central banks | ForkLog

ForkLog 12 10.09.2021

Mexico’s central bank chief says bitcoin is a barter instrument

Bitcoin is more like a barter instrument, whose use carries high risk, than “evolved” money. This was stated by Mexico's central bank governor Alejandro Díaz de León, according to Reuters.

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ForkLog 13 03.09.2021

Nigeria’s financial regulator to regulate cryptocurrencies

The Nigerian Securities and Exchange Commission (SEC) has created a dedicated division focused on researching digital assets and developing a regulatory framework for their oversight. Reuters reports.

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ForkLog 9 03.09.2021

Argentine central bank flags use of cryptocurrencies to bypass currency controls

Argentina is concerned about the use of digital assets as a tool to bypass currency controls. This was stated by the head of the central bank, Miguel Ángel Pesce, according to Clarín.

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ForkLog 11 02.09.2021

Four central banks will test cross-border CBDC settlements

As part of the BIS's new project named 'Danbar', the central banks of Australia, Malaysia, Singapore and South Africa will create prototypes of platforms for cross-border CBDC settlements. This is reported in a BIS press release.

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ForkLog 19 01.09.2021

South Africa central bank chief declines to call bitcoin a currency

Cryptocurrencies meet the definition of an asset, not a currency. This was stated by Lesetja Kganyago, chair of the South African Reserve Bank (SARB), during a speech at Wits Business School, MoneyWeb reports.

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ForkLog 10 30.07.2021

Zelensky signs law enabling the central bank to issue a digital currency

President Volodymyr Zelensky signed the law 'On Payment Services', allowing the National Bank to issue its own digital currency.

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ForkLog 9 05.07.2021

Media: Vietnamese prime minister asks central bank to study cryptocurrencies

The Vietnamese Prime Minister Pham Minh Chinh asked the State Bank of Vietnam (SBV) to conduct a pilot deployment of cryptocurrencies from 2021 to 2023.

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ForkLog 13 30.06.2021

Ukraine passes law regulating the issuance of CBDCs

On 30 June, the Verkhovna Rada of Ukraine passed in the second reading and in full the law 'On Payment Services', which among other things regulates the general principles for issuing central bank digital currencies (CBDCs).

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ForkLog 7 14.06.2021

Tanzania’s president urges central bank to study cryptocurrencies

Tanzania's president Samia Hassan Suluhu urged the central bank to study digital assets amid their growing influence on the global financial market.

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ForkLog 21 31.05.2021

Charles Hoskinson Calls Cryptocurrencies the ‘Antidote’ to Corrupt Central Banks

The head of IOHK, the Cardano developer, Charles Hoskinson, described central banks as inefficient and corrupt. He argues that cryptocurrencies will ultimately replace them.

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ForkLog 9 31.05.2021

Irish central bank criticises cryptocurrencies for their speculative nature and lack of regulation

Derville Rowland, head of the Financial Conduct Department at the Central Bank of Ireland, warned that cryptocurrency investors risk losing all their invested funds.

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ForkLog 6 24.05.2021

Central Bank of Kuwait Warns of Risks in Crypto Investments

Cryptocurrency operations carry a high level of risk and have a range of negative consequences for traders. This is stated in the Central Bank of Kuwait's statement.

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