No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange. Source
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Iran Central Bank Branch Set on Fire, Crypto Community Follows Events
Iranian protesters have set the building of the Central Bank of the Islamic Republic of Iran in the city located in the city of Behbahan on fire, as the cryptocurrency community closely follows the developments.The official twitter profile of libertarian media company BeingLibertarian published a video of what is
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Central Bank of China Starts Trials to Restrict Large Cash Transactions
The People's Bank of China (PBOC) announced that it will pilot a restriction on large-scale cash transactions in three different regions across the country, with one expert calling the move paving the way for its upcoming digital Renminbi token (RMB).On Nov. 14, local news outlet Xinhuanet reported that the
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Ex-Federal Reserve Chairman Greenspan: ‘No Point’ Issuing Central Bank Digital Currency
The former Federal Reserve chairman Alan Greenspan said at a conference that it is pointless for central banks to issue their own digital currencies.Presenting his views, Greenspan said that national (fiat) currencies are backed up by sovereign credit and therefore are far superior to digital assets proposed by tech giants
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Canadian Once Anti-Crypto Bank RBC Now Poised to Jump on the Crypto Wagon
Canada’s largest bank, the Royal Bank of Canada (RBC), is reportedly looking to venture into the highly volatile and controversial (at least in the banking community) crypto market, according to a report by the Logic. Besides being the biggest bank in Canada, accruing more than $965 billion in total assets,
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Canadian Bank Changes Bitcoin Tune, May Launch Cryptocurrency Exchange
The Royal Bank of Canada (RBC) is exploring building a cryptocurrency trading platform for both investments and in-store/online purchases. This move would make the bank — the largest in Canada by market capitalization, with $661 billion CAD ($499 billion) in assets under management — the first in the country to
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China’s Central Bank Executive: ‘Controllable Anonymity’ with State’s Digital Currency
As China moves forward towards the launch of the digitized version of its traditional currency, investors and financial authorities all over the world closely monitor and assess its implications for the general public.With worries of surveillance and abuse in mind, the head of the People’s Bank of China’s digital currency
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Bitcoin Advocate Calls For Ban On Gold Amidst Danske Bank Scandal
Bitcoin advocates call for a ban on gold as on-going investigations into Danske Bank reveal the lender offered gold bars to clients as an off-the-table service. This bypassed money laundering checks and was sold based on helping to keep the fortunes of wealthy clients hidden.At the height of the Danske
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Former European Central Bank President: Strongly Against Bitcoin, Crypto Is Not Real
Jean-Claude Trichet, former president of the European Central Bank has affirmed his doubts over cryptocurrency, claiming that it can never become the future and replace fiat currency.Trichet is merely the latest anti-crypto member with a banking background to express a dislike over the new emerging technology of cryptocurrency that is
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Tunisia Develops the Central Bank Digital Currency E-Dinar
In what comes as major development in the adoption of a blockchain technology and crypto, Tunisia announces its own Central Bank Digital Currency (CBDC). With this launch, Tunisia positions itself as the first major country to adopt a CBDC, faster even than previously anticipated.The new cryptocurrency, called “E-dinar,” was officially
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