BIS to explore CBDC

The Bank for International Settlements, or BIS, has reported it will be partnering with the central banks of Israel, Norway and Sweden to explore international retail and remittance payments use cases for central bank digital currencies, or CBDCs.

16.09 / 13:37

Digital Platform Central Bank Bitcoin Specialist Russian Central Bank Wants to Hire a Crypto Specialist

Russia’s Central Bank has announced that it wants to hire a “cryptocurrency” expert – a massive turnaround for the bank, which earlier this year proposed a blanket ban on all things crypto-related.

14.09 / 01:30

Adoption Bitcoin Payments Central Bank regulatory OpenNode sets up BTC payment infrastructure in Bank of Bahrain regulatory sandbox

Bitcoin infrastructure provider OpenNode will test a Bitcoin payment processing and payouts solution in the Central Bank of Bahrain’s (CBB) regulatory sandbox, the company announced Sept. 13. This is the latest of several steps the kingdom has taken to join the crypto economy both on its own and as a member of the Cooperation Council for the Arab States of the Gulf (GCC).

13.09 / 22:41

Blockchain Adoption regulation Central Bank regulatory New regulatory bill grants Uruguayan Central Bank control over the nation's crypto industry

The Uruguayan government has introduced legislation to the parliament that acceleratin the regulation of the crypto space in the country and establishing the central bank as the regulatory authority.

29.08 / 22:43

Stablecoin regulation ICO Central Bank Future South Korean central bank eyes MiCA, says future regulations may allow ICOs again

The South Korean central bank has indicated that initial coin offerings (ICOs) will be allowed under the Digital Assets Framework Act, according to a local news report. That comprehensive legislation is expected to be introduced in 2023 and implemented the following year.

29.08 / 12:39

regulation ICO Central Bank end South Korea’s Central Bank Calls for End to ICO Ban

29.08 / 12:31

cryptocurrency Central Bank Taliban Release Arrested Crypto Dealers, Ban Crypto in Afghanistan

26.08 / 13:41

business Central Bank Bitcoin Singapore MAS examines crypto firms ahead of new regulations: Report

The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues.

18.08 / 06:23

education Central Bank Chinese Parents to Use Digital CNY ‘Smart Contracts’ to Pay for After-school Lessons

17.08 / 13:09

Government Central Bank Taxes National tax evasion Colombia to prevent tax evasion with national digital currency: Report

Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national digital currency plans.

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