Cryptocurrency Analysis and News Portal
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala
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Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present.Pérez’s comments came during an exclusive chat with Cryptox editor Aaron Wood at European Blockchain Convention 2022, where he discussed American Express’ current
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An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set Up System to Identify Crypto
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The report suggests that, based on the experiment, an intraday, wholesale CBDC could have a positive impact on financial stability and limited influence on monetary policy. But Sylvie Goulard, deputy governor of the Bank of France, said that the scale of the experiment was too limited to arrive at broader
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Britain's Financial Conduct Authority (FCA) released a supervisory notice on Wednesday, stating that prominent crypto exchange Binance is not capable of being effectively supervised and exposes users to financial risk.The FCA notice — originally dated June 25 — was in relation to Binance’s “complex and high-risk financial products” that pose a
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The potential efficacy in the approved Pfizer-BioNTech and Moderna vaccines is spurring a delay in second dose administration by some nations, especially those with limited supplies of the jabs.A new research study released by the United States Centers for Disease Control and Prevention (CDC) has revealed that the COVID-19 vaccines
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A spate of exchange delistings has pushed privacy coins further to the fringes of cryptocurrency. The likes of
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XRP, the underlying token of the Ripple’s flagship blockchain, is not a practical cryptocurrency for holding, said a top market analyst.The statements appeared in the wake of XRP’s dismissive performance in 2020 against its better-performing rivals, such as bitcoin.The analyst said the Ripple token could fall by another 50 percent
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Privacy is a hot topic for legislators all over the world.Democractic presidential candidates have privacy laws and regulations in their campaign platforms. Amy Klobuchar discussed a tax on companies who share user data. Elizabeth Warren has introduced legislation that considers the idea of jail time for CEOs over privacy failures.
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