Cryptocurrency Analysis and News Portal
The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in a bid to deter users from evading currency controls.As local business-focused publication Business Report reported on Dec. 2, SARB’s deputy governor, Kuben Naidoo,
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Legislation clarifying the legal status of cryptocurrencies, including mining and token sales, was reported to be passing through the State Duma by the end of the last summer session, but has seen delays. Two of three planned bills were passed in 2018, however, one regarding digital rights and the other
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Denis Beau, First Deputy Governor of Banque de France (France’s central bank) discussed the possibility of central banks in Europe developing a digital currency at the AFME Annual Capital Market Technology and Innovation Conference, held in Paris on 21st November.Beau stated that the tokenization of financial assets, along with applications
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The Republic of Ghana is exploring the benefits of issuing a central bank digital currency (CBDC), the governor of the country’s central bank says.Ernest Addison, a Ghanaian economist currently serving as the governor of the Bank of Ghana (BoG), revealed that the bank is working with key stakeholders to
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The governor of the West African nation’s central bank, Ernest Addison, said Tuesday that Ghana could issue a digital form of the nation's currency, the cedi, in the "near future” and is in talks to develop a pilot project in a "sandbox environment." Source
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A rally triggered by a wrongly translated message on President Xi Jinping’s support for blockchain has been wiped out, as the People’s Bank of China continues to come down hard on cryptocurrenciesBitcoin recovers some lost ground, but some see it sinking further. Bitcoin’s recovery is expected to be short-lived
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The first deputy governor of the French central bank has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe.Speaking at the AFME Annual Capital Markets Technology and Innovation Conference on Nov. 21, Denis Beau, the first deputy governor of Banque de France, delved into the issue
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The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech. Source
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China's central bank has formally issued a new plan to crack down on crypto businesses. Source
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The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new
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