[ad_2][ad_1] Deutsche Bank: Central bank digital currency will replace cash in the long run German bank (DE :), the largest banking institution in Germany, is confident that central bank digital currencies, or CBDCs, will replace cash in the future. The bank’s research arm, Deutsche Bank Research, published a new report …
Read More »Bitcoin and Crypto Brace for a bomb from the European Central Bank
[ad_2][ad_1] Bitcoin and cryptocurrency prices have soared in recent weeks, fueled by a series of positive news and supported by the US election. The price of bitcoin has also risen after central banks around the world, including the US Federal Reserve last month, reported that they are increasingly looking to …
Read More »US Central Bank Plans US Crypto Dollar
[ad_2][ad_1] Ripple CTO, David Schwartz, claims to have a significant amount of funds invested in some cryptocurrencies usually referred to as shitcoin. He said this in a recent post on Quora, answering a generic question asking if anyone had lost funds by trading cryptocurrencies. Ripple’s CTO further revealed that the …
Read More »‘Dr Doom’ Nouriel Roubini Admits Bitcoin Could Be a Storehouse of Value, Sees Big Revolution in Central Bank Digital Currencies
[ad_2][ad_1] Economist Nouriel Roubini, also known as “Dr. Doom, “admitted that bitcoin could be a store of value. Roubini sees a” great revolution “coming in the next three years due to the launch of its own digital currencies by central banks. Nouriel Roubini sees Store of Value in Bitcoin After …
Read More »39 companies have asked to offer crypto services under the new regulation, the Dutch central bank says
[ad_2][ad_1] Thirty-nine companies have applied for registration with the Dutch central bank to provide cryptocurrency services, the regulator told news.Bitcoin.com. They include cryptocurrency exchanges and custodial wallet providers. The Dutch central bank begins to register cryptographic service providers De Nederlandsche Bank NV (DNB), the Dutch central bank, has begun to …
Read More »German central bank awards altcoin tender
[ad_2][ad_1] Source: Pixeljoy – Shutterstock The Deutsche Bundesbank awarded the Ocean Protocol the contract for the conceptual design of a decentralized data network. The Ocean Protocol was the only company able to offer a technical solution out of the conception phase. Three days ago, on October 28, the Deutsche Bundesbank, …
Read More »The German central bank is working on a blockchain project, but it is not a CBDC
[ad_2][ad_1] According to a public notice published in the Supplement to the Official Journal of the European Union, Ocean Protocol, a Singapore-based non-profit foundation, was hired to create a decentralized network for the German Bundesbank. The central bank said the Ocean Protocol, which is a project of relatively limited reputation, …
Read More »The new Iranian cryptocurrency law requires miners to sell Bitcoin directly to the Central Bank
[ad_2][ad_1] Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank to finance imports. Revised encrypted law of Iran The Iranian government has changed its cryptocurrency regulation to allow the country’s central bank to finance imports with legally …
Read More »Kenya’s central bank is exploring CBDCs due to the “proliferation” of private cryptocurrencies
[ad_2][ad_1] The Central Bank of Kenya, or CBK, has reportedly initiated discussions with international central banks to explore the possibility of entering the central bank’s digital currency space. CBK Governor Dr Patrick Njoroge told reporters during Georgetown’s DC Fintech Week that: “”We [the CBK] they are already discussing with other …
Read More »The Philippines now has 16 central bank approved cryptocurrency exchanges
[ad_2][ad_1] The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges helped the government and Unionbank launch a bond purchase app. 16 crypto exchanges registered in the Philippines The Central Bank of …
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