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Dutch Crypto Firms Secure Partial Legal Victory Against Regulatory Fees
5.10.2023
Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory....
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“CBDC to Aid Taxation” Argentina’s Central Bank Backs Massa’s Plan For a Digital Peso
5.10.2023
Argentina’s central bank has expressly backed Sergio Massa’s bid to roll out a Central Bank Digital Currency (CBDC) if elected President.
Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina explained that a ‘digital peso’ will offer multiple benefits for...
CBDC will improve tax collection — Argentine central bank director
5.10.2023
Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy
South Korean Central Bank Sets ‘Real-World’ CBDC Pilot Date
5.10.2023
The South Korean central bank has set a date for its “real-world” CBDC pilot, with the first citizens slated to use the coin in the fourth quarter of FY2024.
Per the broadcaster KBS, the Bank of Korea (BOK) will team up with the country’s top financial regulators – the Financial Services...
Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says
4.10.2023
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows
Project Atlas: Bank for International Settlements Tackles Crypto Tracking with EU Central Banks – Here's the Latest
4.10.2023
The Bank for International Settlements (BIS) and four European central banks have rolled out a Proof-of-Concept (PoC) system to track the global flow of cryptocurrency assets.
The partnership with the BIS was struck with the European Central Bank, Banque de France, Deutsche Bundesbank...
BIS, EU central banks building data platform to track crypto, DeFi flows
4.10.2023
The Bank of International Settlements and a handful of European Central banks are building a system to track international flows of cryptocurrencies
CBDC lays foundation for new global monetary system: French Central Bank
4.10.2023
First Deputy Governor at Banque de France calls the central bank digital currency “the catalyst for improving cross-border payments."
Central Bank Group Unveils Data Project Mapping Crypto Transfers
4.10.2023
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project
Ripple gets formal approval for Singapore payments license
4.10.2023
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore
EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says
3.10.2023
A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
Head of Portugal central bank deems crypto unsustainable, calls for global regulation
3.10.2023
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts
Bank of Russia Digital Ruble Pilot Update: ‘Everything Going as Planned’
3.10.2023
The Bank of Russia offered an update about the state of the digital ruble, the Russian central bank digital currency (CBDC), which is currently in a nationwide pilot. Elvira Nabiullina, governor of the Bank of Russia, stated that the pilot was “going as planned” and that more...
Coinbase Obtains License From Singapore’s Central Bank — Crypto Exchange Sees Singapore as ‘a Vital Market’
3.10.2023
The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market for Coinbase,” the crypto exchange emphasized....
Shiba Budz (BUDZ): The Game-Changer in Decentralized Gaming
2.10.2023
In the world of cryptocurrencies, the emergence of Shiba Budz (BUDZ) has sparked a notable revolution in the realm of decentralized gaming. This development is characterised by the innovative use of blockchain technology to enhance gaming processes and establish secure on-chain marketplaces...
Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus
2.10.2023
Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry. Miners...
Robert Kiyosaki Expects Bitcoin to ‘Become Priceless’ When the Fed Launches Central Bank Digital Currency
1.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.” The famous author...
US Spy Agency Plans to Launch Generative AI Tool to Amplify Intelligence Gathering
29.9.2023
Reports indicate that the U.S. Central Intelligence Agency is poised to unveil a generative artificial intelligence (AI) tool, akin to Openai’s Chatgpt, to significantly enhance investigative efforts. Randy Nixon, the head of the CIA’s Open-Source Enterprise division, explained that this...
Brazil’s Central Bank Tightens Rules as Crypto Adoption Rises
28.9.2023
The central bank of Brazil has vowed to tighten rules and strengthen its oversight of crypto platforms, as crypto adoption in the country surges higher.
Speaking in front of a parliamentary commission on finance and taxation on Wednesday, Roberto Campos Neto, the governor of Brazil’s central bank...
Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
28.9.2023
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading