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Tag: Central Bank

How Nigeria’s Twitter Ban Could Hinder Bitcoin’s Adoption Rate In Africa

Cryptocurrency in Africa; A Dilemma Between the Government and Traditional Banks
The Government of Nigeria on June 5th announced a ban on the social media platform, Twitter, restricting it from operating in Nigeria through the office of the Minister for Information and Culture. This action reportedly comes after Twitter deleted tweets by the President threatening a repeat of the Nigeria-Biafra 1967 Civil War. The ban has […]

Prices Hurt as China Suspends Weibo Crypto Accounts

China has gone a notch higher in its battle against crypto. A few weeks after cracking down on bitcoin mining and bitcoin transactions, the country [...]

No, Bitcoin is not ‘technobabble’

While crypto critics and supporters may argue about Bitcoin, they both agree on one thing: It is here to stay.

Indian Tech Magnates Advocate for Crypto Adoption

Indian tech leader urges embrace of cryptocurrency as an asset class
Indian tech leader urges embrace of cryptocurrency as an asset classIndian tech leader Nandan Nilekani has joined the chorus of people encouraging greater crypto adoption in the country. Meanwhile, issues concerning cryptocurrency regulations remain unclear in India with several conflicting communique from state authorities. There is a Role for Crypto According to a report by the Financial Times on Monday (June 7, 2021), Nilekani, chairman
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‘Stablecoins Need the Same Regulation as Banks’: Bank of England

The Bank of England said that stablecoin payments should be regulated in the same way as payments handled by banks. 

Stanley Druckenmiller Invests in Bitcoin, Led by Paul Tudor Jones and FOMO 

Stanley Druckenmiller has recently shared how he got involved in Bitcoin, and how he was led by Paul Tudor James and the fear of missing out on Bitcoin.

Bank of England Explores Digital Money, CBDC in New Discussion Paper

The Bank of England (BoE) has released a new discussion paper titled New Digital Forms of Money exploring digital currencies and central...

BoE tackles ‘difficult and pertinent’ questions about digital money

The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital currency.

China expands digital yuan reach with its latest giveaway trial in Shanghai

China has increased the reach of the digital yuan with its latest giveaway test in Shanghai, the country's financial hub.

The post China expands digital yuan reach with its latest giveaway trial in Shanghai appeared first on The Block.

Cryptocurrency Remains a Safe Haven Amidst Global Economic Crash

The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to offset the negative impacts of the pandemic. Probably, this is the reason for such striking interest in the crypto market as it is inflation-friendly.

Infosys Chair Urges India to Embrace Crypto as Asset Class

Nandan Nilekani believes the acceptance of crypto as a commodity would be beneficial to…

The post Infosys Chair Urges India to Embrace Crypto as Asset Class appeared first on Coin Journal.

Lawmakers should treat crypto like gold or real estate: Indian tech magnate

Indian tech mogul, Nandan Nilekani, believes the country should be seeking to attract investment from the $1.7 trillion crypto asset industry.

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