Tag Archives: Central

[ad_2][ad_1] The National Bank of Rwanda, the central bank of Rwanda, is studying ways to issue its digital currency, according to a Bloomberg report. The central bank plans to use its digital currency to improve transaction processing and stimulate economic growth. According to Peace Masozera Uwase, general manager of the …

[ad_2][ad_1] The Ethereum ConsenSys development study participated in a $ 2 million financing round for the blocker blocker Monerium, based in Iceland, announced on Friday. The round was led by Crowberry Capital, an early stage venture company, and saw the participation of the private investment firm Hof ​​Holdings, both based …

[ad_2][ad_1] The Swedish reserve bank has warned that users and companies have claimed responsibility for the electronic money market, e-krona, are impostors because the digital currency project has not been decided. According to the Riksbank, no conclusion was made on the delivery of e-crowns and therefore claims that the conflicts …

[ad_2][ad_1] Central banks could resort to cryptocurrency reserves as a means of integrating national gold reserves according to veteran cryptographer Nick Szabo. He also argues that the use of digital currencies will increase in countries with disrupted economies. Cryptocurrency on gold Speaking at the Israel Bitcoin Summit of the Tel …

[ad_2][ad_1] Economy At the Israeli summit Bitcoin at Tel Aviv University on January 8th, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will increase in countries sanctioned by trade and economies suffering from a failed monetary planning. Szabo also said that central banks in the world could …

[ad_1] The Reserve Bank of India (RBI) has stated that cryptocurrencies do not currently pose a threat to financial stability in its recent financial report published on 28 December. The document entitled "Report on trends and progress of the banking sector in India 2017-18" reads: "[C]rypto resources currently do not …

[ad_1] A team that includes representatives of the Bank of Israel has issued a formal request for information on Distributed Ledger Technology (DLT), published on its website on 18 December. The request – whose objective is, as named, the "Regulatory Coordination of Virtual Goods" – states that "regulators of the …

[ad_2][ad_1] Cryptocurrency pioneer Nick Szabo said central banks could soon turn into cryptocurrencies to strengthen their reserves, according to Finance Magnates on January 9th. Szabo is a veteran cryptographer, having developed the concept of "BitGold" – a digital currency focused on privacy, not implemented, pre-Bitcoin (BTC) in 1998. It is …

[ad_1] The Reserve Bank of India (RBI) is pausing its plans to issue a digital currency, according to the Indian business line Hindu Business Line on January 1. The Indian central bank had originally announced its intentions to consider a digital currency of the central bank (CBDC) in April of …

[ad_2][ad_1] Economics and regulation An excessive number of regulatory agencies are interfering with the prospects of successful cryptocurrency development in Ukraine, according to a high-ranking representative of the country's central bank. What the sector needs instead are regulations and appropriate laws that allow it to grow, the banker insists. Read …