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Tag: Central Bank

US Should Maintain Technological Supremacy With CBDC: Chris Giancarlo

In a recent interview, Chris Giancarlo, former chairman of the CFTC, discussed the prospects of a CBDC and what the US needs to secure an edge in this race.

Chinese Banks Crack Down On Cryptocurrency Users

The Agricultural Bank of China (AgBank) has announced that it will follow the central bank’s guidelines to cease service to cryptocurrency users. China set to ban all crypto-related Activities AgBank is the third largest commercial bank in China and met with the People’s Bank of China to receive instructions. Other banks who attended the meeting […]

The post Chinese Banks Crack Down On Cryptocurrency Users appeared first on CryptoCoin.News.

Bank of Israel Holds a Pilot Test for its Central Bank Digital Currency

The Bank of Israel has already carried out a pilot test on its central bank digital currency (CBDC), Deputy Governor Andrew Abir revealed at a conference.

Existing Indian law could impose 2% levy on crypto bought from offshore exchanges

Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market.

CNBC host boldly reveals he sold his BTC amid depths of bear market

CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future.

Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency

The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it could bring to American citizens.

After Bitcoin U-Turn, Nigeria Plans To Launch Central Bank Currency This Year

According to Reuters, the Central Bank of Nigeria (CBN) plans to launch a digital currency pilot as soon as the end of this year. Last month, the CBN Governor, Godwin Emefiele, made a U-turn on Bitcoin and other cryptocurrencies by saying he will “allow” them. Previously, the CBN had sought to restrict the cryptocurrency sector […]

Bank of Israel deputy governor confirms digital shekel pilot is underway

Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a "pyramid scam."

Portugal’s Central Bank Issues Crypto-Related Licenses to Two Exchanges

The companies are now allowed to run crypto-related operations according to the new law enacted by Portugal.

BTC On-Chain Data Signals Start of Bear Market, When Will BTC Reach $64k Again?

Bitcoin exchange inflow by whales has grown rapidly in last few days especially on 21st June, 2021 signally a possible start of bear market. Famous financial cycle expert Charles Nenner has predicted that Bitcoin price all time high of $64,000 is not going to be taken out for a long time. Bitcoin Exchange Inflow Spikes

The post BTC On-Chain Data Signals Start of Bear Market, When Will BTC Reach $64k Again? appeared first on Coingape.

Russia central bank emphasizes negative stance on cryptocurrencies

TL;DR Breakdown Elvira Nabiullina criticizes Bitcoin yet again Russians against BTC ban fumes at central bank The governor of the Bank of Russia, Elvira Nabiullina, has reiterated the banks’ tough position against Bitcoin and other cryptocurrencies. This is amidst concerns that the country may be missing out on bounties in the crypto industry. Nabiullina, in […]

Israel is Already Testing its Central Bank Digital Currency

Andrew Abir, the Deputy Governor of the Bank of Israel, has started to issue Digital shekels as the first step of an internal pilot program.

The post Israel is Already Testing its Central Bank Digital Currency appeared first on BeInCrypto.

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