While Ireland's central bank warned investors about risks with crypto investments, BNY Mellon launched digital asset custody services in the country.

While cryptocurrency has been around for quite some time now, a stratospheric rise in its use has materialized over the last year, primarily due to the pandemic.

The post Economist Intelligence Unit’s report shows trends behind the increased acceptance of cryptocurrencies appeared first on CryptoSlate.

Crypto assets are of “great concern,” says Ireland’s central bank enforcer, Derville Rowland.

A former People's Bank of China (PBoC) official has defended China by clarifying its motivations behind developing a central bank digital currency (CBDC).

The post Former PBoC Official Denies Digital Yuan Will Be a Surveillance Tool appeared first on BeInCrypto.

UK Digital bank Starling bans deposits to cryptocurrency exchanges due to high levels of suspected financial crime as we can see more in our latest crypto news today. The UK Digital Bank Starling barred its customers from sending money to crypto exchanges but withdrawals are not affected. The bank temporarily barred its customers from depositing […]

The Central Bank of Brazil, the highest monetary authority of the South American country, has released a document specifying the general guidelines of a future Brazilian central bank digital currency (CBDC). The note, titled “Banco Central do Brasil releases general guideline for a Brazilian CBDC,” details the characteristics and traits that a hypothetical CBDC emitted by the […]

Read full post Central Bank of Brazil issues guidelines for its CBDC. on Chaintimes.com.

The post Can CBDC Run on the Ethereum Network? Yao Qian says YES! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Yao Qian, science and technology supervision bureau chief of the China Securities Regulatory Commission (CSRC), says that a central bank digital currency (CBDC) can run on the Ethereum network during the spring conference of the International Finance Forum (IFF) 2021.  Yao, affectionately known as China’s “Crypto Dad,” is regarded as one of the blockchain industry’s …

DeFi solutions, and the decentralized liquidity they protect, are the only way forward for the cryptocurrency space.

A host of nations have been testing their own native CBDCs in full swing over the past few months now. However, to date, no country has officially adopted the same. Countries including the likes of Ch

The post Bank of Japan's Governor is the latest to say this about Bitcoin appeared first on AMBCrypto.

TL;DR Breakdown DubaiCoin was revolving around $0.17. The coin gained more than 1000 percent in value. It now trades at $1.17 and might keep on rising. Dubai is known as the City of Gold but it was known for much more when on 27th May, DubaiCoin, to everyone’s shock, rose by 1000 percent. The coin […]

Financial inclusion is one of the most important topics in blockchain, because we have a once-in-a-lifetime chance to actually do something about it.

The post The Simple Formula for Financial Inclusion appeared first on Bitcoin Market Journal.