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PortuguêsMarkets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent. Bitcoin (BTC) held steady at just above $20,000 after the June 29 Wall Street open…
Continue ReadingThe government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic…
Continue ReadingThe Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the…
Continue ReadingA state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes. Central bank digital currencies (CBDCs) do not…
Continue ReadingRecent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday,…
Continue ReadingCleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down…
Continue ReadingThe Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means…
Continue ReadingBIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects. The Bank for International Settlements (BIS) Innovation Hub announced the…
Continue ReadingWith concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a…
Continue ReadingThe head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility. The Central Bank of Russian Federation recently discussed using bitcoin…
Continue ReadingCryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital…
Continue ReadingNumerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. In the summer of…
Continue ReadingAmid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto…
Continue ReadingMeltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations. “I like to call myself a future,…
Continue ReadingThe Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the…
Continue ReadingBitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar. The Carbon Bankroll Report was released on May…
Continue ReadingA report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react. Another day, another environmental attack…
Continue ReadingTwo months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation”…
Continue ReadingThe National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the…
Continue ReadingIn an interview filmed during the World Economic Forum in Davos, Daniela Barbosa gives the floor to enterprise blockchains and the future of currencies. For Daniela Barbosa — general manager…
Continue ReadingThe bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions. The Bank of Uganda…
Continue Reading“One of the reasons it is so successful is because it’s simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology. In discussion with the International…
Continue ReadingCalls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial…
Continue ReadingThe bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The…
Continue ReadingA senior official from the Central Bank of the Russian Federation said it is open to using bitcoin and other cryptocurrencies for international payments. The central bank of Russia is…
Continue ReadingThe Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new…
Continue ReadingThree Republican senators introduced a bill to protect Americans from the “Authoritarian Digital Currencies Act.” Lawmakers in the United States are moving to protect the country from the potential undesirable…
Continue ReadingThe Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil’s national currency. Brazil’s Federal Reserve (RFB) has declared…
Continue ReadingAuthorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will…
Continue ReadingOne in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to…
Continue ReadingThe governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His…
Continue ReadingWith the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder…
Continue ReadingPresident of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their…
Continue ReadingEl Salvador hosted a financial inclusion event this week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach. El Salvador hosted central bankers and financial authorities from…
Continue ReadingOn day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show. The orange pilling adventure in El Salvador continues. In a video that…
Continue ReadingCyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities…
Continue ReadingIndia’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate. Indian crypto businesses are struggling with the new tax policies as trading…
Continue ReadingIndia’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine…
Continue ReadingEl Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference. This week, 44 central bankers from developing…
Continue ReadingDoes government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow. Government-issued electronic currency seems to be an idea whose time has come. “More…
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