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Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

2.10.2021
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto...

Actions speak: China’s crypto ban may reveal digital yuan CBDC goals

2.10.2021
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner

Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout

2.10.2021
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a later date. Nwanisobi’s announcement came less than 24 hours before the CBN was scheduled to launch...

Brazil Stock Exchange wants to provide oracles for digital real

1.10.2021
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said

Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital Currency

1.10.2021
The central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash....

Global CBDC bridge needs public and private cooperation, says BIS

1.10.2021
Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report

Visa Testing Regulatory Waters Before ‘Forcing Though’ its CBDC Solution

1.10.2021
="https://cryptonews.com/news/solana-gets-more-investments-than-ethereum-crypto-jobs-booming-more-news.htm">reported yesterday, Visa has unveiled its plans to create what it calls the Universal Payments Channel (UPC), which – in theory – would integrate a number of blockchain networks to enable

Fed’s Powell has no intent to ban Bitcoin or crypto

30.9.2021
Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the Covid-19 pandemic

Visa working on blockchain interoperability hub for crypto payments

30.9.2021
Visa’s new blockchain interoperability project is designed to serve as a “network of blockchain networks.”

New Zealand central bank releases issue paper on digital currency

30.9.2021
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology

Bank of England unveils all-star payments and tech lineup for CBDC Forums

30.9.2021
Executives and experts from Google, Amazon, PayPal and ConsenSys will be assisting Britain’s central bank with its CBDC research

‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency

30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...

Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals

29.9.2021
The development marks another sign of the digital hryvnia project picking up steam

Central Bank of Ukraine Seeks to Hire Blockchain Developer

29.9.2021
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as this year. NBU Posts Blockchain Developer Ad...

Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations

29.9.2021
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency...

CBDCs could cut cross border remittance costs by half: BIS report

28.9.2021
The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed

Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa

28.9.2021
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending...