Cryptocurrency Analysis and News Portal
The Bank of Thailand has published the results of a new study into how to manage the implications of issuing a retail central bank digital currency (CDBC) for the country’s financial sector.As distinct from a wholesale CBDC, which is limited to use by financial institutions and intermediaries, a retail CBDC
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De Nederlandsche Bank, the central bank of the Netherlands, issued a warning to Binance Holdings Limited and its entities offering crypto services to local residents.In a Wednesday statement, De Nederlandsche Bank said the major crypto exchange was not operating in compliance with the country’s Anti-Money Laundering and Anti-Terrorist Financing Act,
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Digital asset exchange and service provider, Crypto.com, has launched withdrawals via U.S. dollar bank transfers for institutional clients across more than 60 countries.According to an August 18 announcement, the expanded fiat functionality for institutional account holders has been enabled by its partnership with Circle.Institutional customers are now able to withdraw
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The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report from state-run Shanghai Securities News yesterday, the branch has recently “cleaned up and rectified” 11 new companies suspected of engaging in illicit crypto trading.The report did not
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