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Central Banks Should Leave Crypto to Facebook and JPMorgan: PwC Partner

Central banks should leave issuance of digital currencies to corporations such as Facebook and JPMorgan, according to a blockchain and financial partner at PwC France, Forbes reports March 22.According to PwC France’s Pauline Adam Kalfon, central banks should stay away from the issuance of central bank digital currencies (CBDCs)

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Central Bank Suggests Limiting Sale of Crypto Assets for ‘Unqualified Investors’

The Central Bank of Russia wants to set an annual limit for so-called “unqualified investors” that want to purchase digital assets, local business media giant RBC reported on Tuesday, March 12.According to the documents obtained by RBC, the bank wants to amend the current draft crypto bill, dubbed “On

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ECCU Plans to Issue World’s First Blockchain-Based Central Bank Digital Currency in the Caribbean

About Richard KasteleinFounder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory

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Bahrain Central Bank Releases First Crypto Exchange to Graduate Its Regulatory Sandbox

Bahrain-based Shariah compliant cryptocurrency exchange Rain has first completed the Central Bank of Bahrain’s (CBB) Regulatory Sandbox, the Saudi Gazette reported on Feb. 26.Rain, which was founded in 2016, has reportedly become the first digital currency exchange to complete the sandbox. The exchange reportedly passed a Shariah compliance certification today,

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Bahrain’s Central Bank Issues New Cryptocurrency Regulation

The Central Bank of Bahrain has issued new cryptocurrency regulation, English-language local media TradeArabia reports on Feb. 25.Before, in December last year, the central bank had issued draft proposals to potentially regulate and license crypto asset services.The new rules reportedly concern licensing, governance, risk management, Anti-Money Laundering and Counter-Terrorist Financing measures,

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Bahrain’s Central Bank Launches Sandbox for Blockchain Companies: Report

Bahrain’s central bank is launching a regulatory sandbox to allow blockchain and crypto companies to work in the country, pending formalized regulations. The news was reported by Bloomberg оn Feb. 20.As previously reported, in December 2018, the central bank issued draft proposals to potentially regulate and license crypto asset services.

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Central Bank of Lithuania Issues Updated Position on Virtual Assets and ICOs

The Bank of Lithuania has updated its position on virtual assets and initial coin offerings (ICOs), according to an announcement published on Feb. 14.The Bank of Lithuania initially issued a document detailing its position towards ICOs and digital currency in October, 2017, defining how and when virtual assets may be

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Japan’s Central Bank Examines Central Bank Digital Currencies in New Report

Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19.In the document, the bank describes the possible ways to implement a CBDC and the hypothetical consequences of different approaches. The report divides possible CBDCs in

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