It appears that the United States will finally be moving forward to create its own central bank digital currency (CBDC), according to the Bank of America. Bank of America crypto …
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South Africa’s central bank governor: “Crypto does not qualify as currency”
Lesetja Kganyago, governor of the South African Reserve Bank (SARB), has argued against classifying crypto as currencies. According to a report by MoneyWeb, the central bank chief likened crypto to assets rather …
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PM of Vietnam orders Central Bank to conduct cryptocurrency pilot implementation
Phạm Minh Chính, the prime minister of Vietnam, has mandated the country’s Central Bank to study and pilot cryptocurrency implementation. This puts Vietnam’s State Bank as the first bank of …
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Tanzania central bank may rescind cryptocurrency ban after presidential endorsement
The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working …
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Portugal’s central bank issues first licenses to local cryptocurrency exchanges
A “crypto-friendly” country, Portugal, has taken some steps to regulate the local Bitcoin scene. Banco de Portugal, the country’s central bank, has issued operating licenses to two local cryptocurrency exchanges …
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Crypto is going to “come to life” in Nigeria, central bank governor says
At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the …
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Central Bank of South Korea begins development of pilot digital currency
South Korea’s central bank on Monday said it will choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central …
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Turkish Central Bank Chief Rules Out Crypto Ban
The Turkish government has ruled out a general ban on cryptocurrencies, but instead, it’s working on regulations to govern the digital assets sector. In an interview with Turkish media, Central Bank Governor Sahap Kavcioglu clarified …
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UK government creates central bank digital currency task force
Her Majesty’s Treasury and the Bank of England have begun preliminary central bank digital currency studies that could result in the creation of a national digital currency. In a document published …
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China Aims To Allow Foreigners To Use Digital Yuan At 2022 Winter Olympics
China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top central bank …
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